Economy and Business Votes

Archive for the ‘Economy’ Category

In previous posts we’ve been looking at different concepts related to economic, have even appeared different economic system as capitalism. But when discussing the economy there is a problem, unless we know which are the basic concept can misunderstand the articles on this topic or any other related text.

In this way, we’re using the blog posts that capitalism is an economic system, but we should also know that is an economic system to better understand what it takes to be a country and a capitalist society.

We know that an economic system is a mechanism that organizes the production, distribution and consumption goods and services in a particular social organization or society.

But the economic system concept can be understood in a more global, when we talk about global economic system. In this case would be the organization of the interactions between different economic agents in various countries or nations. Read the rest of this entry »

We often read or hear about current topics and always appear the word capitalism, or capitalist. These are words that we do not know what can lead us to lose the thread of the context in which it develops the theme. To clarify more curious minds, I willing today to find some things on this end so that the next time you read or listen to something related to the term capitalism, you can draw your own conclusions.

Capitalism is an economic system that is based mainly in the capital and understands this as an engine of an economy in which those involved (companies, workers) produce to get the most benefit. Also be called capitalist society in a country whose economic system is based primarily on capitalism. We can thus see that capitalism encompasses various topics, you can even call a capitalist person if their ideals are centered in the way we produce and earn money.

We will not enter into the question of whether capitalism is good or bad. For now that is something that no one can decide, it is a system more, which like all systems, implemented a radical can have its consequences.

Currently, we can say that most Western countries maintain this economic system, this has influenced the way Western ideology, creating around him a way of thinking essential to maintain the economy of a country. Read the rest of this entry »

Now I would like to continue talking about the economy. This is something that I proposed this week to finish to understand with all who read this blog, the basic concepts related to the economy. This is an exercise of collective understanding, an exercise to dive into the language of the economy.

In another article I tried to explain things over tertiary economic activity, and why I started with the tertiary education? the truth is that I do not know. Always and tended to start all the way around, I guess this contradictory trend has affected my way of dealing with posts, I guess.

As I was saying, if you look in any dictionary of economics tell us that the tertiary economic activity consists of those who are dedicated purely to the extraction of natural resources, whether for consumption or for marketing. Among them are several examples: agriculture, livestock, timber and commercial fishing, mining, etc. ..

In this modern world we live in, we went from having a balance between production and consumption have different economic policies that directly affect the production of goods rather than services. The first world countries mainly U.S. and Europe, have another role in the international market of production and consumption. We have become consumer countries against other countries that are developing and industrializing take some years. That has made them take control of the export market. Read the rest of this entry »

The value added tax when they categorize as Creditable VAT is the tax that companies or taxpayers pay their suppliers of raw materials or for any service you hire and that is subject to this tax.

In a more simple the Creditable VAT is the tax you paid at once you made any purchases or services, whose values can be used immediately to file your return every two months for payment of VAT.

The Creditable VAT must be sustained in the period following the declaration to be submitted, otherwise if the company accounting records but not recorded in the bi-monthly reporting form can not be discounted in other statements.

Otherwise it is if for some reason did not register a bill of sale or payment of any service, in this case the movement can be recorded in the following period and performs the respective Creditable VAT deduction in submitting the tax.

Is not clear that all other concepts are to be submitted Iva media accounting for all amounts can be credited as truthful and not have any kind of inconvenience in the event of an audit. Read the rest of this entry »

People who are dependent on a job or work, must pay income tax, deductions depend on the money received. No dependent worker saved the government imposed to remove the proceeds.

The income tax is deducted from net income and not gross, but there are some exceptions such as interest on loans to employees, compensation for death, illness or accident disability, family allowances, etc.

The income tax is levied only after a certain amount monthly, and all depends on the laws of each country.

It is important to clarify that employers are responsible for the clearance of Gains Tax on their employees and make the corresponding payment to the Treasury.

To calculate the value of the income tax, is something that should be out by the laws of each country as well if natural or legal person. Upon completion of the total calculation, deductions must be deducted which is the employee as a contribution for retirement, retirement, insurance premiums, etc. Read the rest of this entry »

On many occasions some time ago I was wondering what you really mean level of wealth or poverty of a nation and dispel this question as the definition of Per Capita Income.

The percapita income is then determined by a close relationship between the income that has a nation during a period of time divided by what it receives on average each person in the country.

The amount of the sample to set the per capita income can be assessed between different types such as businesses, organizations, families or as mentioned above individually.

The study of per capita income is vital to assess the actual inputs received by a person on average in a time that is established in general is evaluated in a period of 12 months.

Thus establishing how this money is actually subsisting population, per capita income will estimate then simply dividing total national income among the population (total population).

Per Capita Income can also be used to establish the degree of development among different nations, determining the degree of rise and projected to reach certain goals. Read the rest of this entry »

To explain this concept simply echo the words that one day a friend told me “Fiar Not Sell” in a way this phrase is very true, because many companies are virtually bankrupt by the mismanagement of the loans granted customers, but if this is your case you can still use the Financial Factoring.

Perhaps for many people the term Financial Factoring may be new but is already being used by various financial institutions, through which you can offer pending bills receivable in your business.

The entity through which you are interested in making Financial Factoring assess the types of customers that you offer for sale through its accounts receivable, after conducting a detailed study makes an offer to buy their bills.

As expected the bank offers a lower value than that really adds up all of your bills, it’s his decision if he submits to accept the price you set for Financial Factoring.

This strategy is used mostly by companies that are in urgent need of capital and need to solve them in any way, the process of Financial Factoring find it ideal as the bank will disburse the money quickly, with the possibility of capitalizing the company immediately. Read the rest of this entry »

This phrase of Antonio Machado should be a fundamental maxim for all investors.

Imagine you are an entrepreneur and has € 1,962,374. With the capital decided to create a pharmaceutical company. Buy a plant with machinery and pay for it € 2,485,033. To repay the facility and start business activity, request a long-term loan amounting to € 884,966 and a short-term credit € 423,632.

The capital credit available as we use it to start production and end of year there are 112,377 euros in inventory, receivables outstanding € 378,573 and € 294,990 current account.

At year end, the book value of the company is € 1,962,374, ie, if we pay our debts and sell assets we would be this amount as equity.

The business has generated revenue of € 1,036,814 and an operating profit EBITDA (EBITDA is a financial indicator is represented by an English acronym for “Earnings Before Interest, Taxes, Depreciation and Amortization.” From The Income Statement or State Income of a company) of 306,000 EUR. The turnover margin is above 30%. Net debt owed after subtracting cash amounts to a total of 686,900 euros, ie 2.24 times operating profit. Read the rest of this entry »

Bernanke in a speech recounted the following historical anecdote:

Lincoln thought that he cared about people was to be happy, and showing this position to a friend walked in a carriage when they saw a pig stuck in the mud. The president asked them to stop the carriage and got out. In the middle of the rain, slipped in the mud and took out the pig by putting it to safety. When totally muddy, Lincoln climbed back into the carriage, his traveling companion told him that time was perfect to ruin that theory that people always seek only to maximize their happiness. “Absolutely” was the answer I gave Lincoln-”I’ve done is perfectly consistent with my theory. If I had not saved the pig, I would have felt terrible. “

It seems that for the second time in 2010-and hopefully last-Europe will have to come to the rescue but, so far, not one of the “pigs” Latinos, but a Saxon orbit country: Ireland. And voluntarily, as Lincoln, and I suspect for the same reason, as the bailout is very important to the happiness of those who provide “aid” because they want to subtract stress the rest of Europe. Read the rest of this entry »

We are experiencing a major economic transformations of recent history of our country. A financial crisis origin that incorporates facts that we have never lived, and has reached fully developed economies in the world and has been extended to developing countries. A crisis that has caused distrust and lack of liquidity, thus affecting economic activity and consumption and causing serious consequences in the labor market, with high levels of unemployment.

These global factors, the analysis of the Spanish case incorporates three features that set it apart:
The intense and sharp adjustment in residential construction, the continuous increase of the labor force and double its labor market. Read the rest of this entry »