Who is required to keep a daily record of the working day?
All workers included in the Workers’ Statute must register their working day, that is, full-time…
Is it necessary to have external support for strategic planning?
It is not essential, but having specialized external support can provide methodology, objective vision, and experience.
What mistakes are most common when planning strategically?
Among the most common errors, the following could be highlighted: developing excessively theoretical plans (such as extensive documents that…
How often should a business strategy be reviewed?
The strategy must be reviewed periodically (at least annually), and whenever relevant changes occur in the environment
Is strategic planning useful for a small business?
Yes. Although traditionally associated with large companies, strategic planning is especially useful for SMEs
What is strategic planning and what is it for?
Strategic planning is a process that allows companies to define their medium and long-term objectives
Leasing vs renting for equipment: key differences
In leasing you acquire an asset with a purchase option at the end, with specific accounting and tax effects. Renting includes maintenance
What are financial covenants?
Covenants are commitments, usually between a bank and a company, to maintain certain ratios and limits in your financing contracts
What is CCR and why does it matter?
The CCR, Risk Information Center of the Bank of Spain, records your debts and guarantees with financial institutions.
How to use confirming to obtain discounts?
Confirming, or supplier advance payment, allows the bank to pay your suppliers earlier while you settle at maturity.
