Buying Property in Bali, Is it possible for Expats?

In addition to beautiful and stunning beaches, Bali has a tradition and culture to be proud of. In fact, Bali is indeed the best attractive destination for tourists or investors. Every year more and more foreigners from various worlds come to the island of Bali and decide to settle down. Not a few foreigners who marry locals or build businesses in the local market. Foreigners can buying property in Bali for personal or commercial use. It should be noted that legally, foreigners cannot own property in any form. In fact, many foreigners own property using the name of a partner, or a trusted local resident. Consider a few things that are necessary before buying property in Bali.

Buying property in Bali for invest or stay

Customary land

This is not known by many foreigners or foreign investors. Custom land! Land with customary land ownership certificates are usually inherited based on lineage. It will be difficult to solve problems when you are trapped in a customary land dispute. Property on Bali has never lost its interest, but it’s a good idea to ensure that you don’t buy customary land.

Applicable Agrarian Laws (No. 5 of 1960)

Before buying property in Bali, you must pay attention to the rules of certified land ownership transactions based on the agrarian principal through the national land agency. The requirements for foreigners to get property are as follows:

Sertifikat Hak Guna Bangunan (SHGB) – it is explained that for property selector documents with a building rights certificate, it can build for a period of 30 years and can be extended for another 20 years. For foreigners, a building rights certificate can be the right choice. But make sure that your company is officially registered and complies with government regulations.

Sertifikat Hak Pakai (SHP) -This certificate is similar to SHGB with a validity period of 25 years, but the extension is up to 80 years.

Sertifikat Hak Guna Usaha – This certificate is only used for land used for agriculture. Document validation for this certificate is 25 years and can be extended up to 35 years.

Above is a glimpse of the regulations set by the government that needs to be considered when foreigners want to buying property in Bali. With all the regulations set are there any tips for succeeding in investing in Bali?

Get to know the local customs

It is important to know the local area before deciding to buy property in Bali. Each area and local custom usually have different rules. For that, it is better to get to know more closely in order to recognize the applicable regulations.

Due Diligence

It is important to know the legal status when you are going to invest either in a residence or business. Due diligence is important to conduct a comprehensive assessment of your investment. You need to know your rights and obligations as a tenant. Due diligence is also carried out to prevent you from being involved in a land dispute.

So from all the explanations above, whether the question of whether it is possible for expats to buy property in Bali has been answered. Make sure you have completed all the requirements and documents needed to expedite the process.

Open Plan Office: prospers the company and staggers the employees

The root of the first open plan office we can see this day dates back from the early 20th century when Frank Lloyd Wright has built an office for SC Johnson Wax in 1936. The concept of open plan office is one of the forms of modern co-working space. 

Open plan office is a brilliant idea that just being overrated these days. They have quickly developed and highly considered. Most of the companies try to copy the concept, though there are many things they have forgotten. It is easier to mention that they only focus on getting rid out of those cubicle walls. Open plan office was once a work of art which paid close attention to detail and constant flexibility.

Today, open plan office is perhaps a strategy conducted by companies to save the capital. Since every cubicle costs some money, they simply eliminate it. Many companies even mention the open plan office as a plus value in their job vacancies. They represent to the public that working in their companies is fun and comfortable. Please bear in mind that the pictures of elegantly built open plan office might not be as comfortable as they really. 

However, this is not the real intention of the open plan office in the first place. As the author of Scientific American, George Musser, said, open plan offices were invented by architects and designers who were trying to make the world a better place—who thought that to break down the social walls that divide people, you had to break down the real walls, too. 

While earning lots of compliments, this so-called open plan office is also receiving plenty of complaints. 

According to studies conducted by Harvard researchers, open plan offices are killing the productivity and not increasing the collaborative of the employees as it was intended for. The studies also find that the setting of open plan office has distracted the employees to focus and concentrate.

Psychologically speaking, this type of workplace apparently leads to a sense of being observed all the working time. Moreover, it also causes privacy issues and negative thoughts among the employees. Instead of encouraging interaction and openness, open plan office gives rise to insecurity and stress level. 

The modern type of offices like the open plan layout was developed by architects and designers to create a better working conditions. Just like everything in this world which has both good and bad sides, you can always examine and decide which type of office is best for you. 

Resolving Dispute with Your Tenants

Running property investment business such as rental property is promising but challenging at the same time because it means you need to maintain good relationship with your tenants. It is not an easy thing to do. Some landlord were getting too carried away with building relationship agenda which disadvantaged them at some points. Some landlords were too ignorant to care about building relationship with tenants to the point they would even feel awkward to just say hi. The best thing to do is to maintain business relationship. It is also recommended to draw clear line if you rent your property to friends or families. Thus, business stays business.

Dispute between landlord and tenant

Maintaining good business relationship with tenants is not easy. Of course, you have the tenancy agreement and all to make it clearer about what yours and your tenant’s right as well as responsibilities. However, sometimes having dispute with your tenants is inevitable. The causes are varied. Sometimes, a dispute can start from small thing like harmful complaint from tenant whether it is about the maintenance or about other tenants. If you cannot deal with it very well form the start, it can build up until it create a dispute between you as the landlord and the tenant. That is the last thing you should wish for from running a rental property.

Basically, every problem has its solution. However, it also depend on the situation on what kind of solution is the best to solve the problem. If the problem is not too big, it is highly recommended to speak verbally by sitting in the same room and having peaceful conversation. It is important to talk through everything so it is clear where the root of the problem is. By identifying the real problem, you can find the right solution for both.

Resolving Dispute with Your Tenants

If the problem cannot be solved by sitting up together and talking, you may need third parties for mediation. This is important because you may need someone who is unbiased to see the problems clearly and find the best solution. Make sure to find the third party for mediation that you and your tenants agree to avoid another dispute.

It is also important to not give in your ego. If you are open to compromise, more solutions are possible to find. It is highly advised not to easily raise your voice no matter how right you think you are. If the dispute is caused by one tenants having arguments with other tenants, it might be more complex to resolve because then you need to be the mediator to solve the problems.

If the dispute that you have with your tenants cannot be solved by discussion or real talking, you or your tenants (whoever feels wronged) can submit a form to body corporate. Everything will be handled through legal courts. Remember that this should be the last option. This can be costly and takes time to solve. Therefore, make sure to deal with every complaint well to avoid any dispute between you and your tenants.  

Komodo Liveaboard: How to Save Money for the Trip

The raw and wonderful cruising trip to Komodo National Park, Flores, with the notorious Komodo liveaboard has long been kept as summer dream for many travelers. And the trip will continue to be a dream if you do nothing to make it come true. While most of us are not millionaires—who can arrange any liveaboard trip anytime we wish—it takes a bit of financial planning to book the liveaboard vacation in Komodo. We need to save money, spare some income, limit expenditures, and carefully pick itineraries and extra facilities we want and can afford. We know your struggle, too, and that’s why we want to share some insight on how to save money so that you could set sail in the dreamy Komodo sooner than you think. 

Simple Tips to Make Money for Komodo Liveaboard Trip

Set A Komodo Liveaboard Jar of Changes

The easiest and simplest way to make money for sailing with Komodo liveaboard is, of course, saving changes from your weekly consumption. Remember how Carl and Ellie of Pixar’s UP saving up their changes into a glass jar for their dream trip to the Paradise Falls? Take their example and set your own daily saving.

Limit Café Breaks

Also, limit your coffee-to-go per week. Whenever you want to stop by Starbucks, JCo, Dunkin’ Donuts (or other coffee shop) for a quick grab, think about sailing away in Komodo’s remote, peaceful landscape. It doesn’t mean that you need to cut your daily caffeine consumption at all. If you can’t live without your regular morning coffee, consider to purchase grounded coffee beans and brew your own at home. Take it with you in tumbler or thermos and enjoy it in your office (or class). Just so you know, a bag of good quality coffee beans or grounded coffee, that could last nearly a month, is equal to 2 cups of Starbucks’ grande cups of coffee. Simply cutting off your daily visit to coffee shop will save you a lot more money than you thought.

Set Up A Garage Sale

We all have few things we don’t use anymore though they are still in perfect condition. Having a garage sale is a good idea to earn more extra money for making your Komodo liveaboard sailing trip comes true. Go through your house, look deeper inside your cabinet. Find clothes that you rarely use, stuffs you (or your kids) have outgrown, or things that you’ve find plainly boring for no reasons. Bonus point if you have accessories or furnitures that you don’t use anymore; like table lamps, rice cookers, bangles and necklace, hats, baby cribs, or even a couch! They usually sold quicker. Garage sale buyers love furnitures that they couldn’t normally purchase. Also, you don’t have to have an actual garage to have a sale—just post it in your social media or put it in secondhand marketplace site!

Sign Up for Temporary Online Taxi/ Taxibike

Most Komodo liveaboard boat trip are usually come affordable after you save up for three months or so. You can even take the basic one for just one to two millions rupiah for 3D2N sailing—though not for the best experience. Medium class liveaboard with double bed cabins and standard hotel facilities could cost you 5 – 7 millions rupiah for same duration of trip, and probably more on boats with additional water sport facilities onboard. If you think you need more money for your dream Komodo trip, consider to sign up as Uber/ Lyft driver and earn extra bucks this way. If you stay in Indonesia, you would not see any Uber or Lyft, but you’ll find the local counterpart: Gojek and Grab. Start driving in your spare time and you’d be quite shocked to have more than a million rupiah just in a week. Yes, that’s actually possible!

Food Business Ideas in 2019

Nowadays, the food business is at its peak. Most of the people, especially youngsters, open up food businesses. From fresh food to processed food, you can get all of them now in the market. As we all know, food is very important to us. Not to mention if we are a busy person, we will somehow eat some fast food every day from breakfast to dinner. This is the reason why the food business is at its peak. Instead of cooking, most of the busy people tend to buy cooked meals or canned foods then cook them in their house. If you are interested in opening a food business, keep on reading this article. We will be giving you lists of food business ideas in 2019. Let’s get started!

Food Business Ideas in 2019

Canned Foods

The first food business idea which you can open is the canned food business. As we have stated before, most of the people tend to buy canned food then cook them at their house to save time. You can make canned soups, canned tomato paste, canned fruit, or other foods that you mastered.

Pasta Production Business

The second food business is making pasta. If you love to make homemade pasta, then you can open this business. Most of the people in the world love to eat pasta. Be it homemade pasta or store-bought pasta. Fun fact: you can open two businesses in this case. You can open a pasta restaurant with your homemade pasta and make your own packaged pasta and sell them in the market.

Dairy Food Business

Do you have a cow ranch? Then you can open up a dairy food business. Everyone loves milk, cheese, and yoghurt. Moreover, if the milk, cheese, and yoghurt are fresh, many people will love to buy them. Because of its popularity, you can make your signature cheese, milk, and yoghurt. Once you are able to make your own cheese, milk, and yoghurt, you can sell them in the market.

Wedding Catering Business

The wedding catering business is another food business which will give you tons of profits. In this kind of business, you will be required to offer catering services during the wedding ceremony. It will even bring you more profit if you are cooperating with big event planners. Your wedding catering will be famous and many people will use your service thus bring you many profits.

Food Delivery Services

Although this kind of business does not get in contact with food directly, this delivery business can still bring you many profits. For your information, not many companies able to provide their employees with a canteen. That is why they use the service of food delivery to buy and bring food to their company. Also, this business does not need a lot of budgets. You can start this business even if you only have a low budget.

Those are the lists of food businesses which you can do in 2019. If you have skills and confidence, you do not have to worry about your food business. Start one of these food businesses and earn your money!

6 Top Business Development Skills You Should Have

Business development is a job which you have the responsibilities to guide the development of your company. You should have adequate capabilities to evaluate the current business performance and determine which aspects it can be improved. Improvement can only be started after you are able to identify the opportunities, and build relationships with allies and business partners as well as maintain it in long-term. 

6 Top Business Development Skills You Should Have

Business development jobs typically need strong skills in math, information technology, communication and you should already have experiences in marketing and business management. With those experiences, you will have expertise in a particular industry. Having thirst of knowledge is another big help in this field. These are the top important skills that should be owned to be appropriate for business development jobs.

  • Communication Skill

If you want to enter the business development field, you should possess a strong communication skill. From making a cold call, continuing long term relationships, to present the ideas and information to stakeholders and colleagues.

These activities demand proper skills of speaking confidently and writing clearly. But, when it comes to communication, you should also be able to listen with an open mind and emphatic, so you can identify other concerns and needs. Being able to work on a team is also vital for you to do this job.

  • Strategic Skill

A strategy is one of the most important tasks in business development. A good and practical strategy can only be comprised of a strong sense of precedence, great research skills to fully understand the situation and rational thought. You should be able to make a plan that is worth for months or even years. This is not something that everyone can do, but you can always learn how to make it.

  • Negotiation Skill

Business development has a tight relation to negotiation skills. Whether you are trying to lower prices, make investors approve your proposal or offering support, you have to know the best way to convince them to do such things. 

You may realize that there is a faster way to influence people but, it’s an actually bad method. However, ethical approaching will work for the long term as you can find the common cause and earn their trust. In order to master negotiation art, you should have a great understanding, prioritization, creative thinking, and most important, thoughtful and sincere demeanor.

  • Business Intelligence

Business development doesn’t only require you to have a deep understanding of your own. You should also have better knowledge of the competitors as well as the whole market. To gain knowledge as much as possible, you should collect and analyze all data, thus listening to each information with an open mind.

You should be able to determine which type of campaign that will be responded by certain market segments, how big the market, and how is the market changing. Get a full grasp of the current situation from trends and statistics.

  • Project Management Skill

It is common sense to see business development as a major project. It also means you have to own the same skills like project management leader. The abilities will vary from establishing timelines, setting goals, managing risks, delegating tasks, creating and sticking to the budget, also managing team.

  • Computer Skill

At first glance, you may be wondering why a business developer should have computer skill. But today, research, communication, and analysis are all processed by a computer. Mastering the basic program will allow you to take full advantage and enhance your potential.

7 Steps How to Write an Effective Business Plan

Every company needs a written business plan in order to establish firm guidelines on how the business should go. This document can be used to convey the business goals and how they can be achieved.  On the other hand, a business plan is also important to attract investors, the ones you should get impressed with. Since it is vital for your organization, you should know how to write an effective one.

  • Do Your Research

The first thing you should have done before writing a business plan is research. You have to know better than anyone what you are going to create and the industry you are going to enter. Take your time to not only analyze your product but also researching the objective expertise and the market.

Read everything that has a connection with the business and also talk to your audience. You are even suggested to spend time twice as much for researching, thinking, and evaluating as you take for actually writing the document. This way, you will be able to know about the product, your business, the competition, and the market very well. Only with the whole information, you are capable to create a perfect and effective business plan.

  • Decide the Purpose of Your Business Plan

Originally, a business plan is intended to be the outline of your business where you could understand the nature of your business, the marketing strategies, financial background, and an estimated loss and profit statement. However, there are different purposes for your plan can also serve.

For example, if you are writing a business plan to attract investors, then you should focus your document to its target. On this matter, it will be best to keep the document concise and clear as much as possible. 

  • Make Your Company Profile

A company profile is essential to your business plan and commonly written on the first pages. There are several elements that should be contained within a company profile including the history of your company, the products or services you have, the audience and the target market, the resources, the uniqueness of your business, and how you will overcome an issue.

  • Include All Aspects of the Business

If you are making the business plan with attracting investors as your main goal, you should let them know that your business is going to be profitable. The potential investors are expecting such thing and that’s why you should present all aspects of your business.

On this part, you are advised to include various documents from cash flow, the expenses, and industry projections. You should also contain the minor details like the license agreements and the location strategies.

  • Present A Marketing Strategies

An effective business plan will always have marketing strategies inside it. The more aggressive and strategic your marketing approach the more perfect your business plan is. When you describe the objectives of your marketing plan, you should pay attention to marketing tasks and why you choose it for the whole year onward. 

Meanwhile, at the implementation part, you can focus on who, when, where, how and all practical things. The marketing plan should also have a budget section where you can write the allocated budget for each marketing activities. 

  • Make Your Business Plan Familiar with Your Audience

You should realize that the readers of your business plan come from different parties and each of them has certain interests. So, it’s better to concern on the exact interests when you are making a plan for that particular readers.

If you are going to submit your business plan to bankers, they’ll likely more interested in cash flow and balance sheet. Meanwhile, the venture financier will be more focus on your management team and business concept. Manager of your employees will use the plan as guidelines. 

  • Share Your Passion

Whether it’s the customer, investor or your own employees, you should convey how passionate and dedicated you are through the business plan. You can describe the values of your business, the mistakes you’ve learned, and the problems you want to overcome. By sharing the reasons why you really care about the business and the plan, you will be able to establish an emotional connection so they will sincerely support your company. 

6 Top Business Development Skills You Should Have

Business development is a job which you have the responsibilities to guide the development of your company. You should have adequate capabilities to evaluate the current business performance and determine which aspects it can be improved. Improvement can only be started after you are able to identify the opportunities, and build relationships with allies and business partners as well as maintain it in long-term. 

6 Top Business Development Skills You Should Have

Business development jobs typically need strong skills in math, information technology, communication and you should already have experiences in marketing and business management. With those experiences, you will have expertise in a particular industry. Having thirst of knowledge is another big help in this field. These are the top important skills that should be owned to be appropriate for business development jobs.

  • Communication Skill

If you want to enter the business development field, you should possess a strong communication skill. From making a cold call, continuing long term relationships, to present the ideas and information to stakeholders and colleagues.

These activities demand proper skills of speaking confidently and writing clearly. But, when it comes to communication, you should also be able to listen with an open mind and emphatic, so you can identify other concerns and needs. Being able to work on a team is also vital for you to do this job.

  • Strategic Skill

A strategy is one of the most important tasks in business development. A good and practical strategy can only be comprised of a strong sense of precedence, great research skills to fully understand the situation and rational thought. You should be able to make a plan that is worth for months or even years. This is not something that everyone can do, but you can always learn how to make it.

  • Negotiation Skill

Business development has a tight relation to negotiation skills. Whether you are trying to lower prices, make investors approve your proposal or offering support, you have to know the best way to convince them to do such things. 

You may realize that there is a faster way to influence people but, it’s an actually bad method. However, ethical approaching will work for the long term as you can find the common cause and earn their trust. In order to master negotiation art, you should have a great understanding, prioritization, creative thinking, and most important, thoughtful and sincere demeanor.

  • Business Intelligence

Business development doesn’t only require you to have a deep understanding of your own. You should also have better knowledge of the competitors as well as the whole market. To gain knowledge as much as possible, you should collect and analyze all data, thus listening to each information with an open mind.

You should be able to determine which type of campaign that will be responded by certain market segments, how big the market, and how is the market changing. Get a full grasp of the current situation from trends and statistics.

  • Project Management Skill

It is common sense to see business development as a major project. It also means you have to own the same skills like project management leader. The abilities will vary from establishing timelines, setting goals, managing risks, delegating tasks, creating and sticking to the budget, also managing team.

  • Computer Skill

At first glance, you may be wondering why a business developer should have computer skill. But today, research, communication, and analysis are all processed by a computer. Mastering the basic program will allow you to take full advantage and enhance your potential.

7 Steps How to Write an Effective Business Plan

Every company needs a written business plan in order to establish firm guidelines on how the business should go. This document can be used to convey the business goals and how they can be achieved.  On the other hand, a business plan is also important to attract investors, the ones you should get impressed with. Since it is vital for your organization, you should know how to write an effective one.

  • Do Your Research

The first thing you should have done before writing a business plan is research. You have to know better than anyone what you are going to create and the industry you are going to enter. Take your time to not only analyze your product but also researching the objective expertise and the market.

Read everything that has a connection with the business and also talk to your audience. You are even suggested to spend time twice as much for researching, thinking, and evaluating as you take for actually writing the document. This way, you will be able to know about the product, your business, the competition, and the market very well. Only with the whole information, you are capable to create a perfect and effective business plan.

  • Decide the Purpose of Your Business Plan

Originally, a business plan is intended to be the outline of your business where you could understand the nature of your business, the marketing strategies, financial background, and an estimated loss and profit statement. However, there are different purposes for your plan can also serve.

For example, if you are writing a business plan to attract investors, then you should focus your document to its target. On this matter, it will be best to keep the document concise and clear as much as possible. 

  • Make Your Company Profile

A company profile is essential to your business plan and commonly written on the first pages. There are several elements that should be contained within a company profile including the history of your company, the products or services you have, the audience and the target market, the resources, the uniqueness of your business, and how you will overcome an issue.

  • Include All Aspects of the Business

If you are making the business plan with attracting investors as your main goal, you should let them know that your business is going to be profitable. The potential investors are expecting such thing and that’s why you should present all aspects of your business.

On this part, you are advised to include various documents from cash flow, the expenses, and industry projections. You should also contain the minor details like the license agreements and the location strategies.

  • Present A Marketing Strategies

An effective business plan will always have marketing strategies inside it. The more aggressive and strategic your marketing approach the more perfect your business plan is. When you describe the objectives of your marketing plan, you should pay attention to marketing tasks and why you choose it for the whole year onward. 

Meanwhile, at the implementation part, you can focus on who, when, where, how and all practical things. The marketing plan should also have a budget section where you can write the allocated budget for each marketing activities. 

  • Make Your Business Plan Familiar with Your Audience

You should realize that the readers of your business plan come from different parties and each of them has certain interests. So, it’s better to concern on the exact interests when you are making a plan for that particular readers.

If you are going to submit your business plan to bankers, they’ll likely more interested in cash flow and balance sheet. Meanwhile, the venture financier will be more focus on your management team and business concept. Manager of your employees will use the plan as guidelines. 

  • Share Your Passion

Whether it’s the customer, investor or your own employees, you should convey how passionate and dedicated you are through the business plan. You can describe the values of your business, the mistakes you’ve learned, and the problems you want to overcome. By sharing the reasons why you really care about the business and the plan, you will be able to establish an emotional connection so they will sincerely support your company.