Economic and Financial Viability Analysis in a Micro Enterprise of Meringues and Egg Yolk and Conconut Flan Artisans

Abstract

The candy market has grown increasing in Brazil and around the world. This research aimed to study the economic-financial viability of a  micro family-owned enterprise that produces meringues and egg yolks and coconut flan artisans. The research carried out based on productive and economic from January 2018 to December 2021, with a projection for five years of operation. Adopted with economic indicators of profitability: Net Present Value (NPV) and Internal Rate of Return (IRR), and Sensitivity and Risk Analyses. The production of homemade meringue was financially viable at a discount rate of 6% per year, presenting IRR of 7.74% per year. When the production of meringue associated with the production of egg yolks and coconut flan was considered, it was financially feasible of 10% per year, with IRR annual of 11.95% per year. Considering the importance in the management of micro and small businesses, financial management and the generation of economic indicators of profitability contribute to assertive decision making, in the enterprise. Aiming at the waste, the handmade production of egg yolks and coconut flan was proposed and implemented to ensure the use of egg yolk, originating from the production of meringues. The makes managers aware of the importance of the total utilization of the raw material, diversification of production and greater supply in the product portfolio in company.