What is VAT?

The Value Added Tax (VAT) is an indirect tax that falls on the production of companies and, therefore, on the purchase of products by the consumer. We say that the concept of VAT is indirect because it is not received directly by the taxpayer -as it happens with other types of taxes- but by the … Read more

What is business vision?

In business terms, the definition of vision refers to the goals and purposes that a company sets itself and that it hopes to achieve in the future. It consists of an ideal expectation, which shows the approach of what they want to be and achieve over time. The objectives set by any business must be … Read more

What is the change in inventories?

The meaning of inventory variation in accounting is the difference between the stocks (mercaderías, materials and other supplies) at the beginning of an accounting year and those that exist at the end of that year. In some way it deals with analyzing the variation of the inventory that a company has in its warehouse. Inventories … Read more

What is virality?

When we speak of virality, we are referring to a mode of indirect transmission of information over the Internet. The characteristic of virality is that transmissions multiply in a short space of time. Content virality Such virality is based on the fact that the recipients of the information can in turn transmit it to their … Read more

What are VPOs?

The acronym VPO is normally used in the real estate market to refer to a type of housing that has public protection, and, as such, are subject to limitations regarding their price. In general terms, they are partially subsidized by the State or the territorial administration in question. What are Official Protection Housing? The acronym … Read more

What is the Laffer Curve?

The Laffer curve is a representation of what it means to implement a impuesto and the level of collection or income obtained through it. It is a concept of the economist Arthur Laffer (in 1980) who, during the presidency of Ronald Reagan, advised that it would allow freeing the individual initiative of the population. What … Read more

What are deferred liabilities?

Did you know that when a natural or legal person receives certain income in advance for the provision of a future service, they are obliged to issue deferred liabilities? Indeed, the concept of deferred liability is quite common in installment sales in the business context or in advance payments between lessors and lessees. All the … Read more

What is leverage?

In the economic sphere, the definition of leverage is the strategy used to increase the profits and losses of an investment. Through credits, fixed costs or another tool at the time of investment, facilitate the growth of the profitability final, which can be positive or negative. It should be clarified that a higher degree of … Read more

What is logistics?

The concept of logistics encompasses the different operations carried out to ensure that an article reaches the consumer from the point where the materials, going through other phases such as the place of production. The definition of logistics is closely linked to the actions of storage, transport and distribution of market goods. The logistics operation … Read more