Seeing growth of your business must be more than just exciting because it feels like you have accomplished something with what you have been working so hard for. Franchising is one of the forms of how business grow. Growing your business by franchising regionally or nationally can be a good decision but make sure to do the evaluation beforehand.
It is important not to be in a rush when you decide to franchise. There are many factors to consider because franchising is like running an entire different business than the business being franchised. Hence, it is not so simple to make a franchise of your business and make it successful. Here are important questions you should ask yourself before deciding to make a franchise:
Does your business have wider market to grow?
Market research is the foundation of business model. It is something your must rely on when running business and franchising. Find out if there is any opportunity for your business to grow outside its existing location. Also, make sure that there is demand that exist in the market. This way, you can exactly target the right location to fill a need from many people expecting your product or service.
Can your business be easily replicated?
It is important that you make thorough evaluation of how your business is replicated if you make franchise. You need to evaluate the ability to apply your branding, marketing, sales, as well as operational system successfully across multiple locations. When you find franchisees who meet the criteria of your evaluation, the chance to make successful franchise becomes higher.
How comfortably are you with the new leadership system?
Opening a franchise means you will have to navigate your leadership with different role and responsibility. You need to shift your mindset because your responsibility as an owner of a franchise system is different than as the owner of a business you have built. You have to help your franchisees because they are putting their faith in your vision. Your support will be needed by your franchisees. Hence, you will have to help them navigate to the right direction with the business because their success is your success too.
Is the story of your business intriguing?
Story can be one of the keys for successful business. And growing your business through franchising means you will need intriguing stories to attract people. You don’t have to make up such tragic stories. Just make sure you have something to explain why your business was founded, the value of your business, and what commitment your business provide to customers. Those are important selling elements that can build customers interest and loyalty.
A franchise can grow successfully if its franchisees don’t lack the fundamental belief in the brand’s value. Franchising is not an easy decision to make for every business owner. Taking the next step with your business without jeopardizing what you have already built is very challenging. Hence, always take a hard look before deciding to make a franchise.
Have you ever went to Bali, stay at a nice seaside cottage, and cannot stop thinking about how beautiful your days were once you got back home? Many travelers dream about owning their own piece of heaven in this tropical island. Maybe you have considered buying a nice beach villa Bali for your leisure. Perhaps you’ve had enough of paying exorbitant rental fees. Or your family requires more space than a hotel or a reasonably priced vacation rental can provide. Or perhaps you simply want a space where your family can congregate whenever it is convenient. You might even have consider renting out the vacation property when you’re not using it out to earn some income. In famous vacation destination like Bali, this may transform the house into a big money maker.
A vacation home in Bali can be purchased for a variety of reasons and in a variety of locations. But, like with any large financial choice, there’s a lot to consider before making a commitment.
Know the Indonesian Laws for Purchasing A Beach Villa Bali
You don’t have to be a superstar to own a beach villa in Bali. However, Indonesia has quite a firm restriction on foreign ownership. Indonesian land and property are fiercely guarded. Many international investors prefer to acquire property in other Southeast Asian countries since the laws are numerous and the process is opaque. Indonesia, on the other hand, is considering making modifications to its foreigner property ownership restrictions. They hope to attract more international investors, and the procedure may become easier and less hazy in the future decade. Foreigners cannot own freehold property in Bali or the rest of Indonesia at the time, but there are numerous titles available that allow them to use, lease, or create properties in Bali and the rest of Indonesia.
Know the Rights: Hak Milik, Hak Pakai, and Hak Sewa for Properties in Bali
Hak Milik is a freehold title and the most powerful title available. Only Indonesian citizens and business can use this title. Hak Pakai is the highest title available to foreigners. It’s a mechanism devised by the Indonesian government to provide foreigners exclusive usage of Hak Milik land. The purchaser of Hak Pakai receives a separate certificate of title in their name. The initial term is 25 years, however you can extend it up to 70 years on several occasions. If you want to sell your property to another foreign buyer, Hak Pakai is transferrable. It’s worth noting that a foreigner can only possess one Hak Pakai property at any given time. Another good alternative for foreigners looking to invest in real estate is to lease property known as Hak Sewa. The length of a lease can range from one to fifty years. It is normally agreed upon in advance with the property owner.
Decide Your Purpose
This has an impact on the type of property you acquire, where you buy it, and how you manage your company. If you want a vacation cottage that you can use during the school holidays and rent out at other times of the year, your approach to property selection will be significantly different than if your primary purpose is to make money.
Knowing Your Target Market
You also need to decide who your ideal customer is if you want to rent our your beach villa Bali. Families are likely to be your target market if you have a large residence. Meanwhile, you can advertise a cozy one-bed cottage, on as a romantic getaway.
If you want to charge top prices in any business, you must provide a high-quality product. This could entail paying a little more to upgrade old fixtures and fittings and install fast Wi-Fi, or providing unique touches like a welcome package of locally sourced food.
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Prepare Yourself for the Financing
It can be tough to obtain financing for a vacation house. It can be tough to obtain financing for a vacation house. Lenders offer higher mortgage rates and require larger down payments for a second house than they would for a primary residence. Real estate is a non-liquid investment. It might be tough to sell a home quickly, especially if you are foreigners in Bali. Many financial advisors advise against purchasing a vacation house — or any real estate for that matter — unless you intend to keep it for at least five years.
The answer to that question is yes. Influencer marketing is seen as one of the most effective strategies in business now. However, it doesn’t mean that the impact will be long-lasting. It depends on the strategy for the continuation. Before talking about the impact, let’s talk about who or what is influencer.
Why influencer marketing can give positive impact for your business
Many think that influencers are the one who have big following on social media. Or, they are the ones with blue tick on their account. However, someone can be an influencer without all of that. More important factors that play to the roles are a person’s eminence and affluence. Those factors like the blue tick or large numbers of followers are just secondary elements influencer can use to boost the impact.
Influencer today is about authenticity, sincerity, and dependability. However, that makes it even harder to define who influencer is. If those elements are what count to be influencer, then anyone can be an influencer as long as they can play an active role in business decision-making which ultimately leads to purchase when their circle of trust is indestructible. So the simple definition of influencer is those who are able to create a circle of trust that someone can have faith in.
This leads to how influencer marketing can give positive impact to your business. However, it is only when you do it right. For example, just because you choose an influencer to promote your product doesn’t mean your sales are going to increase all of a sudden. If there is no relevance, authenticity or sincerity then the strategy is bound to fail.
For example, you cannot just rope a famous model to promote your burger because your customers and his/her circle will question why their favorite model doing so knowing that this type of food is something they should not or will never consume in reality. Therefore, the large number of followers or the blue tick don’t even help in this case because there is no authenticity, sincerity and relevance.
It is important to remember that purchase decision include involve a lot of dynamics such as social, political, economic, market fluctuations, as well as the concept of the circle of trust. Also remember what Seth Godin said that people do not buy goods and services but relations, stories, and magic.
You need to make sure to choose the right influencer to market your product or service. Not only that, it needs to be done strategically with concept and plan. Choose influencer that your potential customers can trust. Today, consumers use many references to see what rbands they are going to choose. They often make purchase after seeing influencer use a product on their platforms such as Youtube, Twitter, or Instagram.
Many consumers also find references from blogs. They read reviews from blog they trust before making decision whether to purchase or not. Also remember that consumers today are very smart and they know which one to trust.
Many underwater enthusiast said that human encounters with giant mantas are extremely rare. This is probably true in most places, but not on the Manta Point Nusa Penida. If you’re looking for the ideal location to photograph these gentle giants, this is the place to be. The Manta Point, located off the shore of Nusa Penida Island, Bali, is a cleaning station where mantas come to be cleaned by the resident reef fish. They are naturally inquisitive and enjoy taking bubble baths from the divers. Despite of their gigantic size, these majestic creatures are very gentle and gracious. An encounter with them can easily be the highlight of any diver, and the opportunity to hang out with them for few minutes should be treated with an utmost gratitude.
Of course, you don’t want to go home empty-handed after a spectacular meeting with Manta Rays. So here’s our tips to get a stunning photo of Manta Rays that will sweep everyone in awe.
Get Close on Cleaning Stations at Manta Point Nusa Penida
The majority of manta encounters occur at cleaning stations, where mantas circle, hover, and even queue for their spa treatment. Take care not to get between the station and the open water, as this will give the mantas access to both. They frequently stay for the duration of the dive once they arrive. There are both cleaning stations and feeding grounds at Manta Point Nusa Penida, as well as deep walls and shallow plateau that makes the dives more interesting.
Prepare the Best Equipments
Before you get into the water, the most important tip for capturing large Mantas is: you need the right equipment. You can get very close to the mantas, so we would highly recommend a fisheye lens. Our recommendations are Nikon 10.5 DX fisheye for Nikon D800 to capture the whole body of Manta Ray. They are large and you want to photograph the whole body with its surrounding water to create an impressive shoot!
Capturing Their Majestic Form
Mantas have an elegant and unmistakable shape that looks great in photos — whether in color, silhouette, or monochrome — when their symmetry is captured. Manta looks great at every angle, but they are at its best when photographed from above or below. When shooting up, expose for the surface rather than the sun, as the trick is to only shoot when the manta is blocking the sun from your lens. Try to anticipate one and time your breathing so you don’t exhale right before it arrives. This prevents bubbles from appearing in your image.
Taking Their Silhouettes
Mantas feed on plankton and are thus rarely found in crystal-clear blue water. However, regardless of the conditions, you should plan to turn off the lights because mantas look fantastic as silhouettes. The technique is easy: Switch your strobes off, expose yourself to the surface and wait until a manta passes through the center of Snell’s window. It might be worth locking the camera’s focus because the rapid change in light levels caused by the manta blocking out the sun can sometimes confuse the autofocus. If the rays aren’t coming in close enough, find a colorful foreground subject, such as an anemone or soft coral, and use the manta’s silhouette as a background.
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Get Ready in Your Position at Manta Point Nusa Penida
When you first dive to Manta Point Nusa Penida, observe the surrounding and try to find the best spot to wait for the Manta. Be patient and allow the manta rays to come to you. Do not try to chase or come to them as you will scare these precious animals. The mantas will check all the divers around and don’t waste the energy that chases them. If you wait, you’re going to get a better shot. I like to position myself right above or just below the desired trail when I see a manta approaching me. Snapshots are in my opinion not as dramatic as I like to capture more animals to get more power into the shot. I also like to include the other divers’ bubbles. It makes for a much more interesting photo in my opinion. However, if you’re going for the bubble shot, make sure to clean them off your dome port before shooting.
Are you ready to hang out with these majestic creature in Bali?
Pandemic makes any business struggle a lot with so many disruption. Vaccine is started to distribute all over the world but the challenges still there for business owners. However, hope is already in sight. Many small business owners specifically look forward to more practical solutions. There are many things to handle such as increasing revenue, building online presence, creating engaging marketing strategy, etc.
How to sustain your small business with more actionable strategies
The situation with the global pandemic has brought us fear, uncertainty and anxiety. Many small business owners have given up due to the pressure. Some are barely surviving and waiting for the situation to get better. If you are small business owner and you are struggling to sustain it, here are some actionable strategies you can consider:
Build your digital presence
Explore the options you have and get started. Today, it is essential to pivot and adjust. If your business is not already digital, you need to start learning and adapting with it now. It is predicted that even if the global pandemic ends, the impacts of it will remain included customer’s buying habit. Build your brand image with unique personality to attract more customers. Find ideas that help improve your customers’ buying experience.
Thinking about taking loans?
Taking loans can be your solutions especially if your main problem is your financial resource. However, it is also important for you to make thorough estimation and calculation to ensure that you won’t face major financial problem in the future especially with the uncertain situation like now. If you are planning to get loan, you can find out if you are eligible. Then you can apply and make sure to put it to solid use.
Low-interest financial support
If you wary taking a loan then you may try different alternatives to get financial support because of the high interest, find the one with low interest. Find financial support that gives you more leniency so you can be more confident in using it to solid use. It will hep a lot in keeping your small business afloat. Financial security is important thing to consider especially when you plan to take loans during uncertain times.
Diversify your revenue
Diversifying your revenue resources is also important for your small business to sustain. Both online and offline revenue stream need to work and thrive. You can try collaborations, add some additional sales channels, offer complimentary products, etc. For example, you can offer complimentary product along with the tutorials how to use it and live chats. It can result in more engaging customers. You can also add more options of service that your customers will like such as local delivery or curbside pickup. Those strategies can result in more robust revenue stream.
Focus on your existing customers
Gaining new customers can give your small business a needed boost to grow. However, sustainability is more correlated with your existing customers. Those are the ones who are likely to to repurchase. Hence, make sure to deepen your connection with them. Make adjustment to fit their needs and wants if necessary.
We don’t see why business meetings have to be monotonous. Forget about having to attend boring, cookie-cutter business meetings where everyone appears stern and stiff. Consider holding a networking event or inviting investors to a business presentation at the Nusa Dua resorts the next time. Here’s how a beach resort can help you achieve your objectives.
Conference Room with Full Facilities
If you are planning a medium to large-scale business event, you will undoubtedly require a conference room or meeting hall. You don’t have to worry about anything else because the resort will take care of all your meeting needs with an array of banquet facilities. They will make every effort to provide services and personalized attention, from catering to audio-visual equipment to pens for each attendant.
World-Class Cuisine at Nusa Dua Resorts Will Win Investors Over
Have you ever been invited to a business meeting and been let down by the quality of the food served? Not that it would have significantly lowered your opinion of the meeting host, but you would have left with a better impression if the food selection had been better. This is how the Nusa Dua resorts can help you improve your image. They provide the best culinary experiences to their guests, whether in the restaurant or the conference hall.
Nusa Dua Resorts’ proximity to the airport
The Holiday Inn Nusa Dua Resorts is located near the Ngurah Rai International Airport. It’s only 18 minutes away via the Bali Mandara Ocean Highway, which has no traffic on it. Your important guests will not have to deal with the traffic and road snarls that they would encounter if you held a conference in congested Kuta or Denpasar. This resort is ideally located to host conferences or business meetings for business people with high mobility.
You don’t want your guests to be late for their flight!
Impressive Luxury Rooms
You want your important clients and relationships to leave with a positive impression so that your company can build a smooth path forward from this meeting. What could be better than providing elegant rooms at Nusa Dua Resorts for one or two nights? Business owners are known to lavish their relationships with gifts in order to maintain the relationship, and this is how you can do it correctly.
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A Gift for Business Relationships
Who says business meetings can’t be enjoyable? We believe that business meetings should include elements of retreat and adventure. Time is more efficiently invested, in our opinion, when your guests feel well-treated. Giving your guests the sheer luxury of seaside relaxation in Nusa Dua Resorts is one way to treat them and lead the meeting to a fruitful conclusion.
Excellent customer service is one of important keys for your business to thrive. It helps your brand to build trust with your customers. It is easy for customers to turn their heads to other brands once they experience poor customer service. Hence, quality product is not the only factors that can lead you to successful business. More importantly, customer service that is delivered with quick response is what customers want.
How not to delay your customer service response
Responding to inquiries quickly is important. Of course, satisfactory resolutions are also essentials in customer service. However, sometimes resolutions is poor in some situations. The only thing that can save your customer service is at least the fast response.
One of the problems with small business is that it is not easy to deliver quick response keep the staffs on hand for 24/7. That is why most of small businesses opt for outsourcing where they sign a contract with remote support companies. This way, they will have teams as well as scripts to handle support. Minimizing delays is essential when it comes to delivering excellent customer service. Responding as quick as possible is your goal.
There are many ways you can do to reduce delays in customer service delivery. For example, you can opt for multiple channels instead of relying only on one channel. Too few options of channels will only result in long queue which also result in delay. The more support channels you have, the faster you will be able to respond to customer inquiries.
Various channels you can try to establish to improve your customer service performance include social media, phone support, live chat, support agents, and direct tickets. Make sure that those channels are always available and active. They are accessible platforms to gather customer inquiries so you have quicker responses to deliver.
Customer inquiries can be overwhelming especially when they are jumbled randomly. Hence, it is best to try organize and filter them. Funneling customer inquiries to the right people make it your customer service also more efficient. Make sure that each channel you establish has each method to filter inquiries efficiently to the appropriate team to respond quickly.
Communicate clearly with your customers so they know what to expect with their inquiries. Every company may have work differently. Make sure that you let your customers know how long you need to help them. For example, phone support is essential and you don’t want to put your customers on hold for too long than necessary. Tell them how long you need before calling them back clearly and commit to it.
You can also promote self-service to your customers. It allows them to be follow the guide you have given depending on their issues. It allows them to self-diagnose and find useful steps to solve their issues. This way, customers don’t have to wait until they get response from you. However, make sure establish system and plans that will be helpful for your customers and their problems.
There are plenty of reasons to visit Papua. Located in eastern Indonesia, Papua is known for its beautiful destinations, both on land and in the sea. Being the second-largest island in the world, Papua is filled with exciting things to see and places to go that will make any holiday there a memorable event. Adventure travelers are drawn to beautiful nature hikes, scuba diving, snorkeling, fishing, or kayaking. The exotic island is also an important spot in terms of culture. Visiting Papua is on the top of many people’s wish list. So, before you go and book your Papua trip, this guide will show you the best things you can do in Papua.
Papua Trip to Raja Ampat is a must
Located in West Papua, Raja Ampat is one of the most beautiful islands in Southeast Asia. Much of Raja Ampat is covered in untouched rainforest and you will find wide stretches of white sand that back on the crystal seas teeming with marine life. The stunning island is well known for its many different tourist attractions all around the world. However, snorkeling and diving are the prime attraction on the island. Here, you can swim with colorful marine life. For instance, manta rays or sharks. The amazing coral reef here is also largely untouched and is a must-see. Besides marine life, you can find exotic birds on the island. Your Papua trip isn’t complete without visiting Raja Ampat Island.
Located to the north of the Kota Biak, Goa Jepang is a place of historical interest that would have been used in the Second World War as a place for Japanese soldiers to hide. Aside from the history, Goa Jepang is quite attractive to travelers due to its strategic location. It is located near to a local beach, so travelers can drop by to the stunning beach either after or before exploring the Goa Jepang later.
Cendrawasih Bay is a large marine park made of a large number of islands and a rich marine environment. Many travelers come here for hiking, trekking, diving, and watching the exotic birds. However, one of the famous things to do in this bay is swimming with the whale sharks.
Lorentz National Park
Lorentz National Park is one of the UNESCO World Heritage Sites in Indonesia. The Park is the largest protected area in Southeast Asia. It is also the home of a popular mountain called Puncak Jaya. Moreover, 123 mammalian species and 630 species of bird have been recorded in this National Park.
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Visit Base G beach on your Papua trip
Located in the western of Jayapura, Base G Beach is one of the beautiful beaches in Jayapura. The beach is quiet and has white sand, making this stunning beach a fitting place for you who want to relax in peace and release all the stress. If you’re in Papua, make sure to visit Base-G Beach.
Real estate investing is challenging and rewarding. However, the best thing about it is that real estate investing is basically for anyone. Basically, anyone can start real estate investing even without having degree or license. Anyone can invest in amount they like as little or as much. In addition, there is no set amount of time of when they should be successful. Therefore, real estate investing is interesting. There is no ultimate rule of how to be a successful real estate investor. Everyone can start their investing in their way. Even though there are some basic steps or fundamentals of how to do it properly, every investor has ultimate right to decide everything.
Treating your real estate investing like a business properly
Every investor has different goals in running their real estate investing. Some investors focus on closing deals regularly every months and others focus more on earning high profit from every deal they close. However, the main focus here is closing deals and it i one of your ways to treat real estate investing like a business as it should be. Treating it like a hobby won’t get you far. Here is what you should do to treat real estate investing like a real business and get the most out of it:
Define your purpose for your investment
Make a defined system for what you will do to your investing. No matter how small you start in real estate investing, you still need to treat it like a business. If you are able to make a defined system, even your small starter can turn into huge deal. System is one of the most important factors to lead you to success. By having system, you will know what kind of properties you want to invest in and what you will do to it. You will also be able to evaluate every new deals coming your way. By having defines system, you can avoid bad deals.
Networking on your business
Business relies on networking a lot. Thus, you should grow your contact list if your aim is to treat your investing like a business. For real estate investor, growing contact list is like a basic thing to do. It also needs to be done constantly. Just because you have many contacts in your list doesn’t mean you need to stop adding it. It is also important to keep in touch with your contacts to build solid business relationship. Developing contact list can be done in many ways. You can get local contacts by phone calling or attending local networking meeting.
Marketing is also important for real estate investing to succeed. Instead of waiting for deals to come, you can reach them out by being proactive in the marketing field. You can use everything you have to promote your investing such as social media, networking meetings, or real estate investment clubs. Of course, marketing can also cost you amount of money sometimes, but it will worth it. Generating leads is important to help you keep moving forward because you have deals to close.
Have you ever been curious of having cruise holiday and wandered around the quiet and pristine waters in Indonesia? This archipelagic country stretch on the equator line, spanning over Indian Ocean and Pacific ocean. The result is fantastic landscape, highly diverse flora and fauna, rich and colourful marine life, and dozens of world class surf spots in unexplored waters. Exploring the wondrous Indonesia islands is the dream of many adventurers—but the trend of Indonesia sailing trip might be first popularised by Komodo cruise.
Komodo Cruise — Where Everything Started
The land of dragon is getting more and more popular ever since it was chosen as one of the New 7 Wonders of Nature. Travelers flock to Flores to see the majestic, prehistoric Komodo Dragons—that now only live at Komodo and Rinca Islands—and visiting neighbouring islands where the superb sceneries and pristine beaches are. Naturally, you would need a Komodo cruise to visit all of these gorgeous destinations. There’s something about hopping into a journey to remote destinations and enjoying unspoiled beauty of the raw nature.
Sailing to Other Indonesia Island with Komodo Cruise
The popularity of sailing adventure in Flores soon spreads to the neighbouring destinations. Peole start exploring the opportunity of embarking on adventures to the Banda and Spice Islands, the underwater paradise Raja Ampat, the underwater garden Wakatobi, and surfing wonderland Sumba. Question: can Komodo cruise reach these destination? The answer is yes! A lot of sailing agencies in Komodo do have trips to Raja Ampat and other stunning islands in Indonesia.
Cruising for Diving
The liveaboard travelling that are so popular in Indonesia right now were first made in the mainstream by divers. Being able to sail, sleep, and eat in a boat while visiting multiple dive sites in one trip sized down all the hassles of diving in open seas in just one trip. It’s not surprising then to see Komodo cruise trips that are just dedicated to visit all the best sites to dive in Indonesia!
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Finding the Best Surf Destination
Bali might be the most famous island for surfing in Indonesia, but having huge crowds means surfers need to battle lineups with other hundreds of surfers on popular breaks. Some surfers decide to take surfing adventures to the next level. Now many yachts and cruises offers liveaboard trips to Sumba, Mentawai, and other undisturbed surf-breaks, in search for world class waves.
Finding the Right Cruise for You
As liveaboard sailing trip to remote Indonesia islands now sits in many travelers’ bucket list, the variety of ships are getting more diverse. You can find small ships of various size to sail Komodo or other islands at any day. However, selecting a seaworthy and safe vessels should always be your priority.