The Global Economy

Thank you for reading this website. This website is maintained by a retired Canadian of Peruvian decent. I came to Canada first arriving in Montreal where I learned French before English. I will be updating this website in all three languages. So if you read some of the English articles and notice some mistakes in grammar/punctuation etc please excuse me as I am still learning this new third language.

We understand leverage as the use of borrowing to finance a project, as we are currently emerging from a great economic crisis any debt involves a thorough analysis of their advantages and disadvantages in order to determine how long it will affect the financial cost of our debt our utilities. The financial leverage is deemed to be bad when it has a negative effect on the profitability of the company and is good when its effect is positive.

For example, if our cost of funding is equal to or greater than our profitability is not a good deal, since if for example we are indebted to pay 100 or 120, is not good business and therefore we reject the project.

But if the cost of funding is less than our utility, that is an interesting option. For example we produce into debt at 100 and 400, not only pay our loan but we have a surplus in this case is worth borrowing but I always assume it with caution taking into account the following aspects:
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Entendemos por apalancamiento financiero al uso de un endeudamiento para financiar un proyecto, actualmente como estamos saliendo de una gran crisis económica cualquier endeudamiento supone un análisis profundo sobre sus ventajas y desventajas a fin de determinar en cuanto va afectar el costo financiero de nuestra deuda y nuestras utilidades; ya que el apalancamiento financiero es malo cuando tiene un efecto negativo en la rentabilidad de la empresa y es bueno cuando su efecto es positivo.

Por ejemplo si nuestro costo de financiación es igual o mayor que nuestra rentabilidad no es un buen negocio, ya que si por ejemplo nos endeudamos en 100 para pagar 100 o 120, no es buen negocio y por lo tanto desechamos el proyecto.

Pero si el costo de financiación es menor que nuestra utilidad es una opción interesante.

Por ejemplo nos endeudamos en 100 y producimos 400, no solo pagamos nuestro préstamo sino que tenemos un excedente en este caso vale la pena el endeudamiento pero siempre asumirlo con mucha precaución teniendo en cuenta los siguientes aspectos:
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Not everyone who has the opportunity to lead, knows a techniques or management systems to be applied to head and to think that it is only necessary to give orders. If the employees do not do a good job, the choice will be to hire new ones because there are not a problem finding people available to work in this time of economic crisis.

What happens when we are always recruiting new staff Ɂ:

First, we spend money on training, teaching our systems and working methods.

Second: We must accept that our employees will make many errors, which affect our customers not being well cared for, change to another company.

Third, if our employees are not identified with our company, they could leave us without giving us the opportunity to search for his replacement immediately.

Fourth, our work systems and techniques will be transfer of the competition because these people are made known.
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