List of Profitable Retail Business in 2019

Do you want to start a business and you are looking for some profitable retail businesses? If you do, then you have come to the right place. For those who do not know yet, the meaning of retailing business is how you obtain the products from the wholesaler or manufacturer then you sell the products to the consumer.

The reasons why retail businesses are popular these days are because of the increase in the working population, the increase in household incomes, and the increase in the demand for goods and services.

Things You Need to Know Before Starting a Retail Business

There are some things you need to know first before you decide to start a retail business. The first one is that you need to have an idea of the kind of product you are planning to sell to the consumers. You also need to plan where you are going to acquire the products.

The next thing is that you need to prepare the space. If you do not have much money, you can start by selling the products using your car, home, and even on the roadside. After that, you need to do some registrations in your business.

In this case, you need to open a bank account and obtain a sales tax registration. After you take care all of that, then you can start to open a retail business.

Opening a Grocery Store

Most of the people in the whole world need the grocery store to fulfill their basic needs such as kitchen supplies, spices, soaps, shampoos, food item, baby supplies, and etc.

Opening a grocery store as one of the profitable retail business in 2019

Finding a good location to open a grocery store and then buy the products from the wholesaler at a low price then finally you can resell the products at a competitive price to the consumers. If you these kinds of things, your retail business will surely give you many profits.

Offering free home deliveries will also improve your profit. You can also upgrade your product range to include confectionery products such as biscuits, butter, bread, and chocolates.

Opening a Stationary and Book Stores

Opening this profitable retail business is perfect because you do not need any specialized knowledge to open one. You can sell school books, story books, magazines, notebooks, pens, pencils, colors, educational DVDs, and even toys. To make more profit, you can also sell products which other bookstores in the area do not sell such as modern educational gadget or creative art kits.

Opening a Garment Store

The last retail business which you can open is the garment store. We all know that people spend both their money and time on garments. This is why opening an apparel store will bring you many profits. You can stock a variety of undergarments such as kids wear, ladies’ wear, men’s wear, winter wear, office wear, and party dresses.

Those are the short explanation about what is a retail business, things you need to prepare, and the list of profitable retail business which you can start in 2019.

How Does Digital Marketing Agency Help Your Business?

At least for the past two decades, it seems that many businesses have been considering that participating on internet or online network is important. Involving in social media platforms, building and developing a website then playing the important role for increasing the business value that have becoming part of digital marketing strategy. It is then leads to the creation of services offered by the online marketing agency where many businesses will need them.

Way digital marketing agency will help your business

Digital marketing agency is a sign of how the world of marketing has changed. You are no longer need to do all the online marketing plans and strategies yourself, moreover if you can’t afford to build a team for that. There are always the agencies that are opening their doors 24/7 that ready to tell you how they can help your business.

Ways of digital marketing agency help you developing your online business

When it comes to talk about the marketing field, it won’t be far to mentioning about how to get the potential targeted market. While the traditional marketing is failing to reach and get more audiences (customers) like it used to be, digital marketing agency will help you out to use and maximize various online resources and platforms that can help your business to find the new paths to grow.

One of the digital marketing agency is offering the businessmen is how they will have the custom and professional website that are uniquely designed to stands out from the competitors. The site itself will be branded with an impressive logo, professional product images, videos and so on to be seen trustworthy by the customers.

Not to mention that there are some digital marketing agency will also armored with the SEO team to help the businessmen to have a better rank on Google. And that’s became one of what the agency’s services.

The other followed services the digital marketing agency offering us are the graphic design especially for branding the business, photography or even a photo studio for professional image and video creations, website design and development, social media advertisement platforms, and many more.

Just simply find an example of that and you will realize that there will be such agencies with those services. Or you can actually look and visit the digital marketing agency Bali to save your times.

You will also realize that all the end results of what the agency is giving you are mostly digitalized such as photos and videos, website development, social media ads and many more.

By the present of those digital resources, you will then have a higher chance to reach more audiences ever since many of us now are accessing the site through our own phone all the times. So do when we are sharing information or photos through social media platforms where it is possible for us to spend the times that can be 2 or 3 hours a day.

All I want to say is that we can be found online as the user of a platform all the time.

The digital marketing agency itself will then find ways to reach you as the audiences of a business. If you are for the past hours or days are often looking for the camera’s price comparison, then the blog you are accessing or the social media account you are logging in now will be possible to displaying the relevant product as you have been searched before.

For this case, the digital marketing agency will help you out reaching your business prospects through social media advertisement or even participating in Google Ads to get more audiences.

It seems that it all about how many people you can reach daily using social media and website. Later, then you will know how the conversion rate is works for your business. Out of 1,000 website visitors a day, you may are getting at least 10 new customers which is mean that you are getting 1% conversion.

No wonder many businessmen are trying to hire the digital marketing to help them improving their site traffics or getting more likes for their business’s Facebook page and Instagram followers. The more site visitors or engagements in social media, can be better for the business.

Have I been forgot to mention about branding the business itself through online platforms? That will also possible for your business and if you don’t know how to do them all, then simply finds an agency for that.

Good Preparation on an Ornamental Plant Business

An ornamental plant business is still a very potential business in the future. But if you want to seriously pursue this business, you should first learn the ins and outs of this business well. In addition, prepare everything so that you don’t get caught up in the trend of the ornamental plant business which is sometimes momentary. Well, consider some important points below to make it easier to start an ornamental plant business!

Sufficient knowledge of ornamental plants

Preparations for an ornamental plant business

It is difficult if you want to open a business in the ornamental plant business but has absolutely no knowledge of the plant itself. Maybe all businesses are like that, but in relation to the ornamental plant business, it can’t be delayed anymore.

You must have qualified basic knowledge to start opening the business. Because if you do not have enough knowledge about ornamental plants, it is possible for ornamental plants that you will make the business can wither or even die before being sold.

Look for as much information about ornamental plants, how to treat it, how to make it more beautiful and more. You can browse, or more comfortably if you directly learn from experts or experienced.

Strategic location

A potential location is a crowded location or easy to reach by potential customers. But if you are forced to not have a location like that qualification, you can use what is available first.

You can use your home as a business location for a while. Consider the area you will use for your business. Because a little ornamental plant business requires a wider area as a place to display your plants.

In addition to the considerations above, you also need to pay attention to the suitability of the temperature of your area with the ornamental plants that you will manage. If the plant does not match the temperature, it is certain that it will not be maximal or even can die.

Pay attention to the selection of ornamental plants

The right choice can make the ornamental plant business lasting and still exist. There are many types of ornamental plants that can become promising business commodities. If for example, you determine interest as a business that you will pursue, then choose flowers that have stable selling power and not just seasonal. In addition, because you are still in the starting stage, you can also make maintenance costs in treating ornamental plants.

Or if it feels too heavy in managing several types of flowers at once, you can start by focusing first with one or two types of ornamental plants. Only after you feel there are good developments, can you add new types of ornamental plants?

Prepare Planting Media for Ornamental Plants

Planting media is the main thing in the business of ornamental plants. Quality planting media will be able to keep your plants fertile and fresh. So you must also understand how much the planting media needs for the plants you prepare.

How big is the need for planting media, how you should know the efficiency and effectiveness of it? If you are able to make your own planting media, it will be much better and can minimize costs in the preparation of the ornamental plant business.

Those are some simple tips for your preparation if you want to pursue an ornamental plant business.

Profitable Traits Landlords Should Own

Owning rental investment property means you have asset to manage. In order to gain profit from your property, you are not only managing your property but also tenants as well as maintenance. Of course being a property investor as well as landlord requires lots of task to handle. However, it’s going to be worth it once you can handle them all just fine. Being a successful investor and landlord is not every day. It is not only an easy thing to achieve. However, it is not something impossible especially if you know what profitable traits you should own in order to be successful in your property investing, especially in rental property.

Landlords with profitable traits for successful investing

Managing the property needs lots of hard work. Most importantly, you need to work with property manager to have everything sorted out. They can help you getting the right tenants and keeping them. And of course, they will also help you managing your finance. However, it is also important to have traits which are profitable not only to make you a better person but a better landlord and successful one. So here are examples of what traits you could possess as landlord and investor:

Treat your property like a small business

This is the right trait you should possess when you own a property. When you treat it like a small business, you will realize that you should manage everything organized. You should be willing to work with property manager. This is the way to make your job easier as investor and landlord because they can help you manage major points of your property business. However, it is also important to choose property manager that is proactive and protective of you as well as your interest as landlord. Make sure that you inform property manager to give you regular reports, reviews, and advice about everything happens to your rental property.

Keep a good term with tenants

Aside from business relationship with property manager, you should also keep a good term with your tenant. Not every landlord is willing to make good relationship with their tenants. However, keeping on good terms with your tenants is a good trait because you can get benefit from it. You don’t have to build friend-like relationship. You just need to make sure that you keep open lines of communication with them. Thus, they won’t be afraid to make reasonable request and you can keep them happy. Content tenant means less hassle you need to deal with.

Understand and educate yourself

Another profitable trait you should possess to be successful investor and landlord is the willingness to understand your own strength and weakness, and never stop educating yourself. You should know that sometimes you need help from others or need other’s skill to solve your problem. It doesn’t make you weak. In fact, it makes you smart because you know your capacity of your work. It is also important to keep yourself educated especially about property business and market. You can read related books or listen to some advices from experts and professional.

Select Seminyak Villas for Your Holiday in Bali

The list of the reasons why Bali has become one of the most visited destinations for retreat goes on and on. There are many aspects from Bali which keeps making people curious to visit and want to come visit again. If this is your first time in Bali, it is recommended to stay at one of Seminyak villas. Of course, Bali has large areas where you can venture to. Seminyak is not the only place you can visit for your holiday in Bali. However, Seminyak has everything you need to really enjoy the finest of Bali. You can easily spot fine restaurants, chill bars, boutique shops, fun café, beaches, and many more. It alo grants you easy and fast access to the airport.

Seminyak villas to choose

Compared to other areas in Bali, Seminyak can be considered as one of the most crowded one. However, it doesn’t mean you can’t enjoy serene vibe. You can still find piece of tranquility from the accommodation you choose. That’s why renting a villa is more recommended for you during your holiday in Bali. There are lots of villas in Seminyak that you can rent. To make it easier with searching and booking process, it is recommended to use a rental villa management company.

The Best location for accommodation in Seminyak

Seminyak is situated between Legian and Canggu. That’s why it grants you great access to most important places within close proximity. Thus, you won’t waste much time venturing around the place.

Petitenget is one of recommended area where you can stay and find the best villa to rent. It is located in more north of Seminyak. In this area, it will be easy for you to find boutique shops and fine restaurants. The villas situated in this area mostly offer luxury features started from amenities, services, to facilities.

Another recommended area is Jalan Kayu. This particular area has become one of the most popular places to stay since it is one on the main streets in Seminyak. However, its location is more inland and your access to the beach is not in short distance. This place is more suitable for peaceful retreat.

Double Six Beach is also a popular area amongst tourists. It is situated in the southern area of Seminyak and closer to the borders Legian. This is also famous amongst young travelers who like to chill and fun while enjoying their time in Bali in slower paces. Aside from hotels, there are various villas situated in this particular area. Thus, it is recommended to book beachfront villa so you can enjoy the view of the beach anytime you open your eyes.

Booking one of Seminyak villas in Bali is relatively easy, there are no complicated procedures and the payment method is clear. It is also recommended to book villa that really fits not only your preference but also needs. You also need to remember that the prices change depending on the season. During peak season or school holiday, the rate will increase and it will relatively go lower during low season.

Researching the Sites for Your Property Development Project

As an investor, you must have known already that location or site is important in property investing. Of course, buying an investment grade property is crucial. Thus, it is also important to research about the site first when it comes to property development process. There is so much of a site can tell you when you look at it. It is not only about where the site located but also about the general element of it should you research thoroughly. Remember that every project is unique so it requires different site to be perfect. Property development is a complex project to finish. Thus, researching the site is only the first step you need to take before taking another one.

Researching the Sites for Your Property Development Project

Why researching the site

Experienced investors are most likely braver enough to take property development project as their investment. It is not a small project because it involves big budget and higher level of risks. However, their goal is to get financial rewards at the end of the project. Everything needs to be started from by finding the right site and prepare it.

The reason why you should research a site is to find the perfect location for your development project. However, it is more than that. By researching the right site, you will get the chance to meet people who could be incredible at their work. While researching the site, you need to research the local market and contact reliable real estate agent as well as property strategist.

It might be a hassle to go from one place to another just to find the perfect site. To help your work goes smoothly, you need help from property strategist and real estate agent. Aside from them, you can also contact buyer’s agent who, of course, have knowledge of the local market that you can rely on. Furthermore, the people you should contact include people in the planning department at the local council. They are important to contact because they can give you important overview.

Don’t rely on cheap property

As investor, you must think a lot about your budget and general financial plan. It is common to think that you could save some money if you buy property at lower price. However, it is not always good to buy cheap property. The right thing to do is to buy investment grade property including when you are looking for the right property site. It is also important to not overpay. You need to make sure that the property you buy is worth every single penny you spent.

To make the right decision on which site you should choose for your development project. Do not use your emotional or personal attachment. This can mislead your thinking. Use only financial viability when choosing development site. Before researching, make sure to make a checklist of development site you want to invest. If all point of the development site are on your checklist, you need to buy it at the right price. If there are some points missed from the checklist, move on to the next site.

Small Online Business Should Also Invest In SEO

We have been known that since the past decade or even more than that, people are using the Google or Bing (search engines) to find information up to buying and selling things on internet.

That is happening until today and even the statistic is proven that there are more and more people are making use of the search engines since gadgets and phones are now possible for that. At the same time, the internet speed is also increasing.

Today, people or users are getting easier to access many things, so many businesses are taking advantages of that. Even, there are many of the businesses you haven’t been heard before, they can be the successful ones until today. Take the startups as the example that are offering products and services through the mobile apps that are connected to the internet. So do the websites that are used for online businesses just like the online shops, online marketplaces and more.

The thing is that, the more businessmen are realizing about this, the higher of the competition on search engines. Many businesses are trying to be on the first page of Google or even the number one on the list when users are looking for the related business or industry or products, etc.

The new small online websites for businesses today are competing with the older ones that have been popular, have been built for ages, the brands have been spread for years, and many more challenges that can make the new sites hard to be found on the first page of Google or not even included into the page 10 of it.

Why the new and small online businesses should invest in SEO?

There is an issue that I have seen for many of the small businesses that have been built their own site. It is the businessmen that are considering the sites as important, but don’t know how to take more advantages of them.

The worst case is that, they don’t even want to think about how to optimize the site so the small online business that just built is keep as the small one. Nothing important development that can be get from the website they may have been paid so expensive.

Using the website for online business is as simple as getting more “places” to be used for your business present. The more people are knowing about it, the better. Then, the higher chance you will sell your products or services.

And to bring more traffics (visitors) to your online business, you have to think about investing in SEO (Search Engine Optimization). The reason is also simple, Google is the most popular search engine in the world. Many users are using it and if your site can be found on Google for certain keywords the users are looking for, then your business can be easily to be developed as well.

Let me gives you an example for this. Let’s say that your online business is offering the “AC repair” services. Then, in your region, people may are typing the keyword on Google like: “cheap AC repair Bali.” Would you like to target that keyword since let’s assuming that it is one of the most popular query in your area for related keyword?

Example of why small online business should invest in SEO services

If you want, then you can start optimizing that keyword so your business can be popular as well. But, do you know how you can do that?

If you have not a single idea how to start your SEO campaign, then you will need to have a new plan for that. You can hire the freelance SEO specialists, a Bali SEO agency since your business is at the same region or even the bloggers to help you out with that.

Because it is hard to deal with SEO even if you know about it since you may not have much time to working on it

So that, recommending you to start thinking about investing in SEO services is considerably important especially your online business itself can be the main source of customers you can potentially get.

I also want to inform you a thing. Do you know that even a domain name for the website can even valued up to thousands or millions of Dollars? What if you online brand can be so popular than the others since your site visibility is the highest than the other sites for months or years?

Later on, SEO will not only how you will increase your site’s visitors or brand, but it will also contributing in increase your small online business value as well. Give yourself the time to think about it from now on!

Why Energy-Efficient Property Will Be Good For Business

If there will be the future’s most wanted business in housing, I am sure that the energy-efficient property can be on top of it. Either it will be the first or on top of the 3 choices.

I have no idea when it is started, but it is surely there’s a significant increase where many people now are requiring for the green features that can make their living a little bit efficient; economical and eco-friendly at the same time.

Energy-efficient property is a good business for future

Who doesn’t wants to experience that, right? So that, there may the next increases in the future as well about the energy-efficient property where it can be one good sign for the property business owners or investors to think about this.

Let’s digging a bit further about why this energy-efficient property business can be the great business you should be involved in.

1. Beneficial for the property buyers to save a lot of money

Homebuyers and many of us are always paying the utility bills every single month until forever. No matter how good they are using the utility, they are still trying to save the energy usage at home everyday.

Meaning that they are also trying to save a lot of money by saving more energy so the bills won’t break the bank account.

So that, searching for the energy-saving improvements property can brings benefits for the homebuyers especially to save more of the money and spend them to fulfil the other needs.

2. Energy-efficient property offering the healthier living experience

When the first time I was mentioning about the eco-friendly property on above, it wasn’t only referring to the living in the good quality of environment, but also how it does affecting our body and mind.

Whether you will build your own home or finds a property to buy, we are also considering about how comfort and good to live in.

Surely you can buy or create your own comfort, but when it comes to housing, you’d better thinking about the eco-friendly property so you can live healthier. It won’t be comfort any longer if you are getting sick over time.

That’s why the energy-efficient property offers can be interested to many people who are requiring to live in a place that won’t only promising the comfortability but also the healthy life style.

3. Contributing to a better environment is always the good business, don’t you think so?

I know that there such good business like mining that helping the people around the world by the energy it provides. But, there must be the price we should pay where deforestation is also increasing and threatening the living creatures.

If you are agreeing with me, the energy-saving property should also be the great business forever since it will providing us the residence that will decrease the usage of energy in each of houses. Moreover, most of the energy resources we are using today are limited so we do really need the other possible ways to deal with that condition.

There is the alternative energy for us, sadly it takes time to be spread to the world and another challenging is that there are not many regions that can adopting the concept since it can be so expensive to implement the technologies.

But, we’ve got a simple way to start living while maintaining the environment. It is the energy-efficient property you can choose to lived in.

How to Face Selling Agent When Buying Property

Buying a property is not as simple as it looks. It is not like buying a snack in the convenient store. Besides, buying a property investment should be different from buying a home to live in.

Facing the property selling agent the proper ways

when you are buying a home to live in, your emotional feeling can be involved because you need to a place to live comfortably.

You need to choose the right place to call home. However, buying property investment should not involve any emotional feeling.

Besides, it is possible for you to face a selling agent when you are buying property investment. And it is one of the challenges you need to take.

Facing selling agent properly during property purchase

To face a selling agent, you need to make a plan beforehand. They are not simply selling property investment to you. They also try to gather information they are going to use to make the deals that benefits them either now with you or later with others.

Showing too much enthusiasm or poker face should be in the right amount. Here are some tips to face them properly:

1. Hide the budget from the selling agent!

Do not reveal you planned budget to selling agent.

Before buying property investment, you should set a budget and you should stick to it. You should decide how much you are willing to pay for property investment and the number should not be revealed to selling agent.

It is you and your team that should know about it. Knowing potential buyer’s budget can be a good source of information for selling agent.

They can use it against you during negotiation. If they know you have more money, they will try to increase final sales price instead. Thus, you can just give them general answer when they are asking about your budget.

2. Don’t get too much enthusiasts before the agent

Another tips is about your enthusiasm toward the property investment. Showing too much eagerness won’t do you any good. However, giving silent treatment to it won’t you any favour either.

Selling agents are trying to find interested parties. If you tell them you are not interested, you are not the fit candidate they are looking for.

It is important to show how you are interested to the property investment through communication. Be professional about it though without showing personal interest where you show too much emotional feeling or attachment. 

3. Identify the best timing

Real estate transaction depends on timing more or less. It will be more advantageous if you or your buyer’s agent research more about the timing requirements of the seller beforehand.

For example, there are selling agent that need a quick sale. If you find this opportunity, you can turn it into your benefit during negotiation to get the best deal.

However, it also works the other way round.

Selling agent will try to find out if you are in need to find property quickly. They may use the information in the negotiation as well.

Therefore, make sure to set the pace and consider every factor thoroughly instead of making rash decision because your focus should be on long-term goal.

Knowing Neighborhood’s Crime Rate before Buying a Property

When you decide to invest in a property especially for residential one, safety is one of things you should put on your checklist. Buying a property or like a house for a family to live in means you need to means consider many things such as security, proximity, convenience, and many more. In the matter of security, it is important to investigate first about the neighborhood’s crime rate before you decide to buy a property. Nobody wants to live in a neighborhood where the crime rate is pretty high. Everyone expect for safety and comfort when it comes to a home to live in.

Knowing Neighborhood’s Crime Rate before Buying a Property

Investigating neighborhood’s crime rate before investing

Robbery, theft, trespasser, and many other types of crime are things that everyone want to avoid. Knowing how safe your local area is before investing is necessary whether you are going to pick a single-family house or second investment property. Here are reasons why knowing the neighborhood’s crime rate is important in searching property to invest in:

  • Regardless of what kind of property you are going to buy, knowing the crime rate of its neighborhood is necessary because it is not only to ensure your safety but also the overall matter including your family and the people who are going to occupy the property in the future. It may seem a hassle to investigate or do some research about the crime rate before buying a property. However, you can research the most recent crime statistics for the area. You can even access the data online.
  • You need to keep your belonging safe whether it is the property or the things inside. That’s why you need to make sure that the neighborhood of the property you are going to buy has lower crime rate. If you are unsure about the data you gain online, you can pay a visit to the neighborhood. Physical visit may ensure you better because then you can actually analyze the surrounding of the neighborhood. It is recommended to pay a visit both during weekdays or weekends so you can get more accurate perception of the neighborhood.
  • By choosing low crime rate of the neighborhood where the property you are going to buy is, you can save dollars on your contents and home insurance. Remember that crime rates of the neighborhood will be taken into account by insurance providers. It is to determine future claims. If the crime rate is high, you will automatically needs to pay more for the premium.
  • Knowing the state of the crime rate of the neighborhood, at least you will feel more relieved because then you will feel safer as well as the people who are going to occupy the property. To get better understanding about the neighborhood’s safety, you can also ask around the locals. You can pay a visit and speak to some locals casually in a coffee shop. If it is too awkward for you to do, you can ask the local real estate agent instead.