They offer valuable tool for new business – Sipse.com

Entrepreneurs

Carlos Mena Baduy software facilitates to develop financial plans online, aimed at those wishing to start a business.

Cecilia Ricárdez / SIPSE
MERIDA, Yuc.- With the aim of providing a tool Internet entrepreneurs develop financial plans and help that are not part of the 8 out of 10 businesses fail in the first two years, the analyst in economics specialist SMEs and Finance from doing 20 years Carlos Mena Baduy developed software FINPLAN .

Because of the quality of the project, was invited to the Second National Entrepreneurship Week, held in Mexico City from 5 to 10 October, where in addition to presenting its proposal offered two conferences: “Financial Planning in 10 minutes” and “What your financial studies do not tell,” which are online at the site Inadem and presented at the Regional Entrepreneur Week “Quintana Roo 2015″ and will present your product in an incubator at a university in Puebla.

For the relevance of its contents in the business ecosystem emerging or developing and startups, this program is promoted in the Solutions Showcase Technology National Institute of Entrepreneurship, a website that disseminates products and services aimed at improving the capabilities and income of the companies. Likewise, it will join the Network Support Entrepreneur of Inadem.

FINPLAN is software for developing financial plans online, aimed at those who wish to start a new business, in order to obtain resources for projects through fomentation funds, private investors or banks. Also part of its market established companies that require planning budgets or borrow.

You can access the tool from any device connected to the internet and safely stored information on the Web lets you know. How are you going to business in the first months ?, What working capital need ?, What and how soon agree loans can be paid? and How much should sell for adequate income?
In this context, the proposal helps the entrepreneur to reduce costs in hiring an accountant to do this and save time analyzing the data, as in just seven steps, each lasting 10 minutes, casts the financial plan to evaluate sales goals, lending and pricing decisions and margins.

For the development of this system, Carlos Mena had Baduy Program support for the Development of the Software Industry (Prosoft), which is part of the actions of the Federal Ministry of Economics and public policy for the promotion of Information Technology (IT) sector in Mexico.

It has two modules, the data entry and reporting; in the first information on the initial investment capital available is entered and suggests a financing (optional), likewise sales, cost of sales and expenses, initial and growth rates over time are recorded.

In the second module are reported 12 and 5 years of financial statements and cash flow also contains a section that presents smart multiescenarios loans for the user to know the impact on flows, a scoreboard and financial analysis, liquidity ratios, break even and profitability, this coupled with a valuation of the project, net present value and internal rate of return.

In order to also support SME CEOs, credit providers, business partners and investors, as well as accounting firms, Finvex created software for making analysis of financial statements. Its official launch will be later this month

Finvex lets you know. How much you have to sell for a desired profit? How long does a business in collecting their bills? How much care must be taken to maximize profits? What if costs and sales vary? Where the company cash go? Liquidity Problems soon be taken? and if the company is profitable and why.

Online Conferencing

• In addition to offering its proposal, Carlos Mena Baduy gave two lectures: “Financial Planning in 10 minutes” and “What your financial studies do not tell you “which they are online at the site of Inadem.

Licensing and contributions

• software licenses can be purchased with a promotion entry. For more information you can visit the website or call 01800 0240018 www.finex.com.mx.
• Carlos Mena Baduy is a columnist for the editorial section of the newspaper NEW MILLENNIUM with its contribution “Notes Economaya” which published Wednesday.