Ruiz Fernandez Business Services

  • Is Accounting Just Administration Work?

    Is Accounting Just Administration Work?

    When I ask people what they think what accountants do, they usually respond with things such as recording or issuing invoices, making payments, or presenting taxes. The funny thing is when some say “anybody could do it. I did the accounting of my own business, but I hired an accountant to save time”. Accounting, unfortunately, Read more

  • Pay Right and in Time, but Don’t Pay Twice

    Imagine that you run a department like Accounts Payable. You hire more or less the right number of people. They focus on processing invoices. You pay suppliers more or less in time. From time to time minor issues occur, but your suppliers are happy in general. Time later, the company, like any other business, goes Read more

  • Never Look at One Single Ratio

    “This year we have grown 20% of sales compared to the previous year and we hit the 2 billion euro in revenue!”. I’m sure you have heard of this several times in one way to another. Companies that celebrate they made more sales, kept expenses under control or expanded to new markets. This sounds as Read more

  • Forgetting Working Capital

    On Linkedin (and not on Linkedin), I read and listen to complaints about how companies in general don’t pay Finance enough level of attention In my professional experience, I can say that in general, this is a true statement.  It doesn’t mean of course that there isn’t a single organisation that doesn’t want to control Read more

  • Administration Failure

    The other day I had a conversation with a person who explained to me that in her work they had a billing issue. I asked if the business was not making enough sales. On the contrary, apparently, they had more than enough work to safe the business in the short term. What was the problem Read more

  • What is your excuse?

    Yes, what is your excuse? Why didn’t you start that company yet? Very busy? Lack of money? Nonsense! Stop looking for excuses and get your a** moved! I’m sure you’ve heard that a lot during this time, especially on the internet, where a bunch of so called “experts” claim that if you haven’t started your Read more