Ruiz Fernandez Business Services

  • Don’t Only Work Hard, Be Also S.M.A.R.T!

    You wake up in the morning determined to start a brand-new day. Your business requires your immediate attention in all areas: providing services or delivering goods to your existing customers, finding new customers, pay to suppliers, administrative work, developing new products… The moment you realise, it’s time to call it a day, have dinner, spend Read more

  • Value-added Tax (VAT)

    When I check social media, I hear often freelancers or small businesses complaining about having to pay the VAT they charge to their customers. In countries like in Spain, from the moment you start a business, you’re obliged to collect this tax to your customers and pay it to the tax authorities. In other countries, Read more

  • What is ROI?

    You have a pool of available funds that don’t require an immediate use in the company. Then you decide to invest it and you look at different options in the market: stocks, deposits, bonds, a new machine, a computer, a building… It doesn’t matter, the most important is that it meets the definition of an Read more

  • Assets

    Imagine for a minute that your business is reaching its maximum production capacity. Profits are higher than ever and you can’t satisfy the demand of your product. Another example. You want to travel all around the world. Therefore you decide to learn a new language. Or maybe you develop a new computer software that can Read more

  • Understanding bad expenses and bad debt

    Thanks to the earnings of our company, we may have the desire to buy something that makes us feel good. Maybe a new car or a house, because our family is growing, or that fancy mobile phone that takes high quality pictures and go on holidays to the most remote location on Earth. Sometimes, when Read more

  • Compound interest

    When we’re watching or reading the news, we often hear about inflation hitting -once again- the consumer price index and increasing the cost of living. Also, when we ask for a loan, we need to pay a certain interest for it. If we own some stocks or government bonds, we might receive also a percentage Read more