Business & Property

How to Choose the Right Location for Starting Out a Business

Before you decide the space for starting out your business, you should already have a clear image of how much you can invest for space and what you should have in the location. Additionally, you should also think about things that will add the value of the place, and things that you won’t be able to tolerate.

How to choose the right location for starting out a business

You should take enough time when determining these criteria and give a deeper thought. You can repair and fix some mistakes that usually made when starting up a business. But, it is almost impossible to be corrected if you have wrongly chosen the business location.

Choose a location that fits your business style

First, you need to keep in mind what style you will run the business. Get a firm understanding of what type of business operation you are going to run. Whether it is a casual or formal type, the business location you pick should be in line with your specific image and style.

If the business you are starting up is retailing, would you like a conventional store or rather operating a booth or kiosk in a certain mall. You can also consider making a cart that will allow you to move to different locations.

Learn about demographic in the area

In order to choose a perfect place for your business location, you should learn about your target market. Afterward, you should also consider how important the customers’ proximity to your business location. For some types of business, the proximity might don’t give significant effect but retailing and some types of service providers, the location is really vital.

Besides the demographic profile, you should also observe the community. If you aim for local customers, you should make sure that the percentage of the population in the area is sufficient enough to support your business. If the community in this area have stable economic, it will create a healthy environment for your business.

Pay attention to the foot traffic

Foot traffic is a particularly important key for most retail business. Being tucked away in the corner will be very bad since shoppers will likely bypass your merchant. On the other hand, if your business needs some confidentiality, then high traffic location would only give pain to you.

If you already have a potential business location, you need to monitor the traffic at different times in a day and on different days in a week. This way, you can make sure that the pedestrian volume will meet your needs.

Consider the accessibility

You need to think about the accessibility of your business location to not only customers but also suppliers and employees as well. If you want an area on a busy street, you should if cars can get in easily or not. Also, make sure that your suppliers will be able to efficiently deliver all the materials you need.

Take your competition into account

Depend on your business type, being near your competing companies sometimes can be profitable. You may already know about comparison shopping. Located nearby to the existing businesses will give you a chance to catch the overflow. This will work out especially if you run a restaurant or other kind of entertainment facility. However, if being near with competitor will only make marketing job harder, then, it’s better to look for other location.

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Business & Property Travel & Leisure

How Many of Luxury Bali Villas In the Centre of Seminyak?

Renting the luxury Bali villas in Seminyak are still affordable for many travellers. It is because, there are so many existing villas at Seminyak so there are pretty much special offers we can get. But to be honest, have you been known the exact numbers of how many of them?

You don’t need to count the whole villas in Bali, just simply think about the luxury villas in Seminyak.

And have you been found out the answer is? If you are using search engines and looking for the answer of how many the luxury villas in Seminyak are, based on my experience, there won’t be an answer for that. You will keep on getting the villa offers rather than the exact answer for the question.

Maps preview of how many luxury villas bali in the centre of Seminyak

This can be caused by the government itself has not been collecting the data very well or they didn’t do that at all? Seminyak itself is so much popular as the location where the villa’s accommodations are almost any corners of the village. You can easily find the luxury villa at the beach, nearby it, from any design styles and number of bedrooms. But seriously, how can even the Seminyak environment itself can be well preserved if there won’t be data for that?

Why it is important to know how many luxury Bali villas in the centre of Seminyak?

I have just said that if we could identify the numbers of the villas, later we can also measure about the negative impacts for the environment. But, we can also use the data to know how many possible travellers can be invited and stay in luxury villas in Seminyak. It is as simple as tourism forecasting thing where you can forecast how many travellers the area can get in a year or even less than that.

It is great when Seminyak is so much popular for its beaches as well as its new image as the “land of thousands villas” (I made up this term myself) for the past recent years, but if there won’t be a single man knowing the numbers of the villas, then how the businesses are paying taxes?

Knowing the numbers of the luxury Bali villas in Seminyak can also be helpful for the tourists. They will notice that if they will need to stay in a beachfront villa in Bali, then they will need to go to Seminyak area, not else. Tourists will also identify that there are so many accommodation offers for the villas alone ever since that kind of rental property is dominating the area.

Anything can be the clue for travellers and anyone else to know more about the development of tourism in Bali. Knowing the number of the luxury villas can also contribute in identifying new discoveries in tourism. But until this moment when I published this post, it is very unfortunate that even though the tourism in Bali has been very well-known in the world, there still no chance for me to know how many of luxury villas Bali in the centre of Seminyak.

Did I looking for the data the wrong way?

So far, if this post will be delivered to you, then simply kindly enjoy your travelling in Bali and think about to rent the luxury villas at Seminyak no matter if we are all don’t know how many there are.

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Business & Property

Types of Business to Avoid Nowadays

When talking about business, there are good businesses and there are types of business to avoid as well. Actually, it is fine to establish the types of business mentioned in this article, but you must be prepared for the worst since they are simply no longer profitable enough nowadays due to the saturated markets. Well, here are the types of business you should not bother to start!

 

  • Restaurants

Restaurant as one of the business types to avoid nowadays

While most people argue that restaurant business would never fade away since people constantly need food to eat, establishing a strong restaurant on your own is actually an extremely tough task. Most people who understand about economy and business would never want to start a restaurant business since it has an extremely high rate of failure. Besides, establishing a base of loyal customers is very demanding and requires special effort that is simply not worth your time since you also need to spend more on marketing. Indeed, there are many successful new restaurants out there, but most of them are actually owned by the people who already have a vast experience in dealing with this kind of business or simply has large connections.

  • Taxi services

The old days where the taxi is the most reliable transportation choice have been long gone due to the presence of online transportations such as Uber or Grab. These online-based transportation services manage to revolutionise how a transportation business should work and we are grateful for it. Unfortunately, such a revolution costs heavily and some people need to pay the price. Because of the advanced level of simplicity offered by online transportations, taxi services struggle to find their customers and they have become the types of business to avoid since they are no longer profitable- it is no longer easy to convince a person to take a cab instead of booking an online pickup service.

  • Electronics repair

There is time when you don't need to do business in electronic repairs

For developing countries where less advanced electronics are still omnipresent, having this kind of business is actually not too terrible. However, for developed countries where high-tech electronics are heavily utilised, working as an electronics repairer is actually not a wise idea. The reason why being an electronics repairer is no longer a thing is that most appliances nowadays are deliberately designed to have a service life of fewer than ten years. Also, when one of them gets broken, repairing is pretty difficult and expensive since the components inside are ridiculously advanced and buying a new one is cheaper than having to repair a broken one.

  • Retail business

Well, while most people adore this kind of business since it is relatively simple to establish, having a retail business is actually not profitable anymore. Operating a retail business is getting tougher and tougher every day since there are too many large department stores which offer insane discounts such as Walmart. The thing gets worse since most people tend to favour online shopping even more. A retail business is simply not an option for you if you wish to make a living. Therefore, a retail business is one of the types of business to avoid!

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Business & Property

Property Investing Tips for the Youngster

Property investing can be challenging even for experienced ones. However, lots of experts say that being early in investing is good. It gives you more times to make mistakes and fix it.

There is no doubt that property investing has its own problems. It is also impossible to reach your success in investing overnight. It needs process that can take years. That’s why it is good to start early in property investing. That way, you still have much time to learn, gathering knowledge and experience many things both bad and good things in the industry.

When the time comes, you will be successful investor with experience and knowledge backing you.

How to do property investing for the youngster

How to do property investing to the youngster

For young investors, property such as real estate can be overwhelming especially in the beginning. It seems there are many things to handle. However, it is not always bad. It is better if you are young since you still have time and energy to do many things. You are not limited to anything and you still have burning passion inside as a fuel to keep moving forward. Here are tips in property investing for young investors.

First, you have to understand that being young means you feel limitless and unstoppable. This can be both good and bad. This is good because then you are motivated to do better. However, it is bad when you do everything driven by blind passion without plan. Just because you are unstoppable doesn’t mean everything works your way. Thus, you need to be realistic about your own ability.

When you see an ads of renovation looks promising, you cannot just follow it blindly without calculation and plan because renovation in reality is complex project to do.

Younglings tend to be more independent and too confident. Instead of talking with expert, they tend to find information from the internet. Well, reading online materials as source of information is not bad.

However, it will be better when you also spend your time talking with the right people.

You can ask for advice and insight regarding to your property investing such as financial setting. You can talk with the real property advisor to gain knowledge as well as hear more about their experience in the business.

It is often that young investors are driven by impulse. However, this is not going to work for property investing. From the start, you need to decide what your goals are. What you are going to do with the property you buy. How these property investing things benefit you. All thing consider, everything needs plan and clear goal.

You need to be aware that handling money in property investing is not only about where to spend it but also how to save it and how to get more. Thus, you need to start learning about the art of saving up. Saving your money is important to maintain balance cash flow.

There are various expenses you need to take care of and there are also unexpected things you may need to pay in the future.

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Blog

High Rated Studio Bali With Years of Experiences

If you have been heard about the studio in Bali before, it can really confusing for some people since it may be taken as the photography studio but in the same time and place, it will also referring to the accommodation for the travellers. But today, we simply want to talk about the studio as the rented photography services in Bali.

Lists of photography studio in Bali

There are actually some of the popular photo studio in Bali that you can choose to visit and then use the services. Some of them built in a big building and some of them are small. But even though that the building is so tiny, the services can be so special than the others. All are depending on the man behind the camera and lenses.

So that, in order not to make you confuse and to help you out in case you will need to find the photography services in Bali, I will tell and show you one or some of them that providing the professional services as you are required for any kind of needs or events.

I am calling this as the high rated studio in Bali that I am pretty sure most of the photographers have been experienced in taking images at outdoors and indoors for years.

One of where you will be heading is to move to the south at Seminyak village where there are some of the studio Bali. 3 of the popular studio that I can recommend you are the Le Studio managed by Kesato & Co, Strawberry Photo and the last one is the Union Studio Bali. Feel free to choose which one will be your decision to visit and then use the photography services.

Now, let’s move to the Kuta area as one of the popular spot in Bali and see where to find the studio for your event. The first place you can go is the Bali Pro Photo Centre that is located at the main street of the Kuta. I won’t be more details in this post about the exact address of all the studios since you will only need to type their studio names onto your map application on your phone.

Still at the same area and nearby the first one, there is also the E&C Studio that is specialised as the studio to capturing the customers in the traditional Balinese clothes from children to adults. This studio can be your main stop if you want to take your image uniquely that you may have never got before.

All of the studios that i have been mentioned above are actually more than enough since you may only will need one of them. the above lists are only mentioned about the photo studio that are located at the main tourists centres such as Seminyak and Kuta since I am intending to help out the travellers in case they will need this someday for any reason.

And surely that all of the photographers on those studios have been experienced for years so you barely don’t need to worry about the quality of the images. You will only need to talk about what the services you are required and when you will need them, as simple as that.

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My Blog

How to Choose the Right Realtor for Your Real Estate Business

Handling real estate business means you will not only need your own skills but also other’s. One of the most important team members is your realtor. Most investors agree that the right realtor have great impact of the success of the business.

Realtors help you to find the impossible or small chance. They can turn it into something possible for you to reach.

How to choose the right realtor for successful real estate business

For example, they can help you find properties that may not have been available. They can also help with the selling so that the process can be done quickly without so much hassle. Since property business keeps growing, the number of realtor you can find in the industry is also many.

Thus, you need to be selective in choosing the right one.

Choosing the right realtor for the success of your business

It is not enough for you to just choose the first agent you can find and hire them to be your realtor. You need to find the one that fit the most with how you work and what goal you are trying to reach. Working with the right realtor gives you more chances to be successful in this business.

So, what do you think you will need to pay attention to when choosing the right realtor? Let’s see what you can do!

The first one, you will need to choose the right realtor based on your needs. There are realtors who focus more on buying and others focus more on selling.

If your main focus in so invest in promising property, you will need to choose realtors that is specialised in buying.

However, you will need those who are specialised in selling if your focus is to sell properties. Of course, there are also agents who can do both in buying and selling. However, it is recommended to choose realtor that focus on one side. Thus, their work will be more reliable for your needs.

Secondly, choose realtors that work passionately with planned strategies.

Every great person has always their own strategies in deciding their steps. Thus, you also need to choose realtors who have reliable sources. In the initial stage of choosing realtor, you can ask how they are going to work. If they hesitate, it may likely they are not that reliable for you to hire.

If they can tell you at least general plan or sources, then they are capable of handling your business.

It is also important to find out about realtor’s availability. As a client, you have rights to demand their time and discuss about your business. In short, it is important to find realtor who can maintain solid communication in the relationship. It is reasonable for you to expect a return call, text, or email within a few hours.

Realtors you hired works for you so it is their responsibility to make time for your needs of the business. if your candidate of realtor is too busy to maintain regular communication then you might as well find another one who will give you what you need for the sake of your business.

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Travel & Leisure

Sleep Well In Seminyak Villas for All Your Family Members

Heading to Bali with your family this holidays? Stay in family villas at Seminyak!

Family vacation is usually the important thing to do and can’t be done easily since most of the family members have their own different period of holidays. The working parents and the children in school may quite hard to find the best time for it.

It is no wonder that spend the holidays at abroad will getting more special. Bali itself has its own specialness that many people have been dreaming to visit Bali and experience some of them. If you have been heard before that the cultures are interesting, the people are so welcome, the islands are beautiful, who won’t experience such things.

So that, since your family vacation will be more special in Bali, I would like to suggest you to bring all the members and stay in family-friendly villas at Seminyak.

Sleep well in Seminyak villas for family members

All the members can stay together under one roof without getting feels like you are separated compared to the accommodation at hotel rooms.

Villas are perfect for your family and I have no other ideas that can serve you the great services, spacious bedrooms and bathrooms, affordable prices, private amenities and many more facilities you can get.

By staying in a luxury and elegant family villas in Bali, there’s nothing you will wish more. Seminyak village then will be completed all of the traveling schedules and plans you have been made before. As one of the villages in Bali with beaches and it is nearby the shoreline, so much destinations and attractions you will be watched.

Make sure that you have times for all of those. Not to mention about the beach clubs, the other family and children friendly things to do and spots, I won’t finds an end when talking more about the area.

Travellers that who had lived in Seminyak before would feel lucky for have been stayed there. No matter if they were visiting with family or alone, all the things that have been well prepared for all kind of tourists are there.

And at the end of the day when you are in Bali, all of you are deserved to sleep well in the cozy villas or waking up in the morning in fresh.

Many villas in Seminyak have also their own resorts and dining. You are even have been provided the best staying experiences in many available villas along with the fun attractions for the rest of the family members.

All of those things are rarely to find when you are decided to stay in a hotel. No, you’d better don’t do that. You will lose many beautiful experiences and interesting’s neighbourhood explore. Staying and sleep well in a luxury bali villas in Seminyak for your family won’t allow you to get limited of all the beauty ahead.

Your family members will have big chances for all imaginable kinds of fun and what you have dream of a family vacation. I won’t say that you will get all things you have in mind, but you may get surprised with things you will experience in Bali. All of that can be started at where you will be staying. Hope you can enjoy your great family holidays in Bali.

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Business & Property

Learn More About What Real Estate Developer Is

There are many terms in real estate business that you may have not understood yet. The thing is, you have no limit to learn. In fact, learning and filling in your knowledge is a must if you are in real estate business. You are not supposed to be left behind others if you want your business to grow well.

What do real estate developers do?

There are various occupations in real estate business. Even if you decide to choose one job, as an investor for example, you still need to build a team which often includes contractor, agent, property manager, as well as real estate developer.

By knowing what each of them is, you will be able to recognize what you need to do with them. Building solid team and large network is important so you might as well learn more about real estate developer.

What do real estate developers do?

Real estate development is important in the industry to keep it moving forward and growing steadily. Every project need to be handled by the right people. Thus, real estate developers are the right one to handle the projects whether for commercial or residential purpose.

The categories are broad started from a single-family home to industrial development. For real estate developers, knowledge and experience will help a lot in successfully tackle every project.

Real estate developers can start their professional career path from various fields. Some of them start as real estate broker/agent and some others take initial career path in construction. The point is, they start the career path to gain as many knowledge as possible.

Besides, they will gain more experience by doing so. For those who start as real estate agent, they buy properties and improve them.

Then they sell them to earn profit from time to time. When they have steady rhythm and growing business, hey raise the capital and start working with regional planner, architect or builder. The purpose is to develop as well as build and market a real estate project.

When they choose initial career path in construction, they learn more about technical stuffs of real estate development. They learn how to contract property development whether residential or commercial one.

Read also: How to Implement Your Real Estate Education to Practice

In this matter, they also work with partners such as architect as well as financial planner because developing a project is a big deal.

The challenge of become real estate developer

The task of being a real estate developer is quite complex. To become reliable and professional developers, you need to have financial, analytical, interpersonal, and organized skills.

However, there is no such thing as becoming professional developer overnight. It takes time to gain knowledge and experience. Being able to make the right decision is important for real estate developers since there are many things to decide. In reality, real estate developers come from various backgrounds and disciplines.

Thus, there is no ultimate course for you to enter real estate development industry. If you have at least bachelor degree, you can pursue this career and choose the initial field to be your professional career path.

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Shopping

Eco-Friendly Backpack for Multi-Use Purposes

There are some of the names how people are calling the backpack, they are bookbag, knapsack, sackpack and many more. Mostly, it is used either by the students or the travelers especially the hikers for carrying quiet heavy loads and sort of equipments. At first, the backpack itself can be used for many purposes, but have you been heard about the eco-friendly backpack before?

Rather than just thinking about how to get a stylish backpack, today we need to think more about how friendly it is for our environment. There always choices whether or not we want the stylish and eco-friendly backpack or just one choice of it.

Man using eco backpack while hiking

For me, eco-friendly backpack is needed more than just a style since who care what the style you are using. People will appreciate more of what you are using if they will know that your backpack is environmental friendly since you have take a step to make a better future through what you are using. And that will be great for all the future generations.

According to its usage, I think that there are more you can do with the backpack. Since it is mainly used to carry things, then you are free to whatever you are going to bring. It is one of the multi-use bag for various purposes.

People are using it to brings laptop, books, clothes, goods, and many more. It is your choose about what you are going to do with it and I think you will not need a single guide for that. The only thing you will need is which the best eco-friendly backpack that you have to get or buy.

How I will choose my own eco-friendly backpack to buy?

When you just read about the sub-title on above, there might be two things you have in mind. First, the criteria and specifications along with the price of the eco-friendly backpack. Secondly, where you will get one that mostly will be the recommended online shop or place.

For the last one, I think you can simply find them on Google. And the first one, it will talk more about the advantages and disadvantages that won’t put you into sorry for have bought that.

I am truly confusing when it comes to talk about both of them. It is because I will suggesting you to something that I don’t know if you will likes it or not. So that, I will keep on focusing on things that I concerned of and later you will make decision if you are agree with me or not.

In determining about an eco-friendly backpack that is matter for me, the first thing I’d like to think about is the size. I won’t get one that is too bigger and too small in the same time. So, I will first measures my own usual backpack that I have before to determine which size I will need.

The stressful thing about this is that I need to measure about the dimension for sure. So, I will just finding and seeing the eco backpack that I think it won’t be too big than my body size. And I think that considering about its capacity is more useful than the size itself. Capacity will answer my curiosity about how big or small it will looks alike.

In term of stylish if I will really need one, I think I will only focusing on my own favorite color or the color combination. So that, if there will be one place that is serving the customizable backpack colors, that will be the great place or online shop to try.

Last thing I will consider is about the price for sure. Even if it will be the most and best eco-friendly backpack in the world, I can’t really afford the one that more than $50. That’s my limit. So, it would really wonderful to get the price range between $25 as minimum up to the $50 as maximum. Not more than that. If there will be one that can be less of my minimum budget, I would love to read about it with all of above specifications that I have mentioned.

Oh and by the way, the material is surely an important thing to talk about. I have read one before that there is actually the eco backpack made of the parachute nylon so that it will really quick dry when it gets wet by the rain or waters. Draining the backpack is usually an issue for me since it will take times and I don’t get a washing machine at all.

Another last thing I will considered about is how long does the warranty period will it takes. I think, the more years, the better since it will really give solution when the backpack will be broken or needs to be replaced. Surely it will comes with certain terms and conditions set by the manufacturers.

I think that will be all of my own criteria about the eco-friendly backpack I’d like to buy. If there will be one or two specifications that won’t be in your list, feel free to change them all as have required.

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My Blog

Learn More About The Process of Real Estate Development

When you decide to become a real estate developer, you need to do your due diligence to finish your property development project. That is why real estate development requires dedication since it is a full-time job you need to handle.

The process of real estate development

You will need to spend hours researching about the market, financial planning, and negotiating. However, you can tackle down all challenges with your positive traits. Creativity and problem-solving skills will help you to be a successful real estate developer. However, you need to remember as well that gaining knowledge is important when it comes to real estate development.

There will always be things you don’t know and need to find out. Therefore, this is a field required long-life learning.

The process of real estate development

Every developer may use different strategies in order to gain more profit and benefits from property development. However, there is always basic guideline to help you finish the project the right way. Here are the process of real estate development you need to earn more:

  1. The first thing you need to do is develop the right concept for the site as well as conduct a feasibility study. To do it properly, you need to consult the right expert team. You also need to contact local council to provide you an overview of the future planning as well as zoning changes in the area.
  2. Next step is negotiating the contract and purchasing the property. It is important to make the best deal when negotiating so that you earn commercial profit. You need to decide how much you are willing to pay beforehand. The value of the end of the dwellings at the end of the project should also be taken into consideration.
  3. Next thing is to deal with planning regulations according to council development guidelines. You will need the role of town planner to help you make the plan thoroughly and perfectly. This process may require longer time since it is quite complex to deal with.
  4. When you earn approval, it is time to finalise your plan. However, you will need to consult the architect and engineer so that your plan will be flawless to execute in action. Working with architect and engineer is part of real estate development process you cannot avoid because it can determine whether or not your plan works.
  5. Next process is to consult the right builder. In this matter, you will have to estimate your finance thoroughly. Once you find the right builder and financial planner, you can start the construction. It can take six to twelve month to finish. Throughout construction, you may find various challenges including bad weather, mishaps in financial calculation, etc. that’s why creativity and patience are truly needed when you handle real estate development projects.
  6. When your project is almost done, you need to submit the plan of subdivision. You can do one of two options of your completed development property either to sell it for a profit or hold on to it as an investment property.
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