Optimizing operations: How to reduce costs and increase productivity in your SME, and how the Galician economic office can help you
In the current business context, SMEs face constant challenges to remain competitive, such as rising operational costs, demand fluctuations, and the need to offer quality service in an increasingly demanding market. Operations optimisation presents itself as a strategic solution to overcome these challenges, allowing cost reduction, productivity increase, and business sustainability. This article offers a […]
Lorenzana emphasizes that the new line of access to credit for the self-employed and SMEs will facilitate access to financing for more than a thousand companies
The Xunta increases the budget for this year’s 2025 call to 19 million euros, which could put around 150M€ into circulation In the last 5 years, over 4,900 Galician SMEs and self-employed individuals have received these aids, mobilizing a total amount of 389 M€ Santiago de Compostela, January 23, 2024 The Minister of Economy and […]
Complying with the Anti-Fraud Law: an opportunity to digitise your business
The Anti-Fraud Law 11/2021 marks a turning point in the invoicing processes for self-employed and SMEs. This regulation, designed to prevent tax fraud and modernise administrative management, establishes new requirements for invoicing systems. Among the most important points, it highlights the prohibition of dual-use software and the mandatory use of approved tools that ensure the […]
Boost your business: how to measure and optimise productivity for success
Productivity has increasingly become a key factor in determining an organisation’s success. Although it is often associated with sales volume or team size, these indicators can be misleading if not analysed in the proper context. Measuring productivity effectively involves much more than observing superficial numbers; it requires the use of specific performance indicators that reflect […]
Energy Savings Certificates: a key tool for business sustainability
Energy efficiency is not only essential for cost reduction but also reinforces companies’ commitment to sustainability. Energy Savings Certificates (CAE) have become a practical and effective mechanism that allows businesses to recover part of their investment in actions aimed at improving their energy efficiency while aligning with environmental objectives. One of the great advantages of […]
Industry 4.0 in Galicia: Digital transformation and opportunities for businesses
Industry 4.0 has arrived to revolutionise the way we produce, operate and interact in the business world. It integrates new technologies and digitalises industrial processes, boosting efficiency, sustainability and innovation. In Galicia, this transformation is gaining momentum thanks to the Galicia Industry 4.0 Competitiveness Agenda, promoted by the Xunta, which seeks to enhance technological adaptation […]
Lorenzana announces that, for the first time, Igape grants for SMEs and self-employed will be available from January, with nearly €173M
A total of 15 funding lines will be published in the Official Journal of Galicia (DOG) on 13 and 14 January The aim is to help businesses plan their financing needs in advance and be aware of the public support available to them Among the support to be announced are loans to encourage business consolidation, […]
Keys to successful bank negotiation: Managing trust and company’s payment capacity
To conduct a successful bank negotiation, we must be aware of our company’s financial problems, knowing that sometimes high sales volume doesn’t necessarily mean our company is doing well. Issues such as poor financial planning, expense austerity, inefficient management control, etc., can be masked. The bank is a necessary provider, sometimes becoming a strategic PARTNER, […]
Lorenzana announces €14M in grants to boost innovation and digitalization of Galicia’s productive fabric
As a novelty, these grants include over €10 million to promote the use of Artificial Intelligence (AI) in companies She insists on the importance of continuing to support companies that want to keep growing in the Community Cerdedo-Cotobade (Pontevedra), January 9, 2025 The Minister of Economy and Industry, María Jesús Lorenzana, announced today that the […]
Sustainability and competitiveness: an essential pairing for SMEs
In a world increasingly aware of the environmental and social impact of business activities, sustainability has become a key factor for SME competitiveness. This article will address the importance of integrating sustainable practices into SME operations, highlighting not only the economic benefits but also the improvement in corporate reputation and compliance with environmental regulations. It […]
