What common mistakes should companies avoid in their internal communication?
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which leads to confusion; improper use of communication channels, such as excessive emails; lack of employee feedback; outdated or inaccessible information; and misalignment between internal communication and the company’s values and objectives. Through the Economic Office, we offer free advisory services. You just need […]
How can a company foster effective internal communication?
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, implementing digital tools, and conducting audits or periodic reviews of results.
What are the most effective tools to improve internal communication?
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 platforms (Slack, Microsoft Teams). Internal newsletters or corporate bulletins. Intranets and internal portals. Regular meetings and informal gatherings. Satisfaction surveys and suggestion boxes. Through the Economic […]
Why is internal communication important in a company?
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 productivity. Good communication reduces misunderstandings and strengthens organizational culture. Through the Economic Office, we offer free advisory services. You just need to request it through our […]
What factors influence the interpretation of financial ratios, and where can you find comparative data?
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 your company that may justify results that don’t initially match those benchmarks. In general, these conditions and other references, such as trends over time or […]
How do I calculate my company’s Net Profit, and how do financial results and tax payments affect it?
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 year. Don’t hesitate, request advice from our experts.
What are the limits on overtime hours that my employees can work?
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 type of work shift (night workers are also not allowed to work overtime). Don’t hesitate, request advice from our experts.
What financing options do I have without resorting to loans or credit?
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 by the company itself. Among these, amortization funds stand out, which involve accumulating capital to offset the depreciation of an asset over time (for […]
I had a cash surplus, how can I make it profitable?
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 exchange for a discount. If you prefer to invest it externally, you always have common options such as creating investment funds or managed […]
What are the essential elements in a digital transformation strategy?
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 using technology tailored to tasks. Don’t hesitate to request advice from our experts.
