Economy and Business Info

Posts Tagged ‘entrepreneurs’

The chair of the organizing committee of the First International Conference on Leadership and Management, Orderable Semen, reported that everything is ready for an event that seeks to train and upgrade human resources in the various sectors of the region. Executives, entrepreneurs, managers, HR professionals, Systems and Marketing, consultants and general practitioners will have the opportunity to participate in this activity, which was first held in Ciudad Guyana. According Terrible said this is a business education event, managerial and professional looking institutionalized each year to promote the city and in general the state as space maker for the analysis, debate and presentation of issues pertaining to future development. “We must go hand in hand with advances in technology, because if we fall behind.

We consider it very timely implementation of this conference, so we are doing this every year, this is the business sector’s contribution to the region,” said. Congress is divided into four main areas: People, Technology, Organization and Marketing, all related to the subject of Management. Other guests include speakers from Brazil, Peru, Ecuador, Colombia, Argentina, Dominican Republic and the United States. Although it was estimated the participation of about 500 people, the employer reported that expectations have been exceeded and expect between 800 and 100 attendees during the two day event, whose investment is close to a million Bolivar’s.

Companies participating in this International Congress of Leadership and Management have the opportunity to present it as investment project for compliance with the Law on Science, Technology and Innovation (Loci). In addition to the conference will also feature an exhibition of stands by some companies as Resort Mining, Microsoft, HP and Renovo, so that it can produce an interesting trade, industrial and technological development. The tickets are on sale at the headquarters of FEDECAMARAS Bolivar Royal Tower. Floor 2 office 1-B, with special prices for students and academics. The investment includes snacks, support materials and attendance certificate.

The value of the company is an indicator that the vast majority of cases, employers tend to forget and only remember him when they have to sell your company or someone makes them an offer to buy it. However, the value of the company expresses many things and can be used to measure the actions taken in the company, at a given time and their influence on it.
The other myth is that the value of the company is a metric that can only be used by large employers. Quite the contrary, it is a tool that can be used by all employers, regardless of company size and industry in which it operates.
There are many ways to calculate the value of a company from a very simple as multiplying the sales or net income by a multiple, as the most complex, involving the need to make projections for five or 10 years depending on the amount of data that have and how sophisticated the same business area.
The important thing is to be clear that as is necessary to do appraisals for any property that you have, and keep these updated valuations, entrepreneurs, business owners and shareholders must be clear of the value of their companies, at any time, and maintain updated it.
This can be done internally, as a function over the company’s CFO, and / or hire a professional in the field, which can be impartial and objective at the time of the different formulas to measure the value of company.
Before starting any process of valuation, of any size, it is necessary to obtain historical information of the company, so this is the foundation for building the future. Once this historical information is worked, there should be forward-looking building. This historical information should be supplemented with plans for short, medium and long term that the company has, as well as an analysis of the economic situation in the area of influence of the company. Despite the good economic times of the Republic of Panama, is not the same have a Super Mini in Puerto Argüelles, where the local economy is depressed, a mini Super in Chorea, with a growing population, changing and improving economically.
The simpler is the company and its books, the faster will be the projection process, however, if accounting is complicated, the construction of the projections is also complicated, requiring more time for construction.
The important thing in any case, is that your company has accounting, since without it is impossible to make a valuation and will do the accounting necessary first to start the process (and do not think this is unusual, in my years as a consultant Financial, we have found different types of companies whose records do not exist, or leaves much to be desired).
Do not worry if it is a medium or large company, and has no CFO. You may have this function in your company through an outsourcing service, without any trauma, as we understand that for many businesses, having an accounting department or accountant make them meaningful and financially viable, while hire someone in finance represents a strong brew. For this, we provide outsourcing services, which would be the first step for their accounts to another level, and to learn to make strategic decisions with a little more ill give us a higher GDP more healthy and stable.

Although for many entrepreneurs the high exchange rate is the umbilical cord of profitability, economists agree that there are other macroeconomic tools to fall back row instead of resort to devaluation, which will end up devouring wages. Facilitating access to credit, institutional strengthening and modernization of industries are some of the notions that would help foster competition in this context of high inflation and a stable dollar.

To begin, analysts demolished the myth of the overvalued exchange rate, while strengthening the certainty of what an important change in the dollar’s value further bleeding end pockets.

According to the Center of Regional Economics and Experimental (CERX), “the current exchange rate remains competitive. The acceleration of inflation that took Argentina’s economy over the past 3 ½ years reduced the exchange rate advantage gained with the devaluation, but not deleted. “And they claim that the real exchange rate remains 23% higher than it had in 2001.

However, why, if the exchange rate is more competitive than in the ’90s, the companies show similar or greater difficulties to which they were in those years? According to the petition of CERX, the problem is simple: the real exchange rate declined 40.5% compared to the current value in the period 2002-2006. In contrast, production costs sustained increases since 2002. Wage increases, changes in raw material prices and increasing the tax burden put together a combo in which the dollar at $ 3.9 is insufficient for the current productive structure (see graphics).

“The problem we have today in terms of competitiveness in the movie of recent years and not in the current photo. Not so much of the nominal exchange rate is nearly twice as real, but what happens to the prices that are twice the rate of devaluation, “says economist Dante Sic, the consultant Abaci. Y specifies, “The issue is not to devalue, because the characteristics of the Argentine market, any move to price movement and the devaluation effect is lost.”

Other analysts also reject the use of blowing up the American currency. “When reviewing the experiences of countries more competitive, which is observed is that they succeed by appealing to other factors beyond the exchange rate”, says Ricardo Delgado, Analytical. The example chosen is Brazil. “Despite having a low exchange rate has a strong growth of industrial imports. This is possible because it has long-term policies, sect oral regimes have subsidized and allowed to jump to various industries, and, Of course, we must take into account the scale factor, the size of the domestic market. “

In this line CERX mentions a central figure: the real exchange rate of Argentina in relation to Brazil country that is 20% of our exports is still 109% more competitive than it was in 2001. The same applies to other major trading partners like the United States, China, and even today devalued the European Union.

During the days 19 and May 20 were held in Granada the conference “How to design a job search strategy,” organized by the Faculty of Education at the University of Granada and for young people of various degrees of Educational Sciences. The aim of this conference, held annually, is to introduce students to the various options for integration into the labor market. These conferences have included workshops to provide tools and skills in job seeking and organizing information booths at both salaried employments, as in self employment.

Miguel Angel Olivarez male, vocal FAECTA-Granada, and Fatima Garcia, provincial director, attended along with representatives of other entities on the table “self-employment” where the participants provided information on cooperatives and their operation. Also presented to the cooperative enterprise as an option for the creation of jobs within the enterprise group and explained the career opportunities for young people who end their career and training in the field of education.

The event also was informed of Children Schools Project Network of Social Economy, in order to obtain the support of entrepreneurs and entrepreneurial to the project and encourage young people to create new cooperatives in this sector.