Mexico City, May 18-21, 2024

We would like to share with you our exciting trip to Mexico City, organized by AICO on the occasion of the fifty-second meeting of the Board of Directors of the Ibero-American Association of Chambers of Commerce, Industry and Services.
This event coincided with the celebration of the sesquicentennial anniversary of CANACO CDMX, the oldest Chamber in Latin America, and the ninetieth anniversary of the Inter-American Commercial Arbitration Commission, CIAC, which added special significance to our participation.

The first evening we enjoyed a fantastic welcome cocktail party, where we were able to begin making valuable connections and prepare for the days ahead.
Our trip continued with a tour of the city, exploring historic sites such as Coyoacán and the Church of San Juan Bautista, followed by a cultural experience at the Coyoacán Market. This was a perfect prelude to what would be an enriching series of events.

We attended the official inauguration with speeches by important dignitaries, some of them being: José de Jesús Rodríguez Cárdenas, Francisco Herrero, Liliana Sánchez, Martí Batres Guadarrama, Miguel Torruco Marqués and Nathalie Desplas. Then focused on crucial topics such as artificial intelligence and disruptive technologies, highlighting a keynote lecture by Frédéric García. We participated in talks on nearshoring and renewable energies, with panelists such as Altagracia Gómez, Carla Medina and Ángel Asensio, who offered valuable perspectives on these emerging sectors. There was also a conservatory on the Ibero-American economic situation with important panelists such as Julián Domínguez, Larry Rubin, Víctor Pavón Villamayor and Vicente Gutiérrez Camposeco.

advixy_aico_mexico_canarias
Advixy, the President of AICO and the Chamber of Commerce of Seville, the Director of the International Area of the Chamber of Commerce of Seville
Advixy accompanied by the different representatives of the Chambers of Commerce in the Canary Islands.

Advixy was present at this event to inform the Ibero-American world about the tax benefits of the Canary Islands, which represent an ideal gateway to expand business to Europe and Africa, and tohighlight how these advantages can facilitate the growth and internationalization of companies.

In addition to the business activities, this trip offered us the opportunity to learn more about the cultural aspects of Mexico and its rich tradition. These moments allowed us not only to better understand the business environment, but also to appreciate the deep cultural heritage that Mexico has to offer. We were also able to enjoy the amazing voice of José de Jesús Rodríguez Cárdenas, who delighted us with his music.

The last day focused on sustainability within the framework of the Agenda two thousand and thirty, with a panel that included several experts such as Ovidio Claros Polanco, Natalio Mario Grinman, Xavier Coronas, Roberto de la Torre, Mónica Conde and Alejandro Gómez Tamez, who referred to the regional economy. The day concluded with a splendid closing dinner, where we had the pleasure of celebrating the bonds forged and the knowledge acquired, framed by these significant anniversaries.

Thank you for following us on this journey and we hope we have inspired you to explore new opportunities across borders!

The Advixy delegate team
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Why many entrepreneurs feel they are working more each year... and earning less

There is a conversation that is often repeated when an entrepreneur sits down to analyze his business with a certain calmness. It is not usually a dramatic complaint or an obvious crisis. It is rather a reflection that appears almost spontaneously:

“Every year we work more … but I don’t have the feeling that the company is doing better.”

Sometimes the turnover has grown. Even the team has expanded. However, profitability is not keeping pace, daily pressures are increasing and the general feeling is that the business is demanding more and more effort to sustain itself.

This is not an unusual situation. In fact, it is quite common when a company grows without revising its structure.

Growth does not always mean improvement

During the first years of a business, many decisions are made quickly. You have to move the project forward, get customers, stabilize revenues. This stage requires energy, flexibility and a great capacity to adapt.

The problem arises when the company continues to grow, but continues to operate with the same logic it had at the beginning.

What used to be agility becomes improvisation.
What used to be flexibility becomes disorder.
And what used to work with few resources ceases to do so when activity multiplies.

The business is growing, but the structure is not evolving at the same pace.

As volume increases, margins start to suffer

One of the first symptoms is usually loss of margin. It is not always evident at first, but appears gradually.

More activity means more costs: personnel, suppliers, management, structure. If these costs are not analyzed in detail, the increase in turnover may end up being diluted along the way.

The entrepreneur perceives that there is more work, more movement and more responsibilities, but the economic result does not reflect this additional effort.

That’s where the feeling of working harder for less comes in.

Lack of clear information complicates decisions

Another factor that has a strong influence is the company’s relationship with its own numbers. When financial information arrives late or is used only to meet tax obligations, it is very difficult to make decisions with certainty.

In all this context, there is something that many companies continue to undervalue: accounting. Not as a formal obligation, but as a real management tool. Because when a company does not have well-kept, up-to-date and correctly interpreted accounting, it is in fact making blind decisions. And that, sooner or later, is paid for.

That is why it cannot be left in the hands of just anyone. It is not enough to comply or file taxes. Accounting must faithfully reflect the reality of the business and make it possible to understand what is happening within the company at any given moment. This is the only way to analyze, correct and move forward with criteria.

Without a clear reading of margins, real costs and the evolution of the company, many decisions are made on the basis of intuition or urgency. And although intuition is important in any business project, it cannot be the only criterion when the company’s volume starts to grow.

The weight of the internal organization

As a company develops, internal organization becomes increasingly relevant. Poorly defined processes, unclear responsibilities or a structure that is too dependent on the entrepreneur himself can create an enormous burden.

The entrepreneur ends up being the point of passage for almost everything: decisions, problems, reviews, supervision. This leads to longer and longer working hours and a constant feeling of lack of control.

At that point, the problem is not the business activity. It is how the company is organized to manage it.

Stopping to check is not going backwards

There is a time when many companies need to stop briefly to analyze how they are performing. Not to question the project, but to understand which parts of the system need to be adjusted.

Review the cost structure.
Analyze actual margins.
Organize economic information.
Redefine internal processes.

This type of analysis usually marks a before and after. The company stops moving forward by inertia and begins to make decisions with greater clarity.

The value of a discerning outside view

When a company is immersed in its own daily dynamics, it is not always easy to detect where the misalignments are. Everything seems urgent and any change is perceived as an interruption of work.

This is why many companies find value in having an external viewpoint that analyzes the situation with a certain distance and with experience in business structures.

It is not a matter of complicating management or introducing theoretical models, but of ordering what already exists, understanding how the company really works and making decisions with criteria.

Growing with order completely changes the business experience

When a company regains clarity on its numbers, on its structure and on its strategic decisions, the work remains intense, but the feeling with which the business is managed changes.

Control is gained.
Improvisations are reduced.
And decisions are no longer made under constant pressure.

Growing up ceases to be a continuous race and becomes a more conscious process.

Supporting the entrepreneur so that he can focus on his business

In Advixy we work precisely with companies that are at that point: projects that have grown, that have activity and potential, but need to organize their structure to continue moving forward with stability.

Our job is not to turn the entrepreneur into a specialist in accounting or finance. On the contrary. We believe that the entrepreneur should focus on his activity, his market and the development of his project.

Our role is to sort out the numbers, analyze them and sit down with him so that he understands them clearly. From there, decisions are made with greater certainty.

If you’ve ever had the feeling that your company is working harder and harder, but it’s not showing up in your bottom line, it’s probably not a problem of effort. It may simply be time to review how the structure of the business is working.

In Advixy we accompany companies that want to take that step and start making decisions with a clearer vision of their reality.

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