Review study on financial planning and proposal of an empirical model for sme in Mexico

This work deals with financial planning. On the one hand, it studies formal and financial planning, its models and five fundamental concepts, which are supposed to be essential for the development and proper application of financial planning: business, money, accounting, planning and value. On the other hand, it proposes the design, from a financial and empirical point of view, of a financial planning model for SMEs in Mexico, with the following characteristics: practical, holistic, descriptive, and flexible.