Is there any regulation that promotes the circular economy?
At the European, national, and regional levels, there are regulations and strategies that promote this transition and offer incentives for companies.
Is it feasible to apply the circular economy in SMEs as well?
The implementation of the circular economy is not exclusive to large corporations. SMEs can also apply it successfully.
Which sectors have the greatest potential to apply the circular economy?
The circular economy can be applied in practically all sectors, such as the **textile** industry, through sustainable fashion and fabric recycling.
What steps can SMEs take to successfully implement the circular economy in their business models?
SMEs can move toward a circular model by adopting practical measures such as redesigning products and services.
What is the circular economy?
Instead of producing, using, and discarding, the circular economy focuses on reusing, repairing, recycling, and giving new uses to materials.
How long must companies keep working time records?
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 hesitate to request advice from our experts.
What should I take into account when interpreting the ratios obtained from my financial analysis?
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 justify results that, at first glance, don’t match those standard values. In general, these factors should be taken into account, along with other benchmarks such as […]
How do I calculate my company’s Net Profit, and how do the financial result and tax payments affect it?
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 year. Through the Oficina Económica, we offer free advisory services. You just need to request them using our online form.
What are the consequences of not complying with working time registration?
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 of proper records can make it difficult for the company to defend itself in the event of employee claims. Don’t hesitate to request […]
What information must be included in the working time record?
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. Format accessible to employees and labor authorities in case of inspection. Don’t hesitate to request advice from our experts.
