The circular economy can be applied in practically all sectors, but if we had to highlight a few in particular, we could mention: Textile, through sustainable fashion and fabric recycling. Food, by r...

SMEs can move toward a circular model by adopting practical measures such as: Redesigning products and services to make them more durable, repairable, and recyclable. Optimizing the use of resource...

It is a model that aims to reduce waste and make the most of resources. Instead of producing, using, and discarding (as in the linear economy), the circular economy focuses on reusing, repairing, recy...

There are specific subsidies for energy communities, both at national and regional level. The Galician Economic Office informs you about these aids, informing you of all the legal and technical requir...

Participating in an energy community reduces energy costs, enhances independence from the electricity grid and improves sustainability. The Galician Economic Office connects you with local initiatives...

Shared self-consumption must comply with regulations on distances, energy distribution and administrative permits. The Galician Economic Office is responsible for advising you on all the procedures so...

Storage systems allow you to accumulate surplus energy to use during times of higher demand or when generation is low. The Galician Economic Office advises you on the type of batteries and systems mos...

i, existen fondos (Xesgalicia, Vigo Activo, Unirisco, Uninvest, Noso Capital,…)  que invisten en proxectos locais con potencial de crecemento. A Oficina Económica de Galicia axúdache a contactar...

The composition of the founding team, the business model, scalability, and the expected return are some of the main aspects evaluated. You can get advice at the Economic Office of Galicia on how to pr...

The Economic Office of Galicia has a map of active investors and can connect you with the most suitable ones for your sector. Don’t hesitate to request advice from our experts

It is mainly aimed at startups and innovative SMEs that need funding to grow and consolidate their business model. The Economic Office of Galicia helps you prepare your project to attract investors. D...

It is a temporary investment in companies with high growth potential. Investors provide capital and strategic support over a certain period of time. Don’t hesitate to request advice from our exp...

Companies are required to keep working time records for at least four years, and they must be made available to employees, union representatives, and the Labour Inspectorate upon request. Don’t hesita...

Although reference values are sometimes given for financial ratios, they shouldn’t always be taken literally. There are factors—such as the general economic situation and that of your company—that may...

Net Profit is calculated by subtracting accounting depreciation, the financial result, and tax payments from the Gross Operating Result. These elements reduce the final result at the end of the fiscal...

Failure to comply with working time registration may result in penalties from the Labour Inspectorate. Fines can reach up to €7,500, depending on the severity of the violation. In addition, the lack o...

The working time record must include at least the following information: Start and end time of each employee’s workday. Breaks, if required by the company. Possibility to include overtime hours. Form...

The maximum number of overtime hours is 80 per year. Additionally, there are certain limitations depending on the worker’s age (those under 18 are not allowed to work overtime) or type of schedule (ni...

There are different time-tracking methods, but the most common include digital clock-in systems, mobile apps and schedule management software, biometric systems such as fingerprint or facial recogniti...

Besides the more well-known forms of loans, credits, and credit lines, there are other ways to obtain financing for your business. On one hand, there are internal financing methods, meaning those that...

It has been mandatory for all companies in Spain since the entry into force of Royal Decree-Law 8/2019. Its objective is to ensure compliance with working hours, prevent overtime abuse, and provide gr...

If you have a cash surplus, you can use it to improve your company’s finances through internal investments, such as paying off liabilities or reducing the average payment period to suppliers in exchan...

Yes, and more and more companies are opting for this solution. The Galician Economic Office will guide you on the technical studies necessary to assess the feasibility, helping you choose the number a...

Each installation must comply with regulations on permits, connection to the grid and distribution of surpluses. The Galician Economic Office guides you through the complete process to ensure regulato...

Depending on the type of project, building permits, connection permits or environmental authorizations may be required. The Galician Economic Office informs you about all the necessary procedures to g...

Cogeneration is subject to specific regulations on minimum efficiency and surplus management. The Galician Economic Office advises you on the legal conditions and helps you identify the required stand...

We offer technical and legal audits to ensure that all your facilities comply with current regulations. In addition, we help you manage any updates required by regulatory changes. Don’t hesitate...

Efficient internal communication directly impacts a company’s success by improving team coordination, increasing employee motivation, and reducing workplace conflicts. Additionally, it strengthe...

It is common to encounter a lack of clarity in messages, which leads to confusion; improper use of communication channels, such as excessive emails; lack of employee feedback; outdated or inaccessible...

Primarily, by clearly defining communication channels for employees, promoting a culture of transparency and open dialogue, encouraging communicative leadership at all levels of the organization, impl...

There are several options that can optimize communication within a company, and the best choice will depend on the organizational structure. However, the most common tools include: Instant messaging ...

It is key to the proper functioning of any company as it facilitates the flow of information between employees and departments, improves the work environment, fosters commitment, and increases product...

Although reference values are sometimes provided for financial ratios, they should not always be taken literally. There are factors such as the general economic situation and the specific context of y...

Net Profit is calculated by subtracting accounting amortizations, financial results, and tax payments from the Gross Operating Profit. These deductions reduce the final result at the end of the fiscal...

The maximum number of overtime hours allowed is 80 per year. Additionally, there are some limitations depending on the employee’s age (workers under 18 years old cannot perform overtime) or the ...

Besides the well-known forms of loans, credit, and credit lines, there are other methods to obtain financing for our company. On one hand, there are internal financing options, meaning those generated...

If you have a cash surplus, you can use it to improve the company’s accounts through internal investments, such as paying off liabilities or reducing the average payment period to suppliers in e...

For digital transformation to be effective, it’s important to focus on three fundamental pillars: business strategy and customer relations, improving internal management and organization, and us...

The first step is to focus on areas that directly impact the company’s revenue. A good starting point could be creating an e-commerce platform along with a digital marketing strategy to attract and re...

Not exactly. Digitalization involves incorporating digital technologies into certain processes, while digital transformation is a deeper change. It requires rethinking the company’s operations to leve...

Small and medium-sized enterprises (SMEs) can also benefit from Information and Communication Technologies (ICT), which provide accessible and attainable solutions to optimize processes and improve cu...

The main reason is the need to adapt to an increasingly technological environment. Digitalization has transformed the way we consume products and services, driven by the rise of e-commerce and mobile ...

Galicia has several grants, such as those from INEGA, for projects linked to renewable energies. From the Galician Economic Office, we guide you in submitting applications and help you identify and co...

Changes in regulations regarding self-consumption, energy communities or cogeneration can impact your operations. The Galician Economic Office keeps you updated on all regulatory developments and how ...

The transition to an electric fleet requires planning. The Galician Economic Office helps you design progressive replacement plans, incorporating analysis of costs, benefits and charging infrastructur...

Depending on the use, you may need fast, semi-fast or slow chargers. The Galician Economic Office advises you in selecting the type of infrastructure and planning its location. Don’t hesitate to...

Programs such as the MOVES Plan offer significant aid for the installation of charging points and the acquisition of electric vehicles. The Galician Economic Office helps you identify the applicable s...

For an invention to be protected by a patent or utility model, it must meet three basic requirements: Novelty: The invention must not be part of the prior art. This means it should not be publicly kn...

In the European Union, computer programs are not patentable, but they can be registered in the General Intellectual Property Registry. This registration grants copyright over the software, protecting ...

Rights: The holder of a patent has the exclusive right to prevent third parties from manufacturing, using, selling, or importing the invention without their consent. This allows the holder to control ...

No. The protection of a patent is only valid in the country where it was granted. To protect your invention in other countries, you can: Apply for a patent in each country where you want protection. ...

Generally, no , because the publication of information about the invention causes it to lose the requirement of novelty, which is essential for the granting of a patent. However, there are exceptions ...

An energy community allows companies and citizens to generate and share energy locally. The Galician Economic Office promotes the creation of these communities, facilitating feasibility studies, legal...

From initial planning to installation supervision, the Galician Economic Office acts as a technical partner helping you ensure that your project is executed properly, complying with all regulations an...

The Galician Economic Office helps you identify analysis tools for calculating energy savings, emission reductions or return on investment, which will provide you with detailed reports that will justi...

They allow you to reduce installation costs by dividing the investment between several users. The Galician Economic Office advises you on the creation of legal and technical agreements to develop shar...

A successful project depends on good financial planning. The Galician Economic Office collaborates with financial institutions and manages access to subsidies to guarantee the economic viability of yo...

From small self-consumption installations to cogeneration projects, each company has specific opportunities. The Galician Economic Office carries out technical and economic feasibility studies to iden...

The Galician Economic Office offers personalized advice to teach you how to read your energy bills, identifying possible errors or areas for improvement that can generate immediate savings.

In addition to reducing emissions, contracting green energy improves your company’s image with customers and partners. From the Galician Economic Office, we connect you with certified suppliers ...

An ill-sized contract can increase your bill considerably. At the Galician Economic Office, we show you advanced tools to analyze your consumption and recommend the most profitable type of contract fo...

An ill-sized contract can increase your bill considerably. At the Galician Economic Office, we show you advanced tools to analyze your consumption and recommend the most profitable type of contract fo...

It is important to review the rate, contracted power, possible penalties and permanence clauses. From the Galician Economic Office, we advise you during the renegotiation, identifying more competitive...

Analyzing your energy contract can reveal unnecessary costs such as poorly adjusted power or unfavorable terms. The Galician Economic Office offers a comprehensive review of your current contracts and...

Incorporating electric vehicles reduces your business’s carbon footprint and demonstrates a real commitment to sustainability. The Galician Economic Office helps you communicate these achievemen...

The Galician Economic Office helps you coordinate from the initial design of the project to the supervision of the installation, ensuring that all regulations and quality standards are met.

Storage systems allow you to make the most of the energy generated and reduce consumption during peak hours. The Galician Economic Office connects you with battery experts and advises you on the most ...

With self-consumption you reduce dependence on the electricity grid and energy costs in the long term. The Galician Economic Office reviews turnkey projects that include design, installation and conne...

From the Galician Economic Office we carry out technical and economic studies to evaluate the viability of sources such as solar or biomass in your business. We also help you with administrative proce...

We act as intermediaries between your company and suppliers, helping you analyze budgets, deadlines, and the correct execution of works. We also help you monitor regulatory compliance throughout the p...

Yes, and the Galician Economic Office helps you calculate long-term energy savings, assess the environmental impact and identify available subsidies to cover part of the cost of that renovation.

Equipment such as high-efficiency boilers, energy control systems and IoT equipment or devices often have a quick return. The Galician Economic Office guides you in the selection and installation of t...

The Galician Economic Office can help you carry out technical monitoring of the measures implemented, evaluating performance and proposing adjustments if necessary. We can also help you define periodi...

Initial measures often include changes to LED lighting, improvements in thermal insulation and adjustments to the contracted power. The Galician Economic Office helps you analyze the implementation of...

From digital simulation tools to access to experts in engineering and legislation, the Galician Economic Office centralizes many of the resources necessary for your company to receive comprehensive ad...

Not all measures have the same impact. The Galician Economic Office provides you with a prioritized action plan that takes into account both potential savings and the necessary investment. In addition...

Small businesses often benefit from measures such as solar panels, efficient lighting or consumption monitoring systems. The Galician Economic Office helps you understand what is the best option for y...

It is important to analyze initial costs, estimated savings, compatibility with your current facilities, return on investment or regulatory requirements. The Galician Economic Office provides you with...

The Oficina Económica de Galicia assesses your specific needs and compares different technologies available on the market. Thanks to our experience and database of previous projects, we offer recommen...

Personal loans necessary to finance a specific need at a given time for which we do not have sufficient liquidity, and mortgage loans that allow us to obtain a sum of money high enough to face the pur...

These are assets that are part of our economic structure (i.e., they appear in the assets), and in which we have invested a certain amount of capital, but which do not have a physical existence. The c...

Both Net Present Value (NPV) and Internal Rate of Return (IRR) are tools that allow evaluating the profitability of an investment. The difference lies in the nature of the information they provide: NP...

This term refers to the time interval between the beginning of payment to suppliers and the final collection.

Leasing or financial leasing is a form of long-term financing that consists of the transfer of an asset by a financier to a company (it is widely used to acquire, for example, vehicles) in exchange fo...

We are the reference point for managing the entire process, from finding accredited professionals to carry out the audit to supporting the interpretation of results. Additionally, our work includes pr...

Many public subsidies, such as those from the PREE program (Energy Rehabilitation Program for Buildings), require a prior assessment to justify the proposed measures. At the Economic Office of Galicia...

From the Galician Economic Office, we help you establish key performance indicators (KPIs) to assess energy efficiency in your company. KPIs such as energy intensity, costs per unit produced, or carbo...

In the energy audit, factors such as electrical and thermal consumption, equipment usage, operating schedules, and energy losses are analyzed. The Galician Economic Office collaborates closely with yo...

An energy audit is the first step to detect inefficiencies in consumption and propose savings solutions. The Galician Economic Office provides companies with a specialized technical team that helps yo...

The decision to hire a professional to manage digital communication depends on several factors, including the size of the company, available resources, and specific objectives. For small businesses or...

Managing online criticism is a delicate art that requires empathy, professionalism, and promptness. The first step is to establish a response protocol that allows addressing criticism consistently and...

Effective management of digital communication requires constant commitment and significant time dedication. However, rather than talking about fixed hours, it’s important to understand digital c...

Search engine optimization, or SEO, is a constantly evolving discipline that requires a multifaceted approach. The foundation of good SEO begins with creating quality, relevant content that is regular...

In the current digital communication landscape, the right selection of tools can make the difference between an effective strategy and one that falls short. Platforms like Hootsuite or Metricool have ...

The measurement of digital impact transcends basic numbers, becoming a sophisticated analysis of multiple variables. Beyond traditional metrics such as followers or visits, it is essential to delve in...

Digital content should be conceived as an integral experience that conveys the brand’s value beyond simple promotional information. It is essential to create narratives that emotionally connect ...

Designing an effective digital communication strategy requires a methodical approach. The first step involves clearly defining business objectives, precisely identifying the target audience and their ...

Digital communication is articulated through a complex and dynamic ecosystem of interconnected platforms. The corporate website remains the central core of this strategy, functioning as the company...

Digital communication represents the new paradigm of relationship between businesses and the public, radically transforming the way organizations interact with their ecosystem. Beyond being a simple m...

Self-consumption contributes significantly to the transition towards a more sustainable energy model, reducing carbon footprint and promoting the use of clean and renewable energies. If you want to ex...

Self-consumption reduces dependence on the traditional electricity grid, as it allows direct consumption of generated energy. If demand exceeds production, it is supplemented by the grid. If you need ...

There are two main types: self-consumption without surplus (with anti-spillage devices) and self-consumption with surplus (which allows injecting excess energy into the grid). If you need help decidin...

The main advantages include: economic savings on electricity bills, greater energy independence, reduction of carbon footprint, and the possibility of economic compensation for surplus energy. If you ...

Energy self-consumption is the production of energy for personal use, generally through installations connected to internal consumption networks. It allows for the generation of clean energy, cost red...

The share capital can be increased in various ways, depending on whether the financing comes from the company itself or is external to it (internal or external). For the former, the main ways are thro...

The document in which both Assets and Liabilities are recorded is called the Balance Sheet, and to quantify the amount of each of them, we will have to add up the different patrimonial elements that r...

The parties: lender, the financial or banking entity that offers the loan, and the borrower who is the person requesting the loan and who commits to repaying the amount received plus interest. The Amo...

Working capital is an instrument that allows you to assess the short-term liquidity of your company. It is calculated by subtracting Current Assets (goods and rights to be liquidated in the short term...

In addition to keeping accounts and preparing books, you must preserve them for six years from the last entry, even in the case of liquidating the company (in which case the obligation falls on the li...

Any company, regardless of its size, can foster innovation by following these steps: Define clear objectives aligned with the corporate strategy. Continuously improve the organization’s innovat...

To effectively address innovation, it is essential to consider four key aspects: Capabilities: Identify and develop key skills. Structures: Implement systems that facilitate innovation. Strategy: Foc...

Managing innovation is a continuous process that spans from the generation of ideas to their implementation. It consists of conceiving and introducing improvements that positively impact business deve...

A business model is a dynamic tool that shows how a company operates. Designing new viable business models allows companies to grow and survive in a market that demands constant evolution, avoiding fa...

The sustainable success of any organization depends on continuously questioning how its processes, resources, and partners align to maximize the value it offers to its customers. This involves constan...

There are several options such as IGAPE grants, GAIN programs, and Xesgalicia funds. Each has specific requirements and can offer grants or investment. To find out which options best suit your project...

Galicia is strongly committed to sectors such as biotechnology, technology, energy, and innovative industry. There are also opportunities in digitalization and artificial intelligence. If you want to ...

Accelerators offer mentoring, networking, access to investors, resources, and sometimes initial funding. They help accelerate growth and validate the business model. To learn about acceleration opport...

The most common legal forms are the Limited Liability Company (S.L.) and the New Company Limited Liability Company (S.L.N.E.). The choice will depend on factors such as the number of partners and liab...

A startup is an emerging company, generally technology-based, that seeks a scalable and repeatable business model. It differs from traditional companies due to its high growth potential and operating ...

You should create relevant and valuable content for your target audience, such as informative articles, explanatory videos, or social media posts that answer their questions or address their needs. If...

You can measure effectiveness using metrics such as return on investment (ROI), conversion rates, and web traffic analysis. Tools like Google Analytics are useful for this purpose. If you need guidanc...

Digital marketing refers to all the promotional strategies conducted on online platforms, such as social media, email, and search engines. It allows you to reach a broader and more targeted audience. ...

The target audience is the consumers who are most likely to buy your products or services. To define it, you should research the demographic characteristics, interests, and behaviors of your potential...

Marketing is the set of activities that aim to identify, anticipate, and satisfy customer needs. It is important because it helps increase the visibility of your brand and attract new customers. For m...

The obligations incurred by the company are known as Liabilities, and creditors can be commercial or financial depending on the type of debt incurred.

The assets and rights of the company are called Assets and are classified into Non-Current Assets, which will remain in the company beyond the accounting year, and Current Assets, which will become li...

It is a transaction in which a financial institution provides a sum of money, and in exchange, the recipient has the obligation to repay it within a specified period and to pay the agreed-upon commiss...

From the closing of the accounting year, there is a three-month period to prepare the accounts and legalise the books, and from there at least one more month to conduct an audit, if applicable. Within...

Although reference values for ratios are sometimes provided, these do not always need to be taken literally. There are conditioning factors, such as the general economic situation and that of our comp...

The savings depend on the size of the installation and the SME’s consumption, but it is estimated that it can reduce up to 30-50% of the annual electricity bill. Over time, you can recover the i...

Yes, there are currently aids available at both national and regional levels in Spain, as well as European funds supporting the energy transition. These aids can cover everything from the installation...

The main benefits are the reduction of energy costs, thanks to shared purchasing and the possible sale of surplus energy generated. Additionally, they can access specific subsidies and tax deductions ...

The most common energy sources are solar photovoltaic and wind, although in some areas biomass or geothermal energy are also used. The choice depends on the environmental conditions and energy objecti...

An energy community is a group of people, businesses, or institutions that collaborate to generate and manage their own renewable energy. SMEs can join these communities to benefit from shared and eco...

As an SME business owner, you have the duty to keep the company’s accounts, which should be reflected in the Journal and Ledger books, and at the end of the financial year, prepare the financial...

Non é malo que unha empresa dispoña de moita liquidez, pero si que supón un custo de oportunidade importante non ter activos investidos no proceso de produción u noutros elementos que poidan xerar ren...

A evolución do negocio durante un exercicio económico recóllese no documento chamado Conta de Resultados, o cal se estrutura a partir dos diferentes ingresos e gastos que se produciran no exercicio pa...

Unha garantía bancaria é un documento a través do cal un banco adquire o compromiso dun cliente en canto á obriga de facer fronte a un pago. No caso de que este a incumpra, executarase en favor do pre...

Os business angels son unha nova fonte de financiamento externa cuxa achega vai máis aló da propia inversión económica. Son persoas (frecuentemente organizadas en redes) que titorizan un proxecto empr...

O proceso de xestión de talento humano debe ser abordado integralmente como unha filosofía da empresa. Isto quere dicir que os empregados deben ser comprendidos como talentos, é dicir, como compoñente...

Principalmente ten que ver con procesos de contratación demasiado longos, apresurarse, a falta de comunicación ou supoñer que os empregados non abandonarán a empresa. A través da Oficina Económica ofr...

Talent management is a process that includes identifying and attracting new professionals, providing ongoing training and development, and retaining them within the company. In short, it refers to the...

Talent management is a process handled by Human Resources departments. However, it is important that this concept is understood across all areas of a company. A business approach based on talent manag...

It is a process that includes identifying and attracting new professionals, providing continuous training and development, as well as retaining them within the company. It refers to the comprehensive ...

Undoubtedly, every investment requires proper planning. This planning goes through different phases that must answer the following questions: What do I need to improve or start my project? Is it clea...

To avoid potential problems, it’s essential to register your trademarks and patents to protect your intellectual property rights. Also keep in mind that it’s important to establish confide...