Financial Analysis on the Management of Commercial SMEs in Santo Domingo

Abstract

The research focused on determining the impact of financial analysis in the decision-making process of commercial SMEs in Santo Domingo. Undoubtedly, this economic activity fully identifies a thriving city, especially because of the privileged location that allows it to develop all types of commerce. In this context, the research approach is mixed: data were collected to evaluate the relevance of financial indicators in decision making and used the quantitative methodology, which allowed extracting measurable values that strengthened the study. It was concluded that financial analysis is an essential tool for generating long-term value. SMEs in the commercial sector of Santo Domingo will be able to achieve the sustained growth they wish to attain. The strengthening of the SMEs will generate more capital, which will contribute to the dynamization of the local and national economy through the generation of employment and higher taxes.