The importance of digitization and innovation in companies
Digitalisation has become an essential tool for companies seeking to adapt to current challenges and stand out in their sectors. But why is taking this step towards digital transformation so relevant? Below, we explore the main reasons and advantages of digitalising your business. Digitalisation is not just a trend, but a necessity for companies looking […]
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 […]
Boost your company’s competitiveness with advice in the area of people
In a constantly changing business environment, adapting to new market needs is not just a challenge, but an opportunity to grow. Human talent is undoubtedly the main driver of companies, and knowing how to manage it properly can make the difference between negative results or standing out in a competitive environment. From the Economic Office […]
Debt Deferment with the Tax Agency: A Solution for Business Cash Flow Tensions
There are months that are critical for cash flow, producing tensions that make it difficult to meet payment commitments. An alternative to deal with these situations is to request deferments of debts with the Public Administration because of tax filing, which allows gaining a bit more time. Debt deferment with the Tax Agency is a […]
Circular economy: A competitive advantage for SMEs
The traditional economic model, based on extracting resources, producing, consuming, and discarding, is reaching its limit. This linear system is causing problems such as the overexploitation of natural resources and the accumulation of waste and exacerbates global challenges like climate change and biodiversity loss. In this context, the circular economy presents itself as a sustainable […]
