The importance of customer loyalty: Key factors for success in Galician commerce.
Customer loyalty is an essential process for any business looking to thrive in the long term. It not only helps maintain a solid relationship with consumers, but also strengthens the brand against competition. Getting customers to continue betting on us, buy frequently, and recommend our products or services is a more profitable strategy than constantly […]
How to improve the competitiveness of your SME through digitalization and operational improvements in processes and services, and how the Galician Economic Office can help me
In an increasingly volatile, uncertain, complex, and ambiguous market, companies face constant challenges to remain competitive and grow sustainably. The key to their success largely lies in the ability to adapt to changes and optimize their operations through the adoption of technological solutions, data analysis, process control, or through reorganization and the pursuit of operational […]
Do you know what the main labor obligations are for companies?
Companies in Spain are subject to a series of legal obligations aimed at ensuring a fair, safe, and equitable work environment. These regulations not only protect workers’ rights but also contribute to the proper functioning and social cohesion within the workplace. Complying with these labor obligations not only responds to a legal mandate but also […]
Amortization: The key to knowing the real value of your assets and debts.
Do You Know the True Value of Your Assets and Liabilities? Do you know how long you will have them? Amortisation is the method we use to answer these questions. Amortisation is a term we frequently use, which can create confusion when referring, for example, to the amortisation of an asset or a loan. […]
Rapid prototyping: how to validate product ideas before launch in the Galician market
Validating an idea before launching it into the market is not just a strategic step, but a necessity to stand out in an environment where authentic value and local connection can make the difference. Rapid prototyping allows us to move forward intelligently, testing, learning, and adapting without wasting resources. To guide this process, we’ll follow […]
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 […]
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 […]
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, […]
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 […]
Business valuation: key to understanding the health of your business
The health status of our company is one of the topics that interests us the most. By health status, we refer to the ability of our business to meet its fiscal and commercial obligations, etc., in addition to being able to provide the necessary resources to achieve stability and growth. A good method to understand […]
