Business and Finance Lectures

Archive for 2012

Next is a strategy how the BEP can quickly because with BEP fast can pull the owners of capital to buy our franchise business because when people would buy a franchise business that is always asked is how long the BEP and benefit a business course will normally be much quick BEP interest prospective buyers of our franchise business, next is strategy business mastery mastery essentially in the franchise business franchise is the most important thing in running a business franchise is certainly the experience and mastery in business become a necessity in many franchise business franchise business principals fall because it does not have the experience and mastery in the field of business being run

An equally important thing is team work, every business franchise requires team work a reliable do not please the business franchise you can last a long time if the team falls apart because of the success of the work business franchise is a strong team work, we need to realize we are not alone is currently competing with the local franchise business is just a lot of foreign franchise business also began its market share in Indonesia its execution so that competition will be increasingly severe business franchise and challenging so that without having a Vision a clear mission and whether the business franchise we can engulfment other franchise business from both the domestic and foreign franchise business has entered, perhaps we also need a lot of learning on a large franchise business has long been born into a business franchise how and what is done in the face of competition in the business franchise

That not everyone is suited to running a business franchise, why? Due to the highly loaded with obedience’s franchising on the system and to an entrepreneur who’s too dynamic and cannot follow referrals from the franchisor’s success will be difficult by means of system franchise, like a schoolboy, the franchisor’s as a teacher and as a disciple of course franchisees a teacher will expect his disciples always want to become stars of diligently studying and class, not the students who always feel smarter than his teacher and learn for yourself.When you feel ready to become a franchise like this, then just choose the business now.

Business franchise which is currently growing higher there are in sector services such as: education, salon, service cars, marketing services, laundry and other. but in General to choose business franchise should we find some of the following criteria:

1. find a franchise brand is already known so we don’t bother to introduce our product to be sold

2. find a franchise outlet opened or already experienced a lot franchisee

3. find the franchise business margin is high enough and doesn’t require much labor and goods trading name has no Expire date short especially for those who will buy business franchise franchise food because food has ensured for raw materials are not too long to be stored but for a business that presents a menu based Indonesia such as rice, chicken, noodles, and other more has a long durability.

4. Locate the franchise has a continuous program of support of franchisor as well as the calculation of return on investment to a maximum of half of the contract franchisee and once again we deliver good operate franchise.

Franchising franchise is a business that must have the vision and mission as a prospective business if the business franchise in the past we have only a few outlets or franchisees only or its market share of it-that’s it then expected in 2012 we can get more business from the previous year and we know if the franchise business competition will increasingly heavy if last year we can surpass business franchise business franchise of its kind is the upcoming 2012 franchise business we can survive or compete with business another franchise, all require appropriate measures to regulate the business franchise strategy how we could survive or outperformed other franchise business

Towards the beginning of the year all companies start set the franchise strategy and concept of how to develop its business, if the business has not been perfect in 2011 then expected in 2012 to surpass its competitors or business more competitors because if not earlier then anticipated business loses from others who already have strategies and concepts that are ripe for the upcoming year, business franchise not only sells the brand and its products but overall its worth noting as an example of how its marketing strategy , how to build its brand and does his business could survive for long term and so on

What strategies should be noted for future business strategy to build its brand is for example before others get to know our business more in then the brand is the first thing that he knew that the brand is the most important things in business franchise, and usually a brand that sells more superior than the other.

What is the impact of foreign Franchise business in Indonesia?

• Foreign franchise business in Indonesia will certainly give insight to entrepreneurs in Indonesia on business models that global impact. An excellent education for our local business insight.
  Foreign business systems Franchise has been more ready, will provide a higher level of success and its impact will provide the
• sales turnover (of course the economy) are better for economic turnaround in Indonesia.
• The impact of absorption of labor would also be far more advanced.
• The impact of learning on technical industry is also very good for forwarded on the activities of the technology.
• Impact on trade to the local supplier will provide more passion again, which would make its suppliers into global international supplier of classy. Imagine the reputation of local suppliers who have a track record of success in collaboration with the international brand.
• Rampant foreign franchise in multinational enterprises or give the impression that the State of Indonesia Indonesia is part of the developed countries. This would leave the impression that Indonesia is a State of behind. And more and more foreign brands in Indonesia (remember!: that the owner of the business here not strangers, but remain local people), will provide confidence for foreign investors to infuse capital in Indonesia. Its impact is economic progress Indonesia!

This buying power makes more and more retailers should be more clever  desire and behavior of consumers in addition to the anticipated move other retailers. We know, lately more and more retailers to implement low cost strategy by giving the main offer of cheap prices to the consumer, category retailers are often referred to as a value retailer. With the power, this challenging category retailers on cheap prices.

The choice facing in this regard is serving a price war or to diversify by sharp. The price war is indeed profitable consumers, the edges but not desired other retailers in General. Serving value retailer in the price war is not an easy thing. In the absence of fundamental changes in the infrastructure that ensures excellence in supply chain and distribution, then plunge in the price war was like a kamikaze. A more flexible is changing the value proposition on the consumer and provide better service in the consumer shopping experience as justification for why it costs more expensive.

In the world of retail, point of entry for the delivery of value to consumers include the identity is determined by the ability of retailers to present the advantages of competitive differential. Thus, identity must be supported by the aesthetic, both visually as well as conditions of its environment. Aesthetic that does not leave an emotional touch for the creation of a memorable shopping experience.
Functionally the value perceived consumer through quality services, technology support, and the price is attractive. This corresponds to the fact that the retail world is inseparable from life style.

Customer Value
Speaking in the broader context, which not only limited in the areas of retail, customer value can be defined as the perceived preferences of customers, product characteristics, performance and the degree to which what meets your desired customers.
With regards to customer value, in the implementation, Value Chain Analysis conducted to help companies identify the source and the tremendous potential of competitive capability. Like a race run then start-his is the customer needs, and the finish line is customer delight. To change the orientation of the product-focused into a customer-focused company must meet the following three stages: know your customer; deliver significant value and competitive; as well as creating a customer-centric culture.
To be able to give you a competitive advantage, it is not enough with value functionally but also emotionally. Thus, what makes customers happy? To be able to answer it first examined what to expect customers to the company, i.e., responsibility, quality, value and innovation of products and services, the overall quality of service/support, and timely presentation.

The Entrepreneurial Trajectory
Many would-be entrepreneur and entrepreneur who’s been struggling for quite a long time in the business and wanted to develop his business complained about the lack of provision in understanding what I call with The Entrepreneurial Trajectory. The inventory of the phase-phase strategic  in relation to networking, critical success factors, and uncommon practices that prevented it from.

Recognize opportunities already plural is known as the initial phase of the effort. This phase was marked by the emergence of business ideas that are not rare to come by thanks to the discussion and exchange of information with other parties that are usually contained within the social networks. In order to make this idea into a means usually accompanied the personal desire to be part of the purpose of life, for example related to the hobby. Social networking also serves as a great motivator. Actually, almost every person ever be in this phase. A person’s decision to plunge and choosing the profession as an entrepreneurial-driven by some personal good condition as well as a conducive environment.

Research conducted by Sulasmi (1989) against 22 people women entrepreneurs in Bandung shows that approximately 55% of whom had family of entrepreneurs (parents, husband, or brother of entrepreneurs). Strong traditions in the field of enterprise social networking is becoming the closest confidence modalities. Tension with condition that pressing the modalities, such as LAYOFFS hit resulted in a lack of other options besides being entrepreneurial. The condition is best someone indeed prepare to be entrepreneurial (emotion modalities).

In order to keep the focus on opportunities, business ideas, involuntariness is filtered where attractive and which are not. Many people can investigate business ideas the same but will be different in look at the opportunities that exist. Focused and linger on one idea alone is a common mistake made by beginners. Interaction with a network of professionals consisting of personal networking coupled with the parties associated with easy access to business skills and technology. Technical and management skills are important means to increase productivity and the creation of added value that enables effortless classroom teri had a snapper class results.

In order that your business idea is embodied by the business plan. Many entrepreneurial who ignore this phase and then fail. In this phase, vision and mission, direction and purpose, strategy development, human resources and other resources, organizational capabilities, financing strategies and visions of success getting its shape. A marketing plan for example, can provide some sort of attention required in aiming for people, companies, or other things appropriately. The plan can also draw attention to the person or other parties, including easy access to funds (investors). It is not possible to build businesses without access to capital. To be called feasible or bankable financing scheme requires the principle of 5 c, which includes character (character prospective customers), capacity (ability), capital (capital), condition (condition), and collateral (security). If not, there’s still a bankable financing schemes more loose requirement is micro.

medical care along with the ranks of his supporters (medical output) as well as the services they receive in comparison with the costs to be borne. All of these are subjective, based on the perception of each person. Expensive for someone could mean cheaper for others.
Self service aspect refers to a complex process. Francis w. Body in the Journal of the American Medical Association stated that the relationship between medical professionals and customers must be formed with personal attention to aspects of time, sympathy, and understanding. The essential quality that should not be missed is the concern that inhumane punishment. Concern that makes customers feel being treated humanely. The Value of this parameter in choosing a service provider, which is perceived as a quality service provider and in accordance with the customer’s ability to pay for it.

The perception of this quality is obtained based on the information and experience they have. Information on how easy it is spread in a climate of openness today. Furthermore, isn’t in this era had a role that customer no longer single? Patients for example not only acts as a giver of feedback by telling the conditions encountered when meeting with the doctor. The patient has the right to obtain information which is clearly related to what became of his interests. The customer must have the clarity of information on the procedure to be race so they can decide for yourself which action will be taken, according to the right assassin. Whenever necessary, the customer has the right to take another opinion as an alternative (second opinion).

Clarity of information is important for the customer in consideration of the ratio between the benefits and risks that will be  Not infrequently, absence of errors, infections, and counterpart the risk occurs because between medical professionals and customer communication problem occurred. Language differences to become one of the barriers are, despite the reluctance of some customers to proactively and trends of some professionals who pursue the target. In fact, fooling the patient is illegal because it has become the duty of medical professionals to educate its customers slowly but surely.

Customers who are less involved and less getting enough information is less likely to get effective treatment. As a result the customer less figure out what must be done to prevent the onset of problems such as the risk of incidence of allergies, infections, accidents, or even death. So that if a problem occurs during these pragmatist which are blamed. Though often sisterly often make all this happen, including organizational culture. To that end, the Act of scapegoating certainly not wise and does not resolve the issue. The more necessary is the redesign of the old system to the new system is better with the organizational culture which is more conducive.

iIs still a medical student, circulated witticism Kenya become doctors than, say, with engineers in civil engineering. In extreme cases this quips during each ‘ failed ‘ in his work. Civil engineer responsible for building the bridge were showered with derision and bear the brunt of suffering so the bridge is collapsed not long after the project is completed. On the other there are doctors who can not save lives patients shortly after he signed. Unlike the engineer had said that bear the doctor still suffer, getting a thank you gift from the family of contamination of patients who died. But, again, this is merely a witticism.

The illustration above does not mean absence of demands to safety in the medical world. Even among medical professionals, always sounded dictum of Hippocrates (c. 460-377 BC) which became the world’s first principle , medical. The Slogan of this Latin-speaking more or less can be translated as “the most important thing is to do no harm” in every aspect of it, both socially and economically. In this case a medical professional is required to put the patient’s interests above the interests of others. This principle is often juxtaposed with the motto ” which means patient safety is the highest law. Professional interaction with customers demanding medical trust and loyalty that can not be through yet again. Other slogans one making it appear relevant in this case in the form of  which means loyalty above everything.

In the dictum contained three implications between each other the mutual interweaving into one chain is an integral part. First, that medical professionals should be aware of the fact that they are able to do things better. That is, continuously there’s always room for improvement. The second level is to find a way, how improvements can be made. The latter of course accept responsibility to perform the task. The key word in this case is quality control.

In the context of the hospital service for example, process quality control should have been prosecuted for engaging customers. Model of the proceedings sealed that puts customers in the dark not knowing what position-what is not its time again. Customers now this is no longer the patient Javanese people say “resigned to  passively accept any course of treatment providers.  his criticism of their customer orientation appears in search of ‘ value ‘.

The significance of the Family Company in Indonesia
Realizing how the lack of literature on family business in Indonesia, the author moved to take myself pouring experience for more than twenty years helping diverse family companies into a book. Constraints in the form of a consultation period runs in more than twenty years are bridged with the research, so the information there is updated extensively in one span of the same time. As a result, a lot of interesting findings in the survey that was recently done The Jakarta Consulting Group of 87 medium-scale family company up scattered in several cities in Indonesia. This survey respondent intentionally of medium-scale family company to the top because of their position that is often made into a model for other family companies, both smaller as well as the age of his scale is younger. Among these respondents, about one-fifth of global and national markets have more even have penetrated the international market.

An overview on the development of family business in Indonesia started from close-circle family or immediate family. The majority of the respondents, represented by more than one company, stated that the family was first founded by a single fighter. The rest hired its partners that are still included in the close-circle family or immediate family, ranging from the husband/wife, brother, until a close friend. The closeness of this relationship especially related to aspects of the trust (the trust) and common vision. It is not surprising if among partners, significantly, life partner was ranked the top spot.

The plural phenomena in the family was the founder of the company has focused on the efforts that companies are able to thrive and survive. On the development of the next, when the company began to grow into bigger and stronger, a second generation and extended family, including brothers and sisters, nephews and grandchildren began to come in, even became the dynasty of family.

Surveys in countries more advanced shows most of the family did not want his work in the company. Even a survey conducted in the United Kingdom mentioned that almost ninety percent of the members of the family of the founder (the their Darwin–Wallace family members) do not expect work in the family business and only five percent of the respondents wanted to join and expect direct sit in managerial positions. While that’s the case in Indonesia  just the opposite. The majority of the founders says want their children enter into the company, and the response of any three members of the family money, want  worked in the company. These findings are reasoned with all, because the unemployment rate is so high in job opportunities outside of the family company to be recognized still quite difficult. In addition to that family ties typical of Eastern Nations is indeed relatively stronger in appeal in Western countries.

Actually, what are the advantages of mutual funds than any other type of investment?

1. first, you who have always invested will be very helpful because there are investment managers will evaluate your investment every day. You need not trouble to evaluate, because you just get his report every month or once every few months.
2. Second, you can make an investment with a small amount of initial funds amount. Some mutual funds can be started only by the initial Fund of $ 100,000,-. Imagine, you certainly cannot open the deposit with the Fund as small as it is, isn’t it? However with mutual funds, a number of funds it was able to make an investment (one) into the deposit.
3. the third Advantage is the existence of diversification or spread of risk. With mutual funds, you can spread your investment risk freely. For example, when your funds only IDR 1 million, then you may not be able to open several deposits simultaneously in several banks due to open a deposit only needed funds of at least $ 500 thousand. But by investing in mutual funds deposits, then your money can be distributed in a variety of deposits in different banks, without requiring you to have a huge funds.
4. the fourth Advantage is in terms of taxation. The purchase and resale of the products mutual funds are tax free. This is done on Government policy , to stimulate the world’s investment in Indonesia.