Writing a Business Plan for Your Property Business for New Agents

You may do your property business on the side, on top of your full-time, day job. However, that does not mean that you can simply “make it up as you go.” Especially when you’re just testing the waters in the world of property business.

It’s extremely crucial that you have a business plan of sorts. While the name may sound fancy—business plan—it really is just a record of many things integral and relevant to your business.

A business plan is extremely crucial at any stage of your business

Writing property business plan for new agents

Writing down your business plan is something you need to do first thing, and something you need to keep on doing.

The medium of writing can be anything, really. If you like it seamless and easily transferrable anywhere, you can start in your smartphone or your tablet. If you want a no-nonsense way of recording, the traditional form of a hard-bound journal may be ideal for you.

Chose whatever method you’re most comfortable with using.

Your real estate business plan is more than just an initial plan

Simply put, it’s not a document that stays stagnant. Your business grows and evolves, your business plan does as well. It’s a living and breathing document.

Business plans would likely go beyond just planning but also recording your process and progress as well.

Get ready to jump into the habit of journaling for your business

As your real estate business grow, so does your business plan. This document is like a record of your journey to making sense of the whole complex scheme that is the property business.

As your business grows and you’re even more adept at recording your progress and such, you may even have separate business plans that serve a specific purpose on its own.

From market assessment to business strategy

Your business plan is your friend. Having a business plan will help you tremendously. From an initial assessment of the market to assessing and determining your potential target market, those are merely a handful of things you need to plan well.

For starters, you can start your business plan by determining the area you’d want to work in.

This can be anything from a neighbourhood to the general price range of the properties. This will then intimately tie into the insights of your target market.

From then on, you can work on defining your clients, the type of real estate, and what type of agents you need to network with in order to achieve all these. And this is merely a glance to the process of drafting your business plan.

Recording your expenses—both personal and business expenses

Now we get to the hard-evidence; the numbers. Without this record, you’ll probably be going barmy.

And no, simply your bank statement won’t be sufficient. This financial record would need to cover a comprehensive set of elements in your business. And you may even write down some of your business expenses you may also deem as “personal” such as your transportation expenses; petrol, train rides, buses, and more.

More about Villas from Exclusive Bali Villas

Villas are the best place to stay for a relaxed vacation. Staying at villa gives you more comfort and cozy vibe which can automatically makes you feel at ease during your holiday. And that is why Bali has villas scattered all around the island. To help you find the right one, you can trust exclusive Bali villas, a villa rental management company specialized in providing you the best villa to stay during your time in Bali. It is also great idea to rent a villa instead of booking a room in hotel if you bring your families along with you. Villas are more casual and cozy in some elements you couldn’t even find from hotels or hostels.

Most villas in Bali are equipped with the best services and facilities to satisfy every guest. It is not so different with villas featured in exclusive Bali villas management. Every villa provides best services, staffs and facilities.

Services

Every villa offers the best service to make sure that you stay comfortably. Of course, there is standard inclusive in the package when you rent one of the villas from this management company. However, you can always request additional requirement outside the standard service. Of course, additional requests will be charged accordingly. However, you can always consult about it first to the supervisor stationed at the villa you rent. Standard services usually include housekeeping, grocery-shopping, and cooking. However, you will be charged if you need additional service such as preparing special events.

Staffs

Every villa has in-house staffs with various skills who are always be ready to attend to your needs. You don’t need to worry about who is going to clean the house or trim the garden. Every staff can also speak English for basic conversation so you won’t have any problems regarding to language barrier. You can communicate well with the staffs and state your wish if you have one. Every staff is experienced in hospitality industry and reliable. They have been given instruction as what they need to do so you don’t even have to give them order except if you request for other requirements. If you need additional staffs such as baby sitter, tour driver, or massage therapist, you will be charged accordingly. Make sure to send request in advance so everything will be arranged perfectly.

Facilities

Every villa has standard facilities regarding to amenities, outdoor features, etc. every bedroom is equipped with large bed to make sure you have spacious place to rest. En suite bathrooms are featured as well. There are also built-in closets as well as indirect and diffused lighting. As for amenities, they include satellite TV, DVD player, Wi-Fi, book library, iPod docks, safe deposit boxes, as well as modern and compact kitchen equipment. Each villa featured in exclusive Bali villas also provides outdoor features such as Jacuzzi, pool, grill, car port, bar, Alfresco dining, outdoor shower, and day beds. Therefore, you will stay provided and content whether when you are inside or outside the villa you booked. There won’t be any time when you feel less comfortable during your stay.

Be Smart In A Business To Return The Business Capital Quickly!

Do you have a business and intend to return the business capital quickly? To start a business, it takes courage to face various problems that will certainly be faced in its journey. In addition, courage must also be owned when issuing capital to run it. Of course, that will be a concern, among other things, how in the future can the capital be able to return quickly and not diminish even a dime, and the main hope is certainly to be able to profit many times over.

In order for the desired purpose to be achieved, of course, it needs a process that is not instant and sustainable. Some types of businesses even require years to be able to reverse the initial capital depending on the amount spent and how the quality of the business runs.

However, we have to fight everything for really and carefully.  Then, below are some tips that can be done. Check it out!

Get sustainable profits

Reaching profits in business is certainly the main point to be worked on. But that does not mean we have to reach it without rules or blindly.

For example, you may sell at a very high price with the intention of getting a large profit without regard to the impact. For what if profit is obtained with large numbers, but customers are reluctant to shop again because they realize the price they get is much higher than the market.

This can cause our business not to get sustainable profits. Consider carefully with an emphasis on customer satisfaction, do not just want a momentary profit.

Don’t get caught up in competition

Every business will surely meet competition from competitors in the same field. Often because things like this, the businessman who loses mentally will be pessimistic that his business will become difficult to develop. Though this assumption is not certain to happen, and in time competition in this business will always have the opportunity to be won.

It does not have to always clash with prices that are usually commonplace, because this will cause all parties to suffer huge losses. Competition can be overcome in other ways such as competing in providing services to consumers, promotions or adding value to the products we sell.

Try to keep Innovating

In order for business capital to return quickly, every actor must always create new innovations to reach more customers. Without this, it is impossible for a business to grow and continue to be profitable.

Always make sure to get new ideas such as by exploring various kinds of information about the field of business that is being run, as well as continuing to look for new sources of inspiration and try to hone the skills that are currently owned.

Look for as much information about the business you are in

For bestselling and fast return on capital, you don’t have to have a big idea. Sometimes, ordinary ideas that are well-packed, as well as valid and accurate information help are successful. Information can be searched through books, internet referrals, market surveys, courses or training, and so on.

So, you may try those tips to return the business capital quickly. Good luck!

Dealing With Over-Concerned Tenants in Your Rental Property

Handling rental property investment has its challenges and risks. Business is not all rainbow and sunshine after all. It just makes sense that you face various problems during your career in property investing.

When you invest in rental property, you become a landlord as well. It means you hold power over your property (fully) and tenants (at some extent).

You may have heard about tenants who are too concerned about their tenancy. They worry about power imbalance between landlord and tenants so they end up over-concerned.

It is so easy for tenants to claim their landlord as not a good landlord. Due to those fears, it is reported that lots of tenants even more hesitate making complaints.

Learn how to be a good landlord

One of the best ways to deal with tenancy issues is to become a good landlord. It doesn’t mean you are bad now.

As an investor and landlord, you must have known that there is always system and mutuality for everything especially in the business. When it comes to rental property investment, tenants play important role.

Making them happy during their stay in your property is your responsibility, thus, you need to be a good landlord. It means you need to understand more about how rental property business works.

It is not only about receiving monthly rent.

How to be a good landlord for property tenants

Establishing business relationship with your tenants is important as well so that there won’t be any problems with the cash flow.

The best thing to handle this is to make clear agreement and contract from the start that you and your tenants agree with.

Therefore, it can prevent from misunderstanding which cause your tenants to report you or send complaints. If there problems occurs, you and your tenants can look at the agreement you made and see what you can do to solve the problems based on what the contract provided.

Be a responsive landlord

Tenants will be overly concerned when their request or complaints are ignored. They will be restless and think that you are irresponsible landlord who are not attentive to their tenants.

Therefore, it is important to be responsive to your tenants. If they have reasonable tenants repair request, do something about it immediately.

Addressing their concern is your responsibility because your tenants have right to be provided with a good living condition.

Use property manager

Savvy investor knows better that working alone to handle rental property investment is too much. Therefore, you also need to be smart about it. You should know that professional property manager have skills to handle rental property investment.

They can also handle tenant-related problems before it reaches your ears. Property manager are also responsible and capable for adhering to legal requirements.

As a landlord, you should provide your tenants safety, security, well-maintained living space, and good management.

When they are provided, content, and happy, they pay rent on time, take care of your property well, and choose to stay for long time. It also means less hassle and complaints you receive during your time in renting out your property.

Digital Marketing Opportunity for Tourism Business in Bali

How long have you been known about Bali as one of the world’s worth visited destination in the world? If you are at the different country as well as different continent, then Bali has been so much popular if you are knowing about for years.

Digital marketing opportunities for tourism businesses in Bali

Knowing that Bali with such prestigious fame, I think that it is also interesting to know a bit or more about the tourism business opportunity when we can combining it with the power of digital marketing as many of the businessmen are doing it until today.

The first reason for that is because people around the world will be coming to Bali anytime and it has been proven for years that almost everyday, there are some of the direct flights from a country to Bali. Ngurah Rai International Airport at Kuta is the silent witness for that. You can see the travelers, businessmen and more coming in and out from Bali everyday.

When we will correlating that fact with the tourism business, that will be a big international market you can easily get locally. And since many of them will mostly looking for the Bali’s tourism on internet, then the digital marketing can be the great idea to be used as the main online strategy.

What kind of opportunities you can get by using the digital marketing strategy for the tourism business in Bali?

If we will think about running a tourism business, the first thing comes to mind will be; there should be a lot of money involved. Have you been thinking as it was? I did.

In fact, even though the tourism business will need some money, you will only need some hundreds of dollars and then you can actually started out for selling your own small travel packages or services, secretly. That’s the fact. Many of unregistered businesses that are supporting the tourism in Bali are running in everyday.

Seriously, you will only need to think about the small business ideas, know how to run one, and then prepare a small amount money for that.

Moreover, using the digital marketing strategy to sell your small tourism business in Bali can be more affordable ever since to get the higher chance for your business ROI.

Somehow, Bali is a never-sleep island and that’s you can actually see everyday and night except the Nyepi Day when all of the people in a province is forbidden to work and do activities at outdoors. Beside that, you can do what ever you want especially to deal with your new tourism business.

Using the digital marketing strategy for your tourism business in Bali is one of the powerful thing you can do in business. From a country where did you come from, there may still small amounts of businesses that are targeting your country and not many people are knowing about the language. You can then show yourself along with all the services using your own language on website you have built yourself, sharing the services on social medias along with their advertisement features, competing in Google for the certain keywords your site is targeting and many more.

That’s the simple definition of how you will deal with the digital marketing strategy to market your tourism services in Bali. You can even find the best agency for your digital marketing Bali to help you out with all the business hassles and reach more targeted customers as you need

Besides that, if you don’t want to offer your own tourism services, you can also help the tourism related businesses if you have knowledge and experiences in digital marketing.

You can offer the website design or development service, offer your social media marketing skills, and many more.

I can’t say all of the service opportunities as your business in Bali in digital marketing field since tourism itself is affecting so many business lines in the world. From those who are offering the best accommodation rooms for tourists to those who are selling the unique key chains side of the road. From the higher class of exhibitionists to the commoners.

That how big the digital marketing opportunities are for running the tourism business in Bali.


How Hard Work Affects Your Success in Business

Running business requires you to be ready to face some challenges. Some of them are rough and others are easy to tackle down. Becoming a successful business owner is a dream that is possible to reach. However, it will even be more reachable if you stop considering success as your dream but goal. Dream is too far from reality that sometimes people give up in the middle of their business because they think their dream to be success becoming too hard for them. Meanwhile, you will keep trying to move forward because your success is your goal you determine to reach. And success is more reachable with hard work.

How Hard Work Affects Your Success in Business

Working hard to be a successful business owner

No matter what kind of business you are currently involved in, there is unspoken rule to work harder than others if success is what drives you through. The wealthy are not only working harder in more hours than the rich but also than the poor. It’s what makes them different. They don’t hesitate to devote their time to work harder so they can reach their success earlier than others.

Devoting time

The problem of being a hard-worker is, the time. Lots of people think that there is not enough time to work more than what they can. Successful business owners or property investors have better work ethic. However, it is not the only thing that makes them stand out from the rest. They are willing to devote their time to work more hours than others.

Love and passion

Working harder will be much more stressing if you don’t like what you are doing. For example, you won’t get your success in your property investing if you don’t have interest on it in the first place. It will make it harder for you to even devote your time finishing your due diligence, let along working more hours. However, you will be willingly devote your time to work harder and longer than others if you really like what you do. People with passion will automatically have different work ethic which can be described as more passionate and motivated.

Ambitions

Successful investors are usually those who have strong ambitions in their bone. They are driven by their goals to be successful and beyond that. If you have ambition, it is easier for you to work harder and longer without needing a push from others. Therefore, you can always remind yourself of what your goal is whenever you lose your spirit to work harder.

Priority

Those who work hard know that they have priority in their life. Therefore, they don’t waste their time on social media for unnecessary chit chat. They focus more doing something more productive so that they focus solely on their priority. They also spend less time watching TV and read more business related books instead to fill in their knowledge. To be able to work hard without being worn down or stress, try to love what you do and look back at your goals whenever you forget.

The Most Profitable Business Ideas in 2019?

Looking for the information about the most profitable business ideas in 2019 will really help you when you want to open a business. As you know, 2019 is the year where many people, especially youngsters, are open up some businesses.

Meaning, if you want to open a business in this day, you need to compete with other new business as well as other big businesses.

You will also need to establish a fresh business idea if you want to gain any profits. It will be tough but if you have confidence and you have good finance, you will mark your place in the business world.

If you happen to want to open a business, then you need to know what businesses will be good for you. Keep on reading this article if you want to know lists of profitable businesses in 2019.

Food Truck Business

Profitable food truck business in 2019

No one can deny foods. Everyone needs foods including animals. Nowadays, we can even see that there are so many food businesses scattered all around the world.

Cafes, restaurants, stalls, even food trucks, they are all there. Not to mention that people are looking for foods which they can consume at that moment without having to cook.

We are talking a very decent food here.

If you consider yourself a good cook, then why not open a food truck and sell high-quality food to busy people? Moreover, you do not need to pay for the rent because you are going with a truck.

You can also make stops in many areas in one day. Low investment and you will gain profits. 

Car Wash Services

Profitable car wash business in 2019

A good car always needs a car wash. Even though you need quite a lot of money in this business, the profit can be guaranteed. With so many people buy cars these days, they will definitely need a car wash service to clean their cars.

This business will never die because everyone needs a car.

You will gain profits faster if you start to open this business. As long as you promote your business in the best way, your car wash service will be packed with cars every day.

Child Care Service

Profitable child care service in 2019

The next profitable business is opening a child care business. We are now live in a world where both parents are working in order to save money. The problem is, who is going to take care of their kids?

The answer is child care. You only need to be good with children. How to entertain them, how to feed them, how to change their diapers, and other things.

Once you gain parents’ trusts, you can open this business.

Personal Trainer

Be the personal trainer in 2019 and doing profitable business

If you are good at training your body, then you can use this occasion to open this business. There are many people who are willing to use a personal trainer to get a healthy body.

Instead of spending your money in building a gym, you can start to become a personal trainer. The pay is good and you will become healthier.

Those are the list of profitable businesses which you can do in 2019. Choose one of these profitable businesses and gain your profits!

Some Prospective Ideas for Sewing Business

The sewing business still provides a decent income. This business prospect and opportunity is still open. Especially, if you want to have some special skills related to it.

Some of interesting prospective ideas for sewing business

If you have already started and improved your skill from a course bench and intend to make it as a business, later on, you need to be brave enough to innovate more.

Presumably, some types of business in the field of sewing skills can be considered. Here are 5 of the most prospective sewing businesses. Read it carefully!

Sewing business of curtains

Curtains are one business opportunity that will never die by the times. What’s more, curtains can give a distinct impression of a room that is empty of beauty.

Indeed, you need your own skills, especially in terms of measurement and installation. However, if you are diligent in learning there will be nothing complicated.

Because this is very much related to art, you need to be fluent in combining colors so that there is a dazzling impression for the home of consumers.

Sewing maternity clothes

Why should you sew a pregnant clothe? This is because pregnant people have a size that is able to change in a short time cycle.

The changes will take place quickly in pregnant people. This can provide a gap for you. It is possible and common if pregnant women have their own designers.

This will give you an amazing concept in utilizing sewing craft expertise. So, prepare your best concept for maternity clothes!

Sewing baby shoes

Many mothers who are anxious, upset, and miserable because they are confused about which shoes that fit the model in which the shoe models do not make the child’s skin irritated.

This can be an amazing opportunity for you who want to start this sewing business.

With innovation to make shoes for babies and toddlers, so you can process the right type of fabric for babies and toddlers. It is because their shoes and footwear needs vary greatly according to the development of their age.

With that background, you can use it as a great gap in starting this new business.

A business of doll clothes

Not only humans need clothes, but also dolls may need them. There are many doll lovers from various circles.

Many children to adults love dolls. From there, you can innovate more by exploiting these opportunities. Don’t worry! Maybe, there are a number of associations and groups of doll lovers who are able to become prospective customers.

Sewing patchwork

Reusing patchworks that are no longer used and transformed into things that are far more useful would not hurt.

If you are interested in repacking patchwork and like sewing business, then examples such as making pillowcases, gallon sarongs, or television covers can provide economically valuable skills.

This is also supported by a patch that is not the same size, it will be able to provide a spirit of thought to be more creative for you.

Do you like sewing? Please try one of the sewing business ideas above. You may try to start business opportunities from sewing skills with creativity that is not the same as others.

Good luck!

How Does It Feel If You Run A Business That Fits Your Hobby?

Having a business that fits your hobby is very incredible. Well, there are some people who have managed to use their hobbies as business land. The hobbies he likes can still be lived along with the business.

How Does It Feel If You Run A Business That Fits Your Hobby?

Do you also want to have a business that fits your hobby? The question is, what is your hobby? The IDN Times has summarized seven hobbies that you can use to find income every day.

Studio band

For music lovers or those of you who like to play various musical instruments here! It’s good if you try to open a band studio business. Provide some musical instruments used in a band.

Rent some of the rooms. You can install hourly rates to tenants. If there is no one to rent, you can use the room to play music and channel your hobbies!

Dance courses

Isn’t it really a shame that the dance talent you have is only stored or buried? It’s good that you keep practicing dance while teaching it to others.

Open a dance course with a genre that suits you whether it’s traditional or modern dance. In addition to getting income from students, you can also exercise your body so it’s not stiff right?

Orchestra

Do you like classical music? Do you like playing the violin? Invite a few people who also share your interests.

Make an orchestra group that can travel to various places for shows. You can also install separate rates when there is an event that hires your orchestra. The business is smooth, the hobby is channeled!

Art gallery

Many people work in drawing or painting. But, most of them did not know what their work could be used for. Instead of being a personal archive at home, it’s better to open an art gallery business.

In your art gallery, you can show off your paintings or drawings. In addition, you can also open painting or drawing courses in the gallery. It is really cool right?

Photographer

Many Millennials are fond of holding cameras and taking pictures here and there. Actually, this hobby can be made money purses, you know!

As long as you take it seriously and not just take your picture. You can open a photographer business for various events, for example, a photographer for a wedding. Big honor, you know!

Restaurants

Who likes to cook? If you do, you can make your business in your neighborhood!

Open a restaurant or bakery according to your cooking interests. If you like to cook heavy meals, open a restaurant. However, if you prefer to make cakes or bread, then open a bakery or bakery.

You can also open a coffee shop or cafe that sells snacks to hang out with fun. Your hobbies in the culinary field can be channeled while hanging out fun, right?

Clothing line

Like clothes design? This is one business that is suitable for you to live. Make your own clothing line with the design you make. It would be very helpful if you see many people using your clothes.

A suitable design must be balanced with good quality too. So, don’t choose the fabric that you use for your clothes!

Is there one of the seven points of business that fits your hobby? Continue to craft and use it to build a business!

How to Start a Promising Online Translator Business

One of the main capitals to increase your income through an online translator business is expertise in foreign languages. You can offer your online translation services through social media, this business is very easy to run and is flexible because you can choose as a side job and you can do it in your spare time.

How to Start a Promising Online Translator Business

This one business opportunity can be chosen by all groups such as translators for students, as a side student, side business for employees or even housewives.

For those of you who have the ability and expertise in foreign languages, especially English, you can use your skills to start an online translator business that promises this advantage. Before becoming a translator, you must prepare all things related to the business that you are currently engaged in, you must ensure that you really have expertise in English and you also have to understand how to start this business.

Capital

The capital of the material can be said to be minimal, but this must be supported by bilingual ability (understand more than one language), equipped with a computer and internet connection.

Join the online translator service site

If you already have the ability and expertise in English, the next step is that you have to find a market to offer your business. well, one way to find these markets is by joining forums for online translator services.

Making Your Own Translator Service Site

You can create your own translator service site if you are not interested in joining online translator services to run your business, in making translator services actually also have some advantages and disadvantages.

For the advantage of making this translator service site is that you will have your own customers and you can have your own visitors. As for the weaknesses, in running this online translator business you do not understand promotional techniques and you do not understand the appropriate and appropriate situ development techniques so that you can only survive at that stage.

Accept Freelance Orders

This initial step can be the basis for you to start this business. As a beginner translator, try to find parties who need this service. At the same time promote yourself in a circle of friends, family or acquaintances.

Invite Friends

If you have started to be well known as a freelance translator and begin to be challenged with your assignment, It’s time for you to find a partner to help with the task of translating services. Invite diverse partners, meaning various here are some partners who understand different languages, such as Japanese, English, French, Arabic, and others. It would be better to find partners who have completed formal education, language or literature students. The more diverse HR is, the wider the market you can achieve.

Group Customers

Choose several fields that are tailored to the needs of consumers. Like students, you must adapt to the style of the translation language according to their abilities. But it is different if for export-import companies. You must understand the procedures, terms, and components in export and import activities.

Top Quality

Convince consumers that the results of your translation are easy to understand, right in choosing word choices and accurate. Maybe you need the help of an editor who will correct the final translation. Quality translation results are very important to bind consumers. Determination of deadlines must be considered to show your commitment to consumers.

Now, you can start your online translator business by understanding those tips.