Lutuye Salon

Lutuye Salon provides Franchise in Indonesia in Salon Industry. They already have many outlets in some cities in Indonesia. They offer some franchise package for their franchisee.

 

Why Choose Lutuye Salon
– Increased demand in haircare products
– The market grow very fast
– Hairstyle and model become popular

Franchise Investment
– Initial Investment : Rp. 1 Billion
– Franchise Fee : n/a
– Royalty Fee : 7% from gross profit / month
– Marketing Fee : 3% from gross profit / month

If you’re interested to open business in Salon Industry, you can contact them for more detailed information about the franchise opportunity, and become their partner.

The increase in TDL “Rocking” Business Carrefour

JAKARTA – PT Carrefour Indonesia claim to object to the government’s plan to raise electricity tariff (TDL) by 15 percent next year. This is because it influences the survival of the business.

“We as a retail associations oppose this plan. Raise TDL mean lower purchasing power due to power up, might be all the stuff up and hyperinflation. This is why we are asking the government to review the. Electricity itself is a major component in the retail sector,” said Head of Public Affairs Carrefour Satria Hamid.

According to Knight, with an increase of approximately 15 electric power next year, their operating costs will rise about 10 percent. This is because the burden of the cost of electricity occupies approximately 30 percent of operating costs. Even so, he would not raise the price of the product.

“The price of the product from the supplier, not us,” he added simply.

With the increase in operating expenses of approximately 10 percent, the Satria predict, particularly in the Carrefour retail business will reduce turnover.

“It may be eroded by approximately five percent,” he concluded.

The 10% Solution – Growing Profitable Credit Union Investment and Insurance Sales Programs

I have written frequently about the correlation between member participation in the credit union investment and insurance sales program and increased revenue. While that may seem intuitive the question remains, “why don’t more credit unions make the effort to increase member participation in this time of increased need for revenue?”

According to the recent Ken Kehrer and Callahan Credit Union Investment Program Benchmark Reports, the average member penetration is around 5% compared to 10% for banks. According to Ken Kehrer, one of the reasons for the discrepancy between banks and credit unions could be that banks have offered investment services for about four years longer than credit unions. So they have had a head start on developing household participation in their programs. Another useful benchmark for determining how much attention management should pay to their investment programs is profitability. Many CEOs state that it doesn’t make sense to throw more resources at the Program if it isn’t profitable. My response is, “well, then let’s make it more profitable.” Before we can do that we have to gauge the profitability of the program. Let’s look at two ways to gauge profitability.

Revenue Margin

This is one of the more universal ways to gauge profitability in the brokerage business. It takes into account gross revenue minus direct and allocated expenses before corporate overhead allocation and taxes as a percent of gross revenue. This is sometimes called contribution to overhead. Since allocations for the investment program vary so much throughout the industry this measurement has become somewhat standard versus comparing income. In the recent Kehrer report the average credit union Program contributed 19% of its gross revenue to the overhead of the credit union.

 

Brokerage is a volume business which is another reason credit unions need to increase participation to enjoy higher revenue margins. The more the credit union can spread fixed costs over a larger sales force and revenue base the more contribution it can make to the bottom line.

Profit Penetration

This is perhaps a better way to measure the profitability of the Program. According to the Kehrer report, the average credit union Program contributed $444 of pre-tax profit per million of share deposits.

What are the key drivers that will help grow the profitability of Investment ans Insurance Sales Programs? As I have discussed in my previous articles and White Papers there are two factors, credibility and awareness. Ken Kehrer has broken those factors down into four drivers that credit unions need to constantly address to achieve and surpass the 10% member participation threshold.

Key Drivers

Financial Advisor Coverage – this benchmark has been debated for many years. There is no one standard for every Program since geographic and socioeconomic factors of the credit union must be taken into account when determining how many advisors a Program needs to provide optimum service. The numbers range from $150 million in deposits to $350 million. The average credit union in the Kehrer study had one advisor for every $313 million in member deposits. Again, I would not recommend using that as the standard for your credit union. That figure

Financial Management and Budgeting in Business

Importance of Financial Management

Finance is a key functional area of business management. This area is commonly referred to as Financial Management. The term defines the achievement of key financial objectives by making investment and financial decisions. Essentially, it is the management of all the processes associated with the efficient acquisition and deployment of both short and long-term financial resources. Financial Management assists an organisation’s management to reach its financial objectives such as the creation of wealth, solvency, liquidity, growth and return on investment achieved through a process of financial planning, control and decision-making.

Financial Control

Financial control consists of different strategies to manage finances necessary to achieve the primary purpose of every business; which is to earn profit. Budgets are the traditional financial control method and provide a measuring basis which performance can be assessed. By engaging in a yearly budgeting process a business can make plans and forecasts for the year ahead. Control action should be taken when actual performance appears not to be matching the outline of the budget. Therefore by monthly monitoring of expenses, controlling methods can be put into place when expenses becoming higher than figures stated in budget (such as spending cut backs or extra working hours). And by determining the reasons why figures do not match the yearly budget plan, a business can therefore make necessary plans for this not to occur in the future. Monthly monitoring of expenses is another example of a financial control. Such data includes cash balance, total wages costs and hours worked key sources of income, unusual or above budget expenditures.

 

Three Main Financial Statements

The 3 main financial statements necessary to analysis and improve on finance viability:

1) Balance sheet – ‘A statement of financial position that shows the assets of a business and the claims on those assets’

2) Income Statement – ‘A financial statement (also known as profit and loss account) that measures and reports the profit (or loss) the business has generated during a period.’

3) The cash flow statement – ‘A statement that shows the sources and uses of cash for a period’

By analysing these three financial statements on a regular basis a business can proactively forecast problems or opportunities before they arise. The 3 main financial statements are also considered as financial controls as these statements are used to understand and interpret the financial conditions of a business as a means of management and control. The statements enable a business to set guidelines and policies that enable growth and business success. An annual Profit and Loss statement is considered the most important financial statement and UK businesses are legally required to lodge a Profit & Loss Account with Companies House. In regards to cash flow, cash inflows are payments for products or services and interest on savings and investments. Cash outflows are a combination of many things including purchasing stock, daily operating expenses, fixed assets and government taxes. A business is also required to produce a balance sheet annually for reporting purposes. It provides a report of assets or liabilities.

Budgeting and Budgetary Control

A budget as a qualified statement, for a

HelloTrans

HelloTrans offers franchise / business opportunity in Indonesia in Travel / Ticketing Industry. HelloTrans now to franchising, offering the concept of ‘travel and leisure’ which has been successful nationally.

Hello Traveler name has been at the top in the industry Tours & Travel in Indonesia for several years. Operates as a ‘Travel Agent and Tour Operator’, Hello Traveler has created many products and services using the brand ‘Hellotrans.com’, which are sold through 16 branch offices and sales outlets nationwide. According to the standards in the travel industry, some of these products can be categorized as innovative products and services.

With all six divisions: Corporate, Retail, Consolidator, Leisure, Domestic and Outbound Corporate Incentive; together with subsidiary companies of his; “whole” so-called “outbound extension” of its parent company PT. Putri Rimba Marumba (also known as ‘Hello Traveler’, one of the most reputable tour companies in Indonesia).

Both the parent company is called: Hello Traveler covers all the portfolios that focus on business trips, and all of a portfolio of products and services by Hello Traveler, as well as other businesses under the Putri Rimba Marumba called “Hello Trans”.

Address : Jl. Sukun Raya 12 A, Semarang

Estimated Investment : Rp. 400 Million

Carrefour suggested selling local products in foreign countries

JAKARTA – Vice Minister of Commerce Krisnamurthi called Carrefour to sell cooking oil palm ECOPlanet be sold abroad.

“We hope the product is not sold in Carrefour in Indonesia, but outside Carrefour-abroad,” said Bayu.

Bayu said that there was no reason Carefour from other countries reject the product, because it violates the rules of the franchise where not refuse to sell the product elsewhere.

Head of Public Affairs Satria Hamid explains Carrefour, Carrefour commitment to work together and take advantage of the local Contain in Indonesia and Indonesian products such commitment.

“Maybe in the future will be sold on the Indian market, Malaysia, Thailand and China. But maybe we are to support of the raw materials that are certified where Carrefour’s commitment,”

Moving quickly

“Never put off until tomorrow what you can do today.”
(Benjamin Franklin)

Beginning of this book we have submitted a slogan that must run every prospective entrepreneur: Practice! Practice! Practice! This is something that the leaders in all areas of agreement.

Every great work – whether it run the company, sales of high-level, in science or government – requires a person who thinks to act. The chief executives who are looking for key people, demand answers to question: “Is he going to do the job?” “Is he going to finish?” “Is he the person who took the initiative?” “Can he deliver results, or is he just good at talking?”

All these questions have one goal: Finding out if the person is a person who likes to act?.

Great idea is not enough. Simple idea is implemented and developed, is one hundred percent better than a great idea that died were not followed up. No one came by just thinking about it.

Remember. Everything that we have in this world, from the satellite to the skyscrapers of up to baby food, just an idea implemented.

Your 401(k) Investments And The IGVSI

Smack, right up alongside the head. Your 401(k) investment program deteriorated rapidly as the stock market and the economy weakened. Who would have thought that there was so much risk of loss in those mutual funds, and ETFs? Fortunately, the pain is most often temporary, but the timing of the recovery could alter some participant retirement schedules and benefits— not to mention the hefty confiscation level retirees can count on from Uncle Sam.

The popularity of self-directed 401(k) benefit plans is understandable. Employees typically get an instant profit from generous employer matching contributions, a variety of investment products to choose from, and portability between jobs. But the benefit to employers is far greater— an easy, low-cost, employee benefit plan with virtually no responsibility for the safety of the investments, and no lifetime commitment to benefit payments. In some instances though, employees are required to invest too large a portion of their account in company stock— a situation that has caused major problems in the past (Enron, for example).

401(k) plans have virtually replaced the private pension system, and in the process, have transferred total investment responsibility from trustee caliber professionals to hundreds of millions of investment amateurs. Employees get little professional guidance with regard to selecting an appropriate mix of investment vehicles from the glossies provided by 401(k) fund providers. Few Employee Benefit Department counselors have degrees (or hands-on experience) in economics, investing, or financial planning, and wind up using the “unbiased” counseling services of the funds’ salespersons. How convenient for them. Interestingly, most salespersons also have no hands-on investment experience either— go figure.

 

Similarly, the financial planning and accounting communities seem to have little concern about such basic investment tenets as QDI (quality, diversification, and income). If they did, there would never be instances where individual investors lose everything in their one fund, one stock, or one-property investment programs. QDI is the fire insurance policy of the investment plan, but few 401(k) participants hear about anything beyond: past market value performance numbers, future performance projections, and the like. They are not generally aware of the risks inherent in their investment programs.

This is where an understanding of investment grade value stock (IGVS) investing, the IGVSI and related market statistics becomes important to 401(k) participants, company benefit departments, accountants and other financial professionals. IGVS investing is just perfect for long-term, regular-deposit-commitment investment programs.

Somehow, we’ve got to get 401(k) investors to understand the framework of an investment/retirement program and, then, we have to get participants and/or their professional advisors to look inside the products being offered. As much as I hate the idea of one-size-fits-all investment products, they are generally accepted as the best way to deal with larger employer 401(k) programs— most employers don’t even know that more personalized approaches exist.

Only when some form of company, sector, or economy melt down occurs, does the head scratching (and the investigating) begin. 401(k) participants need to understand that they are not immune to the vagaries of market, economic, and interest rate cycles. Along with their employee benefit plan comes total responsibility for the long-term performance of

Auto Financing Companies For Bad Credit Individuals – 5 Steps to Getting Funded

When one thinks of auto financing, one image that comes to mind is a world of wheeler-and-dealers who are always trying to get the better of the borrowers that come to them for a car loan. One reason for this slightly negative image is that there is no guarantee that you will get approved or that you will be offered a certain rate. Rather, it is up to each lender as to just what type of deal they will offer you on a car loan.

If you were to take a look behind closed doors within an auto dealer’s financing office or that of a bank’s loan manager, you may be surprised to learn that there is a method to their madness. In other words, they are not just taking your application, putting their hand into a hat full of different loan deals, and pulling one out for you.

Rather, there is a surprisingly predictable formula to the way a loan deal is prepared and offered to you when you visit an auto financing company. Obviously, your credit score plays a very big role in it. But, so do things like your employment history, your residential history, and even the way you present yourself in person.

If you have bad credit, you may have had some unpleasant experiences in dealing with auto financing companies. Namely, your car loan application may have been rejected on one or more occasions. Or, maybe you just were not able to qualify for a good loan.

No worries. Here are 5 steps to getting funded (at a reasonable rate) the next time you look for good auto financing companies:

1. Shop for a car in a reasonable price range:

Start by shopping for and choosing a car that is in a price range that makes sense, given your credit situation. You may be tempted to choose the very best car on the lot, but that would be a mistake. Someday soon, no doubt, that super-expensive car, SUV or truck will surely be yours. But, for now, it is time to be realistic about what you can reasonably afford. A smaller loan will mean much better chances of your loan getting funded.

2. Understand how bad credit auto financing companies think:

While 98% of car financing companies focus mainly on the borrower’s credit score as the basis for their lending decisions, about 2% of the companies out there actually look to do business with bad credit individuals. They have built a nice little business on catering to the credit-challenged. These companies look past your credit score and instead consider your situation as a whole when making a decision.

3. Run a credit check on yourself:

This may sound strange, but you will benefit greatly from doing running your own report. Find out your score with all 3 of the top 3 bureaus (since it will vary from one to the next). And, be sure to protest any errors you find on any one of your reports. They are obligated by law to fix them.

4. Take the time to build a healthy list of lenders:

In this

Exploring Your Financial Regrets (And Right Choices) With A Financial Controller

We’ve all done something (or several somethings) in life we regret. Or we haven’t leaped on an opportunity fast enough, and, as a result, ended up regretting our inaction. In the world of finance, this is especially true, at least according to a new study released this summer by the National Foundation of Credit Counseling (NFCC). What do Americans regret the most? Fifty-three percent said they had regrets about habitual overspending.

Other common regrets included:

– Inadequately saving (18 percent)

 

– Insufficiently preparing for retirement (14 percent)

– Not having bought a house (10 percent)

– Buying a house (5 percent)

For businesses, financial regrets might take different forms, although overspending may also be near the top of the list. Whether you’re paying more than you have to for raw materials or inventory, not negotiating salaries well so that payroll is higher than it needs to be for the talent you’re hiring, or even just paying too much for your lease and other operating expenses, habitual overspending hurts your bottom line month after month.

Is Your Small Business Overspending?

A part-time CFO or outsourced financial controller can help you discover the places where overspending is hurting your business, and other areas (perhaps sales and marketing) where you need to invest more. Companies often don’t invest enough in advertising or sales during lean financial times, but that’s exactly the time you need to be setting your business apart from the pack with strong sales and marketing campaigns.

Avoiding Other Financial Regrets

Maybe your financial regrets are more complex – not applying for investment capital to take advantage of an opportunity in the marketplace, or even spending too much to launch the wrong product or service at the wrong time.

All of these mistakes – and more – can be avoided through careful financial analysis and financial forecasting. It all starts with accurate, up-to-date bookkeeping, and the presence of a trusted advisor who can help you see the stories behind the numbers.

And don’t worry. Your part-time CFO is not all doom-and-gloom, there to help you see and analyze past mistakes or help your company avoid future ones. He’ll point out what you’ve done right time and again, and show you exactly why it worked from a financial standpoint, so you can continue investing your time and money in the right places.

He’ll also help you avoid future financial regrets by spotting opportunities while there’s still time for you to act. He won’t make the decision for you; that’s still all up to you.

Don’t let your next financial regret be continuing to maintain your own books and floundering on your own with no financial guidance for your business.

You Can Start Your Own Small Business With The Help Of Small Business Loans

Each аnd еνеrу business іѕ different іn іtѕ working, size, credit histories аnd many οthеr things. Finance іѕ thе basic requirement οf a business аnd nο business саn survive properly without loans whether bіg οr small. In thіѕ article wе talk аbουt small business loans:

A small business іѕ defined аѕ a business having small number οf employees working іn іt. Thеrе аrе various options fοr a person tο ѕtаrt a small business. Tο ѕtаrt a small business, loan іѕ thе number one сhοісе. Small businesses аrе main раrt οf ουr economy аnd loans provided tο thеm wіll cover thеіr financial needs.

 

Thеrе аrе different types οf loans available tο thе small businesses. Thе οthеr name given tο operating loans іѕ working capital loans lіkе secured οr unsecured working capital loans. Such loans аrе helpful tο meet day-tο-day expenses. A term loan іѕ used fοr financing long-term assets. Yου саn аlѕο apply fοr SBA loan, whісh іѕ provided bу private-sector banks аnd assured bу thе SBA.

SBA’s 7(a) loan hеlр small business firms tο gеt cash amount upto loans up tο $1 million. Small firms mаkе υѕе οf SBA’s MicroLoan fοr purchasing machinery аnd οthеr materials needed fοr a business. A person wіll gеt up tο $25,000 fοr 6 years. Thе owner οf a small business wіll gеt 504 SBA loans through local financial progress groups. In LowDoc thеrе wіll bе minimum paper work аnd іtѕ processing іѕ аlѕο very fаѕt. A person саn apply fοr up tο $100,000.

Othеr loans include commercial real estate loans, merchant cash advance, international trade loans, equipment loans fοr professionals аnd pollution control loans.

The Relevance of the Finance Service BSC

Financial management is not as easy as it may seem. In fact, it is one of the tedious managerial processes you can ever come across with in the corporate world. Financial management actually requires much technical knowledge when it comes to the effective balancing as well as the application of principles so that efficient distribution of financial resources is ensured. Not only that, financial management also delves into the handling of these financial resources. Oftentimes, the people in charge of financial management have to go beyond the regular 8-hour stint a day just so computation and analysis of data can be completed. With all these comes the consistent need to monitor and regulate every single employee who is behind financial management, and this is where the finance service BSC or balanced scorecard enters the picture.

The balanced scorecard is, no doubt about it, a very important managerial tool that is used in just about any aspect of any existing industry in the field. But how can this be applied in financial management? And once this is applied, what then are the advantages that can be enjoyed here? The major advantage that can really start the wheel turning is actually the nature of the managerial tool itself. The balanced scorecard makes use of a balancing method when it comes to processing each and every aspect of the company, all in a coherent fashion. Coherence should be employed to ensure orderly operations in the company. All aspects should then be balanced out so as to foster cooperation all throughout. Maximum output can then be more easily had with just minimum input to begin with. The BSC is then the instrument used to consider the performance of the company as a whole. A bird’s eye view is then taken on when the BSC is used so that both the strengths and the weaknesses of the company are pointed out.

Moreover, with the BSC, the whole procedure of financial management is then made much easier and this is done without jeopardizing work quality at all. One of the BSC’s features is actually to set a guide that the evaluator would then use to conduct the whole evaluation process. These guides can then be used as bases to ensure effective performance of managerial duties, as well as the duties that may be required in the long run. In turn, lesser expenses would be incurred so this is really a win-win situation for everyone involved.

More importantly, it is a must to keep yourselves abreast when it comes to the latest trends in finance KPIs and metrics. It would not make sense to use a finance balanced scorecard if it would just contain KPIs and metrics that are outdated. In fact, this would defeat the very purpose of implementing the tool in the first place. Thus, it is a must to be aware of the latest trends when developing your finance service BSC. For the most part, the latest trends found today pertain to role-oriented KPI tools, integration, data specialization, and the like. Keeping yourself aware of the latest

Bank

Regarding the meaning of the bank can be sure everyone understood, well studied in school or any school not certainly know the general meaning of the bank. Although not everyone has savings in the bank, but the bank said often encountered in daily life, such as advertising on TV ads that often the bank, or when traveling we see the bank building.
I think we all agree that the short meaning of the bank is a place to save money or to save money, and also a place to borrow money. In this article we will discuss a complete understanding of the bank, from the origin of the word bank, banks in general terms, and the terms of the bank by government legislation shrimp.

The origin of the word is from the Italian bank banca meaning the money changers. In general terms the bank is a financial intermediary which is generally established with the authority to receive deposits of money, lending money, and issue promissory notes, known as the Banknote.
While understanding the bank according to the Law of the Republic of Indonesia Number 10 of 1998 Date of 10 November 1998 concerning banking is a bank is a business entity which collects funds from the public in the form of savings and channel them to the public in the form of loans and or other forms of order to improve the living standard of the people.

From understanding the bank under the Act of the Republic of Indonesia Number 10 of 1998 can be concluded that the banking business covers three activities, namely to raise funds, distributing funds and providing other banking services. Activities of collecting and distributing funds is the main activity, while banks provide banking services only other supporting activities. Fund raising activities, such as collecting funds from the public in the form of demand deposits, savings and time deposits. Usually he is given an attractive remuneration such as, flowers and gifts as incentives for people to be more than happy to save. Activity funds, in the form of lending to the public. While other banking services provided to support the smooth operation of principal.

Understanding bank

The existence of the bank would provide benefits to many parties, among other benefits

1. As an investment model, which means that derivative transactions can be used as a model of investing. Although in general are kind of short-term investments (yield enhancement).

2. As a way of hedging, which means that derivative transactions can serve as a way to eliminate the risk by hedging (hedging), also referred to as risk management.

3. Pricing information, which means that derivative transactions can serve as a means of seeking or providing information about a particular commodity prices in the future (price discovery).

4. Speculative function, meaning, derivative transactions may provide opportunities speculation (speculative) to changes in the market value of the derivative itself.

5. Production management functions running properly and efficiently, which means that derivative transactions may give an idea to the management of production of a manufacturer in assessing the demand and future market needs. Apart from banking functions (bank) primary

Suzuki Satria Success Between Matic

In between the rise of a product that controls automatic two-wheeled motorcycle market, Suzuki Satria still prevail. Motor 150 cc still sell well in East Java, even the buyer must be willing to enter a list of pivot.

East Java Regional Head Office PT Suzuki Indomobil Sales, Teuku Agha stated Satria sale in early 2012 remains high. Suzuki Satria motorcycle sales from January through April 2012 totaled 15,000 units.

“Inden average of 1,500 to 2,000 units per month,”
Satria sales in 2011 of approximately 30,000 units in East Java. Satria 2012 sales target of Rp 42 000 units.
In Surabaya Satria is sold at Rp 19.6 million.

Sinergi Fitness

Sinergi Fitness provides franchise opportunity in Indonesia. Here you can find any information about various fitness equipment sale, such as weightlifting machine, various bench, static bike, treadmill, dumbbell, barbell and iron plate for personal use, office facilities, or commercial purpose. And the most interesting thing is you can obtain those things by cash and carry or up to 12 times monthly payment.

Beside, you can get any information regarding Sinergi Fitness Gym branches to assist you to the nearest Sinergi Gym..
To whom interested in building up their own Aerobic & Fitness business, it is your golden opportunity. Because we will assist to make your wish come true.

With affordable number of investment, you could start your favourite fitness center business, supported with equipment, Standard Operational Procedures, System and management, Marketing Program, also instructors recruitment.