Subsidies for the hiring of personnel in 2024 As in every fiscal year, the Department of Economy, Finance and Employment of the Community of Madrid, allocates various budget items for the direct granting of subsidies, aimed at promoting the hiring of workers in the different lines. For this fiscal year 2024, lines 2, 3 and…
The benefits of Business consulting consist on a professional service provided to companies by an expert consultant. The objective is to advise on the implementation of improvements in strategies, management, procedures and organization. And in this way help to solve problems that may arise. This expert in business consulting is the one who helps in…
How to improve my company’s cash flow is a question that many entrepreneurs responsibly ask themselves almost daily. To begin with, let’s say that cash management is the ability to adequately control collections and payments. And therefore to improve our company’s cash flow to ensure that we have the necessary funds at the right time.…
To reduce expenses in the company is a way to make it more profitable, improve profits and/or cash flow. And this applies to consolidated companies as well as to a “startup”. Although rising sales is also an option. In fact, it should be the goal of every company. But we will talk about that later.…
The subsidies for the development of young innovative technological companies (Start-up) and innovative SMEs, of the Community of Madrid, pursue a four-fold objective. Firstly, to facilitate the start-up of new innovative technology-based companies with high added value and growth potential. In addition, to promote the growth of new technology-based companies in terms of activity generation…
Financial mistakes of companies are more common than good business practice recommends. Many times decision making mistakes are made that can negatively affect the financial health of the business. That is why adequate Management Control is key to the management of a company. Most common financial mistakes of companies Let’s see what the most…
To pay less taxes in a company is undoubtedly an important part of the management of any business. Therefore, there are strategies that can help reduce them. And this can have a significant impact on the profitability and ability of a business to grow. In this article, we will go over the main strategies you…
Planning the tax and accounting closing for 2023, at this stage of the year, is an important task. Because we are in time to plan the way to reduce the Corporate Tax. There is little time left to close the fiscal year but we can already know more or less how much we will have…
Outsourcing the accounting of a company is a decision that offers advantages especially for SMEs and freelancers. It consists in the transfer of competences of the accounting management from a self-employed professional or a company to an external professional. This outsourcing can be total when the external professional takes care of everything. Or partial, in…
The cash flow of a company refers to its capacity to generate liquidity. And, consequently, to meet the payments that arise. Therefore, it is a key indicator to understand the financial status of a business. It is a very necessary accounting information for the Management Control of a company. And for making decisions about the…