INEGI reports that seasonally adjusted figures based on Global Offering (equal to global demand) of goods and services registered a growth of 2.08% in the quarter April-June 2010 compared to the previous quarter. At its heart, the GDP grew 3.22% and Total Imports of Goods and Services rose 5.77% against the first quarter.

Seasonally adjusted figures and trend. Global Supply and Demand of Goods and Services for the second quarter of 2010 (Millions of pesos at 2003 prices)

seasonally adjusted figures and trend. Components of the Global Offering of Goods and Services for the second quarter of 2010 (Millions of pesos at 2003 prices) Source: INEGI.

In its annual comparison, the Global Offering of Goods and Services, presented a real growth of 12.8% during the second quarter of 2010 compared to the same period a year earlier. Its main component, the Gross Domestic Product (GDP) advanced 7.6% annual rate, as reported in due time, the other consisting of the Imports of goods and services rose 31.4% over the same period, a result of increased procurement consumer goods, intermediate and final, basically.

The Cabled de Tenerife allocated 220,000 euros to launch 100 new business initiatives through the annual call for grants and to allow the creation of 233 jobs, as reported in a statement insular institution.

The counselor island of Economic Development, Trade and Employment, Refrain Medina, said that “now more than ever we must support the implementation of new business initiatives that pique the entrepreneurial spirit to develop the island’s economy.” Precisely, and as a means to support the creation of new businesses, the council convenes every year a line of support for the financing of entrepreneurship, “thereby facilitating the generation of stable employment and productive innovation insular.”

The projects presented are related to different economic sectors, but predominantly in the field activities of the services and retail. In particular, they highlighted the number of enterprises run by the catering sector (cafes and restaurants), retail, business services (consulting, advisory services) and people such as hairdressers and beauty centers, alternative therapies, sport or training. Also have been other industry-related projects such as the establishment of enterprises manufacturing wooden toys, gofer mill, fruit packaging, among others. Most of these companies constitute the legal form of the individual entrepreneur and to a lesser extent, as limited partnerships.

The Cabled of Tenerife has earmarked this year a total of 220,000 euros to finance part of the cost of providing, commissioning and initial start-up companies. The amounts to be charged amount to a maximum of 6,000 euros to finance current expenditure and the same amount for investment, although such subsidies may be increased in the case of employing people with disabilities.

As specified in the rules of the call could be eligible for such assistance to new firms that generate stable jobs, which have economic and financial viability and that the case of companies with fewer than 50 workers.

Now that you realized that investment properties are the ideal assets that would help you earn more, you should now start planning on how to buy one. There are a lot of questions that you must first ask yourself such as choosing an old house or a new house, renovating the property, and the like. These are just some of the factors that would help you think about your budget for the property as well.

The location is also one of the major considerations when looking for a property investment. However, don’t feel so stressed about the place where you would buy your real estate investment. You just need to do some researching about the place where many people are looking for a house where they can rent. Once you have revamped the look of the property that would help entice tenants, maintenance is no longer a problem. Therefore, you can try looking for a real estate for sale or for an auction property that is far from where you live.

And because there are so many kinds of properties that are available nowadays, you should know which type of house should your purchase as your investment. Of course you must think about the location since you don’t want to end up buying a simple house in for a Beverly Hills-like neighborhood or a mansion in a middle-class vicinity.