In this article we explain how to do a step-by-step market research and how it will help you to grow your business.
What is market research and how to conduct it?
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What is reporting and what is it for
Reporting is used in new strategies when making business decisions, through the classification of sales and purchase data within a company. This system, which was used by large companies, is now a competitive advantage that SMEs must use to stay in the market.
How is GDP calculated?
It is important to know the GDP, because this concept is the most precise that economists use to date to measure the size of a country’s economy.
Nominal interest rate and annual percentage rate of charge (APR)
Nominal interest rate and annual percentage rate of charge (APR): What are they, differences and how are they calculated. The nominal interest rate represents the value of the loan service provided by the banking entity; the APR includes the rest of the actual costs of the loan.
How many types of cheques are there: Know them all
Cheques are being used less and less due to the digitalisation of the economy. However, it is always good to know which are the most used and safest types of cheque.
SCA: What is it and conditions to apply it
The European law to avoid online fraud was implemented a year ago, forcing the implementation of user authentication factors in certain cases. In this post, we explain when it is mandatory to apply these factors and when not.
Digitalization of companies
The air conditioning and refrigeration companies, responsible for the installation of heating systems, air conditioning, or air conditioning, are having a paradigm shift in the management of their businesses.It is obvious that the business world in general is...
Domotics in times of coronavirus
As a consequence of the coronavirus and the alarm state, we're going to be spending more time at home than usual. In STEL Order we have decided to move, even if it is through this article, to a smart home. We are sure that confinement in a smart house has to be, at...
10 factors which influence entrepreneurial success
Entrepreneurial success Entrepreneurship has existed throughout the history. But in the recent years, probably due to the economic, social and cultural situation, the significance of entrepreneurship has been increasing. It’s getting more and more common to start an...
Benefits of using online marketplaces
Why should you use online marketplaces? As a result of new technology trends on the market, we have started creating new concepts, combining classic and modern approach. Nowadays it seems that all the supermarkets offer the possibility of buying their products online....
Different prices for the same product: Is it appropriate?
What are the entry barriers for startups?
Due to the recent economic recession, we are seeing more and more cases of entrepreneur initiatives. We could say that this is a way for people to do things their own way. It's a new situation that is creating a wave of innovation and creative ideas that benefit all...