Finance Information

It is essential that SMEs know they have the support and resources when embarking on Home exports has highlighted the growing importance of export is achieved in the economy of Castilla-La Mancha as an essential factor in the output of the crisis

Spain, June 18, 2013 – The Minister of Employment and the Economy of Castilla-La Mancha, Home Carmen said that the Government of Castilla-La Mancha working to ensure that the companies in our region have access to new financial resources that successfully tackle internationalization.

Following the signing of a cooperation agreement with the Spanish Company Development Finance (COFIDES), through its president, Salvador Marin, Home stated that the Government of Castilla-La Mancha is very clear that one of the priorities economic recovery and the productive fabric of the region, passes through the internationalization of their businesses. So, has emphasized that spare no effort or resources to achieve this end. We know that the more companies to export Castilla-La Mancha will be better for our economy and creating jobs.

In this regard, he explained that this agreement will be a useful tool for our business, especially in a time when we are aware that many are experiencing financial problems. In this way, clarified that this agreement will serve to support our business with all the possibilities available to us and will be essential to generate greater economic activity and accelerate economic recovery.

The minister also said that this agreement is particularly aimed at supporting small and medium enterprises in the region, which are the basis of the business of Castilla-La Mancha. Therefore, he pointed out that it is very important that SMEs know they have the support and resources when embarking on export. They know that we have by his side in all their needs at the time of export

Home has highlighted the growing importance of export is achieved in the economy of Castilla-La Mancha. He indicated that in 2012, exports of enterprises in Castilla-La Mancha increased by 8.6% year on year to reach 4.356 million euros, and have increased by 16% the number of exporting companies to reach figure of 4439.

The Minister also highlighted the opportunity offered by this collaboration agreement with COFIDES to businesses in our region, the company to be the leader in the internationalization support, and be a guarantee of success in the viability of export operations, because it has different types of services and support lines adapted to the needs of business.

The event was attended also CEO Economic Strategy and European Affairs, Teresa Jimenez, director of IPEX, Angel Prieto, the CEO of ICEX, Pedro Morejon, and representatives of Banco Santander and Banco Sabadell, as a shareholder of public-private company, which has 1,400 million euro budget to provide resources to SMEs in their expansion.

Finally, it is noted that COFIDES is a public-private partnership that provides financial support to both investments by Spanish companies abroad, as management FIEX (Fund for Foreign Investment) and FONPYME (Fund Foreign Operations of Small and Medium Enterprises).

Press Contact: Consejeria de Empleo y Economia Media Relations Consejeria de Empleo y Economia Address: Avda Ireland No 14 512-212-1139 http://www.castillalamancha.es/gobierno/empleoyeconomia

The secrets to financial success are finally at your fingertips! No longer will you have to wonder about how other people do it. No longer will you have to deal with financial failure time and time again.

Read this article and find out the keys to financial success!

Secret to Financial Success # 1: Make Sound Decisions.

Hasty decision making rarely ever does anybody any good. It robs you of the ability to look at a situation sensibly.

If a genie were to suddenly appear before you offering three wishes but under a time limit, you would probably end up wishing for something that will only make you happy short-term, like a million dollars perhaps.

But if you had all the time in the world to think of what to wish for, you would be able to ask for something that could sustain you for a lifetime.

Secret to Financial Success # 2: Dont Put All Your Eggs in One Basket.

One of the keys to financial success is to invest wisely. There have been far too many stories of people putting their savings or their retirement money on the line for a chance to win big in the stock exchange market, or in a business that promises huge returns.

It’s a fact that nothing in this life is certain. A good hunch is still a hunch. Im not discouraging you from following your instinct. But make sure you dip your feet into the pool first instead of jumping right in.

Secret to Financial Success # 3: Manage Debts Properly.

Debts can very easily pull you down if you are not careful with your planning and decisions. But not all debts are bad.

In fact, credit card debts can be a good thing because you can pay for things without having to shed money immediately, and instead have that money earning interest in the bank for the time being. Plus you get to earn some points! Just remember to pay them when they’re due.

These secrets to financial success have been used time and time again by individuals who want to expand their wealth. You dont necessarily have to have a lot of money to begin with in order for you to win it big in life.

You only need to use your common sense. Dont decide on anything without even doing proper research. Dont bet all your money on one horse and manage your debts properly.

What Would You Like To Do With Your Extra Money?
Acquire degree from international country?
Memorable Holiday Getaway?
Procure A Most Happening Property?
Boost up Your Lifestyle, Drastically?
Commence A Most Profitable Business?
Improvise Living style Of Your Family, Children and Relatives?
Actualize a pleasurable Retired Life?
Probably you may do all of these or may be most of them. So this is how we do financial planning in India. We make a wish list and then gradually we tries to accomplish each of them with extra money.
Process of managing your money smartly with the intention to acquire your financial goals and wishes is called as financial planning. Its a long process that involves lot of time, patience and wise decision making skills. In other words, financial planning is the procedure of categorizing and judging your economical aspirations, making a priority list of them and finally accomplishing these goals on the basis of priority with a comprehensible, centered and a tailored financial strategy. Proven Financial Planning can assist in achieving better wealth and financial protection as well, whereas unproven or inappropriate set of plans can be catastrophic to your financial health.
Let us understand the concept of Financial Planning in India with example, suppose you are suffering from a mild fever. What you will do? Most probably you will take a self prescribed medicine. But when you did not get relief from self prescribe medicine, most probably you would discuss it with your colleagues, neighbors and friends. They again will suggest you some pill and say this one is a good medicine you will get instant relief and so on. Now you will buy same medicine and eat it. Even now you are not able recover and it persists you may go to the local pharmacist and seek his advice and ask him to prescribe some stronger drug. But what if it prolongs still? Not only mild fever, but other impediments begin arising to you? Now finally you will give up and will go to an experienced doctor. You might get to see a magic by eating only one dose of Doctor. Hence the moral of story is maybe if you had visited to the doctor in the initial phase of your sickness when you were suffering from only mild fever, in place of being in poor health for one week your health might have recovered better within just 2 days.
In the same way, looking for the financial solution and services of a certified Financial Planner is just the same. But people in India yet inquire about disease and look for advice from the druggist and chemist equivalent to agent, or a friend, or a neighbor, or a relative or a colleague for their richly deserved savings which may result grievous.
Youngsters of todays generation do not plan their finances – some youths dont plan because they are not aware of its advantages, some young professionals believe that they do not need financial advice at the first phase of their careers and some without getting it assumes that others getting financial solution from expert is an expensive affair hence they cant afford it. The fact is, as soon you will start investing the more you will be able to accumulate and can fulfill your financial dreams and goals. Your money grows on the “compounding” or the “snowball effect” principle.
To conclude we can say Financial Planning is a continuing long term process concerning to saving management, cash flow planning, insurance planning, retirement planning, tax planning and property planning.

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