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Tips before deciding to have a company – Personal Finance – Economy

Tips before deciding to have a company – Personal Finance – Economy

The process of creating a company implies a sum of material, human and economic resources to achieve the objectives of anyone who decides to undertake.According to Dane, SMEs in Colombia represent 98 percent of the national productive sector and contribute around 40 percent of the gross domestic product (GDP); These are all those that classify as micro, small and medium-sized companies. In fact, Jacquelin Veloza López, professor of the Finance program at El Bosque University, provides six recommendations to take into account when managing the plan to undertake:Know the product, the customer and the market Some entrepreneurs when starting their…
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Coffee farmers announce protests in Armenia against Petro Government and Federation – Personal Finance – Economy

Coffee farmers announce protests in Armenia against Petro Government and Federation – Personal Finance – Economy

At the end of June, coffee imports decreased by 30 percent, compared to the same period of the previous year, according to the Federation of Coffee Growers. In a statement, they assured that the figures went from 141,000 bags in 2022 to 99,000 in 2023, 42,000 fewer bags. For its part, coffee production in Colombia increased by 1%.Now, they report that the coffee growers will mobilize on August 17 in the city of Armenia, where coffee growers from seven departments will participate. Among the concerns of the union, is what it considers as a lack of action, both by the…
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D1 vs Éxito: what is the cheapest basic market and what products does it bring?  – Personal Finance – Economics

D1 vs Éxito: what is the cheapest basic market and what products does it bring? – Personal Finance – Economics

In Colombia there are several supermarkets, however, they have different prices, which may vary even if you are buying the same product. For this reason, the titktoker 'The Discount Man' He made a video comparing the basic market products that are available in Éxito and in D1. In the video, the tiktoker begins by saying that they bought the family market box that is found in Éxito, Carulla, Superinter and Surtimaxand they want to see if it really is the cheapest option. It is worth mentioning that it has 22 products and has a value of $35,900. Inside the box…
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Can cars and motorcycles in Colombia have two owners?  – Personal Finance – Economics

Can cars and motorcycles in Colombia have two owners? – Personal Finance – Economics

In Colombia, the cars and motorcycles they are an essential means of transportation for millions of people. However, the question arises as to whether these can be registered by more than one person. According to the Resolution 4775 of 2009 of the Ministry of TransportationIn Colombia, only one person can be registered on the registration card, which is the "public document that contains the characteristics that identify the vehicle, accredits its ownership, and identifies its owner."(Keep reading: What can owners of the 87,000 new cars who can't pay taxes do?).(You may be interested: Is having a car in Colombia something…
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