Posts Tagged ‘business plan’

Build Business, Buy Property

Thursday, May 20th, 2010

There is one interesting business advice that is taught by Robert T. Kiyosaki, author of “Rich Dad, Poor Dad”, which became Best Seller. Advice was sound, “After we successfully build a business then do not forget to buy the property. In addition we have an income from the business that we run, we will also gain a profit from rising property values. ” I think Kiyosaki’s true. Tips that really is the key word is the cause, why the rich get richer. Therefore, an intelligent rich people always buy properties at all times will continue to multiply in value, that’s what makes it even more rich.

However, long before reading the book, as an entrepreneur I have been practicing it since the first course. Therefore, there is additional advice I can give to you in buying properties from the profits that you build a successful business. Business proposition reads, “If you intend to buy property, not according to the capability of available funds. Even better buy a property with bank debt. Therefore, the less money you spend to buy the property, the greater your advantage. ”

Clearly, if we had a fund of Rp 400 million, do not buy a property fund worth fitting that we have. Do not buy a property does not have cash. Could the credit. So should you solve it RP 400 million for four properties, such as each of you enough to pay an advance purchase of USD 100 million, the remaining USD 300 million from the bank. Now, if you only buy one property valued at USD 400 million, then five years later you will only receive his profit doubled the price of one property only. But if the four properties, property five years later one of you who previously had been doubled to Rp400 million to Rp 2 billion. So that the four properties to be 8 billion.

Goods times you ask, why buy a property with more favorable debt? There we see good business advice from Dolf De Roos, Robert T. Rich dad consultant Kiyosaki in his book, “Real Estate Riches” Dolf wrote, “I do not buy a property to buy land, karenaitu unproductive. I do not buy property for buildings because it needed maintenance. And, I do not buy a rental property because the need of management. My strongest reason to buy property is to get debt. The reason is simple, “The amount of debt is always the same, but asset values continue to soar.”

By picking the business advice, I suggest we should not be afraid to owe to the bank to buy the property. Change your mindset, that the debt would be inviting trouble for you. It is to learn to foster confidence in the debtor so-so start with small values. But, once you succeed you are not seeking debt to the banks, but banks would likely seek to take your debt.

Nothing necessarily wrong when he appeared among entrepreneur joked that, “if you dare debt of Rp 50 million, you are the who have a problem. But if you dare debt of Rp 50 billion. Bank which will have a problem. Believe me, the more often we dare debt, banks will increasingly believe in our business. “You dare to try?

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ACCORDING TO VOTE FOR BUSINESS

Friday, May 7th, 2010

One of the difficulties when they want to open a business is determining the right business to be done. Do you have to start a business independently, joined with a friend, or purchase a franchise. Here, a glimpse of the types of business where you can choose:

Start your own
In this business pattern you are free to develop and manage everything. You can define products, pricing, and marketing. However, mental and hard work is an absolute thing that you must have. Because you are starting from absolute zero. When you are not mentally ready then you will not survive long in jenid this option. Here, you also need lots of practice and learning from successful businessman to start.

FRANCHISE
This bisinis rampant since the 1970s, when foreign franchise like Kentucky Fried Chicken, Burger King, McDonald’s, Dunkin Donuts, and others went into other countries. From there local products was rampant following the pattern of this franchise. If you relied on a train, you only take the car alone. Systems and ways of existing sales, simply buy a business license was a franchise, then you’ll be taught how to develop the products you buy, whether from operations, usage of raw materials, to marketing.
However, in order to plunge into this business Abda need some capital. If it does not have the capital, then you will not be able to lead this business. In addition, goodwill of the principal owners is needed in the pattern of this business. Does the owner provide ample opportunity for you to develop your business and purchase a license, or not.

MLM (Multilevel Marketing)
No need to think about the production process. Basically you are placed as a salesman. To begin with, the cost is also relatively large. If successful in business, many bonuses and benefits given to you from your product you sell.
This business is characterized by a system of referrals. So, besides selling a product, you should also be required to establish a marketing network by recruiting new members. Many who failed to plunge into this business, because of inability to open network and new members.

BUY BUSINESS WHICH HAVE BECOME
This is an easy way so you do not have to start your business from scratch. You simply buy a business who happened to be sold. However, you should also see a portfolio of business that you purchased. Whether a business is healthy or not. Therefore, it could be sold because the business is facing bankruptcy.

COMBINED
More often referred to as a business partner. For example, you together with your friends gather together capital. Whether it’s money or the expertise of each individual. Because the system is a combination of many people, sometimes the discrepancies are not uncommon and effort eventually disbanded.

FAMILY BUSINESS
This was the easiest type. You live a legacy of business and stay running without the need to laboriously from below. If you are an only child who receives an inheritance, you will avoid the risk of interest in running this business. However, most family businesses served by some brothers, to show consideration based on the good and bad in decision making. Therefore, professionalism must be maintained in this business pattern

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