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5 Ways to Hatch Your Next Business Idea

In his book “Maverick Startup,” serial entrepreneur Yanik Silver lays out his “X Factors” for turning your big idea into a profitable business, without taking on debt, partners or even a business plan. In the following excerpt, Silver guides readers through X-Factor No. 1: Developing a big idea.

If you don’t have a big idea, you simply fade into the background like every other “me too” product or service. It’s not always about having a proprietary product or service. This is really more about positioning and a prospect’s immediate reaction to your product.

That’s one of the key elements of the big idea — gut reaction. With our world being busier than ever, people usually don’t have time to explore absolutely everything about a product or service. We use shortcuts for our decision-making. The more clearly you can distinguish your product or service, the better you’ll do in the crowded marketplace.

Ministry of Industry, Energy and Tourism earmarks 533 million euros for innovative technology projects

Following publication of the resolution from the State Secretary for Telecommunications and the Information Society in the Official State Gazette, the application period for requesting financial aid for projects within the framework of the Telecommunications and Information Society Strategic Action Line of the National Scientific Research, Development and Technological Innovation Plan under the R&D Competitiveness sub-programme began on Friday.

The initiatives eligible for financial aid through this announcement must be carried out at a European level, in line with the “European Digital Agenda” and priority will be given to lines of action aimed at the competitiveness of SMEs; Smart Cities and e-government; interoperable and borderless content and services in a mobile environment, promoting the incorporation of such priority technologies as Cloud Computing; security and confidence systems for the user and Apps.

San Pedro tunnel ready for the summer rush

The A-7 underpass could open on the same day as the inauguration of the airport’s second runway.

After five years of delays and inconvenience the long-awaited San Pedro tunnel looks set to be open to traffic before the first avalanche of tourists hits the Costa del Sol this summer.

Russian investors have three million to spend on_Costa properties

Tourist Board and developers highlight the interest in the residential investment market, expected to grow ten per cent

Costa del Sol representatives have taken their ‘Living Costa del Sol’ project to Moscow to attract potential Russian property investors. The visit ended with smiles all round as the investors announced a trip to the province of Malaga in June and the Costa representatives were pleasantly surprised by the extent of the demand.

Government announces IVA hike for next year

The increase in value added tax will go hand in hand with a reduction in employers’ Social Security contributions

In 2010 when Zapatero’s Government increased value added tax (IVA) the current Prime Minister, Mariano Rajoy, said the measure was crazy. Now he has announced that his Government will do the same thing, from 2013, as many experts and financial consultancy firms had forecast, in order to increase state income and reduce the public deficit.

Andalusian government cuts public sector salaries and raises taxes

The new left-wing coalition government has announced cuts to reduce spending and meet deficit target

Despite heavy criticism of the decisions made by Madrid, the new Andalusian government, formed by the socialist PSOE and far left Izquierda Unida, has announced cuts to help reduce the region’s public deficit.

Summer season employment boost down on previous years

During May jobless figures fell by 2,021 in Malaga but are still 24,222 higher than last year

Any positive employment figure is good news in the current climate. According to statistics released by the employment agency this week, in the province of Malaga the jobless register ended May with a reduction of 2,021 people compared with the end of April. What’s more some 4,309 workers started paying into the Social Security system last month.

Fiscal consolidation

Most rich-world economies need to stabilise their debt-to-GDP ratio, according to the OECD’s latest “Economic Outlook”. This will require tightening the primary balance (before interest payments) of governments. The OECD expects its members to do this mainly by reining in spending—which is generally thought to be less of a drag on the economy than raising taxes.

Fiscal consolidation in Greece, for example, is supposed to bring down the country’s deficit by 5% of GDP by 2013, largely through spending cuts. But this is still a painful process. By the OECD’s reckoning, reducing a government’s primary balance, as a share of GDP, by one percentage point typically cuts its growth rate by about 0.5%.

Source: www.economist.com

Official population figures. Statistical use of the Register

The Municipal Register is the administrative register that includes all the persons who regularly reside in the municipality. Their data prove they reside in the municipality and the address of their regular domicile in the same. All persons who live in Spain must be inscribed in the Register of the municipality where they usually reside. Official population figures are obtained by adding up the figures from the Registers of each of the Spanish municipalities.

Average number of contributors to Spanish Social Security System stands at 16,996,510 in May

According to data from the General Treasury of the Social Security System, the average number of contributors to the Spanish Social Security System stood at 16,996,510 in May. This is an increase of 77,431 on the previous month (0.46%).

The number of contributors registered under the General Regime rose by 92,937 in May on the figure recorded in April (up 0.68%). This means that the regime governing workers on contracts with employers posted an average 13,694,459 contributors. The largest month-on-month growth was recorded in Hotel and Catering (40,777), Administrative Activities (7,733) and Artistic, Recreational and Entertainment Activities (3,477). This contrasts against the declines in Construction (-4,376), Public Administration and Defence (-2,384) and Education (-1,221).