This article arises as a result of the reflection of the research "Development of Financial Management of employers of industrial SMEs in the city of Duitama" developed by the Research Group -Ideas en Acción- which is part of the School of Administrative Accounting Sciences Economic and Business "ECACEN" of the UNAD, one of the questions that guided the present study is What financial management capabilities do entrepreneurs of industrial MSMEs in the city of Duitama have? Hypothesis H2 was raised-There are factors related to the capacities that influence a better financial management of the industrial MSMEs of the city of Duitama, the internal processes of the financial management of the companies studied are analyzed and it is recognized if these decisions are taken based on knowledge, skills or culture. The research is framed within a mixed approach, using the descriptive study as a research type. The quantitative survey is proposed as a data collection instrument to know the knowledge, attitudes and opinions of businessmen regarding financial management. In their companies, for the implementation, the Mipymes companies of the city of Duitama that are currently registered in the Chamber of Commerce were taken. In conclusion, entrepreneurs are trained in financial management for decision making that helps to empower companies from the administration and the adoption of a business culture.