Business and Finance Studio

Archive for the ‘Financial Planning’ Category

Following the line of commentator, and that is what has caused this series of articles, today I speak of the importance that companies are located in a place where they have access to all services that may need, and also in an environment which can bring synergies.

Some will say that business schools are a good solution for that, I think so, but that is not what I mean, because I think business schools are more designed to help reduce the need to operate Introduction Infrastructure anywhere in the world, not to put the company in a habitat friend. Others will say that this is being done in cities such as Barcelona, where they bid to create districts such as 22 @, but I think it is rather the logical evolution of traditional industrial areas adapted to the era of knowledge, I speak something else.

I speak here as was clear from that comment that has given rise to this article, the need for companies are situated in locations and services available around. And not in wilderness areas on brownfield sites in the hands of that (say) that is in heaven, or in other districts very technical and very favorable to create synergies as well, but poorly integrated into the city and where to take a coffee, go to the bank or visit the nearest post office can be a real trip.

Every time it happens less, more and more companies are in business parks increasingly better adapted, or sites included in the city (or where the city wide and integrates them) with the benefits this brings, but certainly even is one way to go and it should be noted.

Those early market trading with raw materials brought from various more or less distant points, its appearance caused some crafts that have existed if the rural, are now made with a commercial vocation, not consumption, but for exchange.

This created a synergy that favored the growth and development of cities. Businesses were being created all kinds, usually grouped by guilds, forming streets which were placing each one, we can see traces of this in many of our cities still, preserved in street names such as tanners, trimmings, that not have been as simple tribute to those activities, but often because that was the business in this way.

The growth of cities and their development, even those who were born in another manner, such as military settlements, or administrative cities would not be possible without trade.

We can see that with decreasing parallel trade in a city, this slows down, freezes or may even decrease. Imagine the case of small cities, towns if they want to call, related to roads (national highways) that the development of other infrastructure (highways), have been injured, reducing their business to mere subsistence and personal consumption, which is slowly eroding as well.

This brings me to the next article which will try and trade affect certain policy actions, which are always made with the best intentions, with an eye toward development, but do not produce the same effect everywhere, as in the previous example.

It is elementary to conduct a good sales strategy, but you should never set aside the conditions of collection, as this can undermine your business development.

In many cases we design the best sales techniques to win customers, perhaps you have past sales do the work perfectly and actually lifts the first order, yet can be sold so the euphoria that you forget to set the terms of payment. Incredibly many small and medium enterprises suffer from this disease, the lack of measurement of credits awarded, or simply being lax in the management of the collection, brings severe problems for SMEs, including some large companies.

For that to happen you need to establish simple but important domestic policies that will be able to optimize your accounts receivable system. I detail some of the important measures that could be implemented to address this problem and avoid any serious problems with the finances of the business.

- Basic Rule

The sales process does not end until it becomes, in fact it might already have closed the sale and lifted the order and purchase order or in some cases already has taken the good and the customer has not paid; This situation could avoid putting the rule to receive a 50% deposit, what has been called upon to lift the order and the other 50% to deliver the goods.

In this strategy it would take the offer of a discount of up to 5% for prompt payment or cash.

Many of us aspire to a comfortable life and enough resources to give our families what they need, and a little of what they want too. I was reading this article on Five reasons why people do not become Rico (in English) and I found very interesting. Here are some of these five reasons and my comment. Please sit at home and leave a comment also:

“Wanting to be” As The Joneses “instead of investing their money into assets”

Our humanity makes us always want to have instant gratification. And sometimes we should focus more on maintaining financial growth that have always newer and more expensive. Instead of worrying with the latest fashions, buy the latest models of cars and go every weekend to buy, it would be better to focus on accumulating wealth and power have all these things for cash and without that leads to bankruptcy. To maintain a status of life which can not afford it can lead us to a financial crisis. Read the rest of this entry »

The Revolution of the Products made in China is at its greatest, but you must consider many aspects before venturing.

Have you ever been tempted to join the revolution “Made in China” and Chinese venture to sell products in your country? Well, I’d be lying if I say that the idea was around my head some times. And do not say a bad thing, but definitely be careful with the image you want to show.

What often happens is that the image of “Made in China” is not widely accepted and this is where you should be careful. Read the rest of this entry »

This growth was reflected in an 8% within the franchisee system, and once the crisis is over, or at least in order to be overcome, the authorities predict growth in the subject, assume a further increase of 10%, situation not only announces to remain in the label market, but also a constant source development.

High authorities of the Mexican Franchise Association gave the welcome news that in previous years the business system through franchises in Mexico, resulted in a positive balance, despite the black picture that engulfed the country’s economic outlook. Read the rest of this entry »

* “Do not follow the Pack” comes to using your own criteria and find out enough to make concise decisions. The fact that work for many does not mean that going to work for you.
* “Do what you like” Do not work for money, working with what you like. This will help you feel better as human beings. There is no better job than your full-time hobby.
* “No one gets rich on her salary” All the people who accumulate wealth that they do not expect the next fortnight to collect, they think of accumulating wealth and for that there is only one way: Savings.
* “The moderate, but not stingy” No boats your money, but he learns to find balance in raising you. For example, do not buy a car last year for which the value of a car is reduced by 80% the first year and most of the time changes from one year to another are minimal.

What advice would you give to our loved ones about finances to help them have a better future?

The difficult economic situation taking place in the world affects us and can lead to wrong decisions, leading to a vicious circle in our economy. Here, eight tips to prevent it.

Much has changed since the high-flying days of the late 90s. The stock market is down and does not appear to be in the process of rising. Major companies are dismal and startling ads each week. And the news of layoffs fill the media.

But when it comes to handling the ways of investing, little appears to have changed much. Again, this is for continued attention to common sense, not tempted by the bright flashes had never before heard of, and seem to get rich from the overnight.
Some tips we’ve collected from various specialists, will handle these very turbulent times: Read the rest of this entry »

In this blog we always talk about how important it is to plan expenditures and establish a consistent savings plan. Bankinter has launched a new advisory service for saving, setting targets to achieve medium to long term, we can help in this task is often quite complicated.

This “Personal Financial Planning” offers a customized plan, according to their risk profile, and trying to maximize savings and maximize tax advantages. It also takes into account changes in the life of any person and their diverse financial needs: marriage, buying a home, children, retirement etc.

With these data, we estimate the changes to future revenue, expenses and assets of the client, depending on your current situation and considering three scenarios: pessimistic, optimistic and normal. Then, it is proposed to not only an investment portfolio, but a regular contribution plan that can be adjusted year to year depending on market trends and customer needs. Read the rest of this entry »

Plan is to build a clear and organized to achieve a goal.

Planning your finances is the process of identifying targets for the management of asset and liability flows of money in the medium and long term, and implementing appropriate steps to achieve them, with due professional advice.

Put simply, we start to assess where we are today (economically speaking, assets, liabilities, revenues and expenses), where we are going, and what is more important, where it is heading and how we will.

In Personal Financial Planning, everything revolves around the person and their wants and needs, not including business plans.

It is a process that develops over time, with appropriate modifications as conditions change and the environment. Read the rest of this entry »