SWOT Analysis: Essential Tool for Strategic Planning of Galician Companies
SWOT analysis, which stands for Strengths, Weaknesses, Opportunities, and Threats, is a tool used in organizations to evaluate competitive position, examine internal and external factors, and develop effective strategic planning. This analysis is designed to provide a realistic view, based on data and facts, of an organization’s strengths and weaknesses, as well as the opportunities […]
Do you know what are the main legal forms of companies in Spain?”
If you’re thinking about starting a business, choosing the legal form of your company is one of the most important decisions. This choice will determine key aspects such as partner liability, required capital, or tax obligations. In Spain, there are almost twenty legal forms, but the six most commonly used are: Individual Entrepreneur (Self-employed) It’s […]
Product Diversification: Strategies to Increase Market Competitiveness
The diversification of products is a fundamental strategy to expand the offer and reach new markets. This process involves broadening the range of products or services of an organization, adapting to market needs or reaching new customers. Proper planning and organization are essential to ensure that diversification aligns with the company’s objectives and enables effective […]
Digital transformation and competitiveness: the future of Galician SMEs
Digital Transformation: A Key to Competitiveness for SMEs in Galicia Digital transformation has become an imperative for SMEs in Galicia and worldwide. In an increasingly competitive and globalized business environment, digitalization is not just an opportunity but an essential factor for the survival and growth of these organizations. In this article, we will analyze how […]
Open Innovation: Collaboration Between Startups and Established Companies in Galicia
Collaboration between startups and companies is a key strategy to boost business development. Startups are newly established initiatives with innovative and scalable business models, often using advanced technologies to solve problems disruptively. On the other hand, established companies see these collaborations as an opportunity to access technological innovations, new markets, and emerging trends. Corporate Venturing […]
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 your SME’s competitiveness through digitalization and operational improvements in processes and services, and how the Economic Office of Galicia can help you.
In an increasingly volatile, uncertain, complex and ambiguous market, companies face constant challenges to be competitive and grow sustainably. The key to their success, to a large extent, lies in the ability to adapt to changes and optimize their operations through the adoption of technological solutions, data analysis and process control, or reorganization and pursuit […]
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. […]
