Tax-Saving Tips Small Business Can Consider

Tax-Saving Tips Small Business Can Consider
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Running a small business can be stressful because you feel there’s too much on your plate already. You have to take care of marketing, payroll, product development, distribution, and taxes. It is important that you gain some basic knowledge of the tax system so you know what you have to do to file it right. Even though there is no replacement for an expert, at least you know the importance of filing tax properly. 

How to save on your taxes

It is understandable that with small business you are trying to build, you have not year afford to hired a professional to handle your taxes. However, there are more alternatives for you to have pain-free filing process. For example, you can consider using accounting software to guide you. And here are several tips you can consider as well:

Pay attention to your adjusted gross income

Your adjusted gross income is useful for saving on tax because it directly impact the deductions and credits your business is eligible for. Hence, it is strongly advised that you check with your accountant or tax partner for specific guidance on how to calculate this plan for tax season. 

Know how you spend your money

To maximize your deductions, you need to know how you spend your money throughout the year. Tracking down your expenses is also beneficial for managing your cash flow. Hence, organize and track receipts to make it easier for you to log deductions correctly and accurately. Also, having those receipts will be useful is your business is audited. It is what you can use to report properly with valid proof. 

Avoid penalties from late payments

Your tax can become a heavier burden when you also have to deal with penalties due to late payments. Therefore, avoid last minute payment because it only brings in more problems to deal with. Get your documentation together early in the year and to avoid potential unforeseen expenses as well. To help you cover tax payments and avoid late fees, you may consider short-term working capital and business tax debt loans. 

Consider restructuring your business

The type of business entity you choose will have its own taxation policies and deductions. Hence, it is recommended that you choose mindfully of what business entity to establish before launching. If you have already built your own small business, you can consider revisit your business structure every few years to see if there is a need for reclassifying it. If it is going to meet your goals and financial bottom line, then the idea of restructuring your business entity might be for the best. 

Consider using software

Aside from relying on accountant or third-party tax partner, you can also consider using software to help you make tax preparation and filing process more easily. Using the right software, you can reduce the likelihood of errors. You can choose filing software with features that help ease your work on filing. It is considered as one of the most efficient ways to complete a tax return especially for small businesses. 

Is Pool Worth the Investment for Your Villa Rental in Bali?

Is Pool Worth the Investment for Your Villa Rental in Bali?

Installing a pool is something that every homeowner who wants to increase the value of their luxury villa rental in Bali. Especially because every villa in this island virtually have its own private pool. A swimming pool provides a secluded place to relax and is frequently thought to significantly boost a rental’s value. A pool will almost always add value to your home, both in terms of raising its value and in terms of improving your personal value. Your guests would most likely appreciate it, however, the logistics can be challenging. Is a pool a suitable long-term investment for your rental property, or will the maintenance costs become a liability? Should you add a private pool to your villa rental Bali just because everyone else is doing it too?

Keeping Up with Your Competitor

Every holiday spot is a little different from the next. Rentals with pools abound in places like Bali, so it make sense if you want to catch up to your competitors. Booking a vacation home with this feature makes sense for most visitors who are there to swim, tan, or have a drink by the beach. If you want to stay competitive in a luxury villa rental market in Bali, you should consider a pool-equipped house.

Finding a rental with a pool in other places, on the other hand, can be challenging. This amenity will set your property apart if you’re lucky enough to get one. Additionally, guests will be willing to pay a small fee per night for this premium service.

Adding the Desirability to Your Luxury Villa Rental in Bali

Adding the Desirability to Your Luxury Villa Rental in Bali

Travelers come to Bali to relax and have an ultimate tropical getaway. And what is a tropical vacation without days lounging in the pool? Having a pool or spa in your vacation rental Bali is a luxurious addition. The majority of people associate having a pool or spa on their property with summer events, BBQs, and relaxing in the water. It might be a gorgeous rooftop pool or a vast pool in the ground.

More Vacation Rental Business Insight:

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A Pool Need Regular Maintenance Regardless of Use

If you’ve ever owned a luxurious villa rental in Bali with a pool, you’ll understand how important it is to keep it in good shape. Every time a guest leaves, you or a cleaning service you employ will need to remove any debris from the pool. For this service, a cleaning service may charge an additional price. Depending on the type of pool, long-term maintenance will seem different. A chemical pool, for example, necessitates continuous monitoring to ensure that acidity levels are maintained while still providing crystal clear blue water.

Even if your pool is too cold for guests to enjoy, you’ll have to pay for its care. If you own a vacation rental in the Kintamani highlands or Mount Batur Bali, for example, guests will most certainly be unable to swim due to the cold weather. That means the pool will cost you money for the most of the year while adding no value to your property.

Think of the Design of Your Swimming Pool

Consider which pool style will suit your needs the best. Examine how the pool’s design will effect the types of guests you’ll have a second time. A large shallow step, for example, would be useful if you host families with kids. You might also want to install a kid pool if your target market largely include travelling families. If you’re catering to business travelers, a lengthy pool would be a nice idea to allow for a few laps in the morning before heading to work. Within your means, try to cater to as many different types of guests as possible.

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Liability in Times of Accidents

Hopefully, dozens of people will be able to enjoy your pool without any problems. However, as a vacation rental owner, you must be prepared for the worst. If a guest is injured while using your pool, you could be held personally liable. To place yourself in the best possible situation, you might speak with legal specialists and insurance providers.

Things That Can Destroy Your Brand

Providing impressive products and services must be the goal of every business. It is what leads to profit for the business indeed. The problem is, there are other factors outside products and services that can cause problems in your attempt for achieving success. It is the relationships between brand and consumers. Just like any other relationship, it should be nurtured constantly to last long. Problems will arise inevitably because your brand will not always be perfect. The key is how to solve the problems and responds to what consumers need and demand appropriately. 

Angry couple claiming and shouting to an office worker

Excellent customer service is vital

The key for long lasting relationship between brand and consumers is customer service delivery. When your brand is able to deliver excellent customer service, it is highly likely for consumers to stay loyal to your brand. They know that you will always have their back even if you have problems to solve. Therefore, a problem in maintaining solid good customer service can be the cause of your pitfalls, ruining your brand and its online presence as well. 

Things that ruin your brand and its reputation

There are things that can ruin your brand and its online presence. Most of them are linked strongly to your customer service, such as:

Broken products or services needing constant customer service assistance

If your products or services need customer service assistance constantly, there might be bigger problems you need to find. It is probably something is broke, or that the instruction is not clear enough. It is also probably because consumers don’t expect what they are receiving. Make sure to evaluate your products and services while giving solution to your consumers. Avoid giving vague responses and don’t aggravate your consumers even more. Assist your consumers to properly learn what your company offers.

Poor employee training

Your employees, especially those who are in customer service departments are like the face of the company. They are the ones who constantly interact with consumers. Improper training to the employees will lead to customer service disaster, ruining the reputation of your brand. Hence, make sure to properly train your employees on how to deliver excellent customer service. If your employees don’t understand the use of social media, train them until they are skilled. Or, choose more experienced employees who understand it better for efficiency. 

Using no strategy in managing social media

Social media is a platform that is considered to be one of the most effective to boost a business and brand’s reputation. However, social media is like a double-edged sword. It can make or break your brand’s online reputation if not handled well. Hence, make sure to use social media with the right strategies. 

Appoint someone who understand well how social media works. Make sure that you always know what is happening around your brand and the world outside of it before trying out new strategies. A careless error will be imprinted in social media history so be mindful when managing your brand’s social media handle. Use social media to boost your brand’s reputation and increase networks.

Tour Komodo Labuan Bajo, A Practical Way To Enjoy Flores 

In contrast to tourist destinations that have interesting places for city tours, Labuan Bajo has the unique waters of the Flores Sea. Live onboard and island hopping are the most attractive tourist attractions in this place. Travelers can visit small islands. Tour Komodo Labuan Bajo brings you to enjoy the blue sky, trekking up the hill to enjoy the natural beauty from a height. Diving and snorkeling activities are a mainstay to enjoy the natural beauty of the underwater world whose water is clear like glass. To get these ships, we can find them at the pier not far from Labuan Bajo Harbor, where the ferry docks.

How to get Tour Komodo Labuan Bajo boat?Tour Komodo Labuan Bajo

You can rent a boat that is widely available at the Labuan Bajo Harbor pier, or book in advance to ensure that the ship we want is available when we arrive. Taking a Komodo cruise Labuan Bajo is the only way to see everything that lies between Flores and Komodo. Cruise in a modern take on the Indonesian Phinisi for a more authentic sailing experience. Let’s check the Komodo liveaboard to explore Flores. 

Magia 2 Liveaboard

Magia 2 is a work of art that combines traditional Phinisi architecture with foreign architecture. A yacht made entirely of the finest teak wood and decorated with the French wallpaper and Italian lamps will undoubtedly spoil everyone who wishes to join the voyage. Come aboard to see the wonders of this luxurious yacht and prepare to be enchanted by its enchanting atmosphere.

magia 2 liveaboard

Boat size: 25 meters

Capacities: 10 guests


  • 1 master cabin
  • 2 guest cabin
  • 1 VIP cabin

If you enjoy water sports, Magia 2 offers a wide range of gear and equipment for popular activities such as diving, snorkeling, kayaking, and many more. It is available to all guests at no additional cost. In terms of diving, a professional trainer is present to guide both novice and experienced divers.

Jakare Komodo cruise

The high-end boat has enough space for 10-14 people to enjoy the cruise trip. It is a family-friendly boat that is ideal for your children’s first sailing adventure. Jakare boat represents the state of the sailing art after a two-year construction process. The boat was built in Tanjung Bira, South Sulawesi, and it now takes visitors to see Indonesia’s prosperous archipelago around Flores Island.

Jakare Komodo cruise sundeck

Boat size: 30 meters

Capacities: 10 adults + 2 kids


  • 2 standard cabins
  • 1 family suite cabin
  • 2 premium central cabins

There are solarium, relaxation, and yoga areas where parents can relax and breathe in the fresh sea air. While the kids are having fun with their new friends.

Read also: Komodo National Park Cruise, Witness The Remarkable of A Huge Dragon

Samara II Liveaboard

Samara II is another luxury Phinisi that has been specially designed to please every voyager. With a smaller size than the first Samara boat, this collection is an alternative for visiting the world-famous Komodo Island. Each boat, regardless of size, has its own unique authenticity and features.

Samara II Liveaboard labuan bajo

Boat size: 23 meters

Capacities: Up to 1o guests


  • 2 cabins (one double bed) & 2 cabins (one double & 1 single bed)

This is a Phinisi that gives you the best chance of having an unforgettable Komodo trip. During the trip, the open spaces on board will be a great place to hang out with your cruise mates.

How To Stay Ahead Of Your Competition

Staying ahead of your competition is important to ensure a successful business. Every business goes in the world must have already known this and that’s why the competition is getting tough each day. However, it is not so easy to do because it is more complicated than it seems to beat your competitor. Also, you have to do it fairly and legally if you don’t want to get into trouble. 

Happy businesswoman crossing finish line during race business competition

How to lead a successful business and beat your competition

There will always be competition in every market even if you think you have a unique niche in the industry. The main purpose of beating your competitors is to increase market share. And the way you do it is not by crushing your competitors to the ground but by nullifying their effects in the market. And here are some useful tips to help you stay ahead of your competition:

Identify and solve the pain points of your customers

You and your competitors might have a shared target audience. The way to beat them is by addressing the needs of your shared target audience better than your competition can. Be more proactive in identifying the pain points by asking them open-ended questions about what they want while using your products or services. Then, help solve the pain points by providing solutions with the best explanation that your customers can understand clearly. Remember to solve your customers’ issues rather than just sell products or services to them. 

Use storytelling and specialization

You need to build a unique niche in the market to stay ahead of your competition. And you can do it through storytelling and specialization. It is because it is almost impossible to have no competition at all. However, you get closer to it if you can build a niche. Storytelling is a great way to build emotional and more personal connections with customers. It helps build relevance between your brand with your customers. With specialization, your prospects become easier to target, resulting in a good retention rate. 

Consider setting competitive pricing

Even though pricing strategy is not the most effective alternative for businesses to stay ahead of the competition, you may consider it to some extent. Make sure to make thorough calculations before setting the price point. You need to determine the ideal price point first while researching which competitors offer the best value. Make sure what you are going to offer brings more value to the table. Hence, it doesn’t matter if you set a higher price if it brings more value to your customers. 

Do not be afraid of changes

Flexibility is one of the best weapons for a business to grow successfully. With it, you will be able to pivot according to the situation that requires. In business, change is constant and you will get nowhere if you are persistent with something that brings zero impact to your business. Try to identify which model your business may need to be changed and see what other alternatives you can execute for more successful growth, ahead of your competition.

How are Bali Contractors Boosting The Local Economy?

The development of villas, resorts, or hotels in Bali is increasing considering the high number of tourist arrivals who need accommodation during the high season. Balinese construction requires high precision considering the different soil structures.  You must exercise caution when hiring Bali contractors or builders to construct your home, villa, resort, or hotel. There are far too many builders, contractors, and subcontractors who add no value. They only add to your anguish and frustration. Working with these people or companies is nearly impossible. 

bali villa construction with green concept open space

It makes no difference whether you work with a repair or maintenance contractor, a general contractor, or a builder. It is preferable to hire a dependable construction services company that will never let you down, or even better, work with a contractor guild. A guild of contractors is made up of well-known companies and individuals who are knowledgeable, experienced, and trustworthy.

Bali Contractors & Construction’s Issue

The truth is that Bali has issues with its water, waste management, traffic, and power supplies. Local communities are being pushed aside in the name of progress, or are being ignored in terms of opportunities, and education needs to be revamped. With such a rapid pace of development, it would be easy to overlook some of the basic construction projects in Bali that are necessary for long-term growth.

The issues are serious, and all stakeholders must work together to address them so that future generations can continue to enjoy Bali’s beauty, growth, and success. The construction of villas, hotels, and resorts with the concept of green construction is an attraction for domestic and foreign tourists. Aside from construction, other business services experienced reasonable growth, including Health and Social Activity services.

Investor awareness of the accommodation needs of local and foreign tourists. Carrying the concept of green construction is able to keep Bali more sustainable. 

How to choose a Bali construction company?

There are numerous benefits to hiring a building contractor from a guild. To begin, many contractors join forces to form a union, and these are typically large business firms. It is preferable to do business with them rather than with a small local night-flying operator with limited experience, qualifications, and goodwill. Remember that a guild is a team, and its members will come from all walks of life and companies, with varying levels of experience. 

You can be confident that your job will be completed by experts, no matter what it is. They will have prior experience with both large and small jobs. In other words, you can find the best contractor for your specific project. When you hire building contractors from a guild, you can be confident that the materials used for your project will be of the highest quality. It makes no sense for them to use low-quality materials to increase their profit margins at the expense of their reputation and goodwill. The loss will be significantly greater than the gain. This is why Bali construction companies, investors, and local peoples just need a change of mindset.

Should You Learn A Language Before Travel?

Travelling is such a valuable activity since it can broaden your horizon and open your eyes to many more things in the world. Travelling to a totally different place from your country is also a great opportunity you should take. You will get to learn more about the diversity of culture, meet new people, and visit new places that have different beauty than what your country has. Of course, travelling to foreign country has its own challenge and one of the biggest of it is language barrier. English can only take you so much though. What if you learn a language of a place you are about to visit?

Learning a language before visiting foreign land

Many travelers thought that their basic English can take them everywhere since it is a universal language. However, there are more places where the people don’t speak English at all for various reasons. Learning a language before visiting a foreign land is actually strongly recommended. There are so many benefits you can get, such as:

It can be a form of respect and care to show the locals

By learning and speaking the language of the locals, you show that you care for the culture you are in. It also shows that you respect them and that you are eager to learn more about their culture. There is a saying that if you talk to someone with language he understand, it goes to his head. But if you talk to someone with his own language, it goes to his heart. 

Building connection rather faster with the right person

Travel is something unpredictable regardless how prepared you have been from the beginning. You might face various challenges and hurdles along the way. But when you become conversational in local language, you get in touch with the right person at the right time. Also, you get a chance to position yourself right in the middle of the culture. For example, with your ability to converse in local language, you are able to secure a place to stay with a host family instead of booking expensive hotel room or any other accommodations. 

Developing your confidence

By being able to speak in local language, you no longer have any issue with learning the culture. Will be more confident to ask more things since the locals usually even more friendlier to tourists who can speak their language. You can swim around and explore the depths of the culture instead of merely observing from afar. 

Enhanced awareness of your surroundings

When you are bilinguals you have to switch languages pretty often which makes you a more aware person. It is a skill travelers can take advantage of because awareness is essential for your own safety when travelling. An awareness of environment allows you to blend in better with the locals. You can walk confidently from stall to stall in the market while conversing with the local sellers about the products. Chance is, it will keep you away from robbery or theft.

Things To Be Mindful of When Diving in Bali

Things To Be Mindful Of When Diving In Bali

Bali is one of the most desired diving destinations in the world. From newbies to professional divers, this island is such a paradise because there are countless diving spots to explore. However, it is also important to remember that diving is not a simple activity. If you are newbie, you need guidance from professional to keep you safe. Being in the deep water can be dangerous especially if you don’t know what you are doing. And even though Bali is relatively a safe place for diving, there are things you need to be mindful of for your own safety, such as:

The unpredictable currents

If you are really new to diving, and choosing Bali as your destination, know that there are dive spots in Bali that have unpredictable currents. They serve up some of the strongest and erratic waves int he world. It is highly possible that the calm water you see can turn wild in just seconds. To keep yourself safe, you need to pay attention to the warnings on tides and currents. You also have to dive with PADI-certified operators and always follow their guidance and advice. Do not trust solely on something you read on Google, trust the experts more. 

Unreliable operators

Before making a deal with diving operator in Bali, make sure to do your research in advance. There are countless numbers of dive operators who offer cheap deals. However, do not get swayed so easily with cheap deals. Make sue to choose diving operators who use only proper and good quality dive equipment. Also choose operators that follow proper safety procedures. Make sure they are PADI-certified so you will be covered by your insurance company. 

Not catering to your abilities

Not catering to your abilities

It is fun to visit places recommended by the locals especially when they talk about dive sites that are hidden and less crowded. It’s so exciting to go for an adventurous scuba diving in Bali, isn’t it? However, always put your safety at the top of your priority. Do not go jump into the water you are unsure if it is safe or not. There are so many dive sites with clear warning and guides so you know if they are suitable with your diving skills. Diving beyond your skills will only put you in danger. 

More Diving & Travelling Stories:

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Dangerous, unknown creatures

Keep in mind that exploring the depth of the water may put you at risk of encountering underwater creatures that are not only beautiful but also dangerous. You may want to see colorful fish and vibrant coral reefs. However, you may also get to see other more dangerous creatures so use your common sense to stay safe. Do not poke around and always listen to the advice of the expert. 

Diving without proper gears

Going deep into the water means your body is more vulnerable to the open sea. Hence, you should not dive naked or without any proper gear. You don’t want to get stung by stonefish or sea urchins because it felt painful. Aside from risking yourself, you are also harmful to the underwater animal if you don’t wear proper diving gears.

The Idea Of Taking Personal Loans To Fund Your Business

The Idea Of Taking Personal Loans To Fund Your Business

One of the most challenging things about running your own business is finding the right funding. It is because insufficient funding is a roadblock to success. Many entrepreneurs decide to get a loan to fund their business especially during the initial stage. It is a decision with its own risk regardless how common it is in business world. What about personal loan? Is it safe to take out personal loans to fund your business?

Using personal loans to fund your business

It is possible that you use personal loans to fund your business especially if you have a clear path and understand the risks. If compared to business loan, personal business loan has higher risks. However, personal loan is easier to get without too many requirements involved. Some small business owners decide to take personal loans when they are unable to obtain business loan. 

Finding the right lenders

Be more selective and careful with the choice of lenders. You can get personal business loan from banks, credit union, or online lenders. Or, you can also get it from a loan marketplace or crowdfunding website. Many of these lenders provide online applications that only take few minutes to complete. Be mindful in choosing the lender and consider many factors before choosing one such as fixed interest rates, fixed loan terms, etc. 

Finding the right lenders

Personal business loan is easy to get

One of the most common reasons many small business owners use personal loan to fund their business is because it is easier to get. The lenders only look at your personal credit score, income, as well as debt-to-income ratio. They don’t pay attention to the business you are doing. They don’t even need to know your intention with the money. If you are credit-worthy, you will be approved. This is different from how business loan works. The health of the business is the main thing the lenders pay attention to. 

Lower interest rates

Another good thing about personal loan is lower interest rates compared to business loan. If you have high credit score, a personal loan can be a cheaper solution for your financial problems. Meanwhile, the terms of business loans always revolves around your personal credit score and your business’s financial health. It will be harder to get business loan if you have struggled in the past. 

Flexible use of personal loans

Personal loan is also more flexible in term of use. The lenders don’t care much about what the money you are going to use for. As long as you can pay it back, then the rest don’t matter. Most lenders don’t have tight restriction with the money use. Hence, you have the freedom to do everything you need with the money. 

However, be mindful of the risks of taking personal loans as well. For example, taking personal loan means you already mix business with personal life. The loans maximums are also lower. Not to mention that you need a personal guarantee which means putting your asset at risk. 

Selling Your Private Villa in Bali

Selling Your Private Villa in Bali

If you’ve been in vacation rental industry for quite a time, you will know how vacation rental platforms like Airbnb, VRBO, or Homeaway has revolutionized the way we travel and now invest in the previous ten years. With between fifteen and twenty thousand villa postings in Bali alone, the short-term rental market has become extremely competitive. Though vacation homes are good investment, it does need dedicated time and energy to keep the property fully booked. Some people probably just cannot keep up with that—and decided to sell their private villa in Bali. If you plan to sell your villa, here are things to keep in mind to ensure you get the best result. 

Take professional, high-quality photos

Take professional, high-quality photos

When potential buyers view high-quality, distinctive photographs, they are considerably more likely to exhibit interest in your private Bali villa. It’s best to hire a professional photographer to take compelling photo that engage potential buyers. The top photographers will gladly talk to you about your brief, offer advise, and, in the end, capture the photos that will attract the ideal buyers to your property. While taking your own images is great for Airbnb as a platform, professional photography is required when selling and can make a significant difference in the value customers perceive and hence the amount they will pay.

Consider putting your furniture up for sale as well

You can sell the current furnishings to the buyer as part of the home transaction if you wish. When the new owner lists their Bali house on Airbnb under their own name, they can use the exact setup and photos you used. While some customers may wish to rearrange items to suit their own tastes, others may embrace the opportunity of saving costs on furniture.

Clean up your villa

Clean up your villa

Tidy up your private villa Bali. Vacuum the carpets inside and do any small repairs, such as repairing broken hinges and replacing damaged tiles. Try to make it appear as good as it did when you first bought the house. Buyers want a blank slate to visualize how their own items will look in the property, so paint the walls white or another neutral hue. Take some time to clean up the outside of the house as well.

More Villa & Business Insights:

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Use reviews from past guests

Great evaluations have the same impact on people that great photographs do on people. And, because over 7% of complaints are related to guests having trouble checking in, receiving insufficient support, or feeling betrayed by the host, you’ll have a lot more positive reviews of your property that are directly relevant to your potential purchasers.

Gather your finest Airbnb reviews, especially ones that mention your home, and include them into your promotion. Reviews can validate the value and potential of a Bali property in the same way that guests validate the value and potential of a villa rental.

Work with local agent

Work with local agent

Work with a real estate agent to sell your private house in Bali. They should be not just a real estate agent; but people who specializes in holiday homes and property sales. Your real estate agent should be aware that selling a vacation home differs from selling any other type of property, and should be well-versed in the area.

Sell in the busiest period of the year

Determine the busiest season in the community where your vacation home is located. During the peak season, when buyers are hunting for homes in the region, list the property. Summer is, in most circumstances, the busiest season. Selling during the busy season means you’ll face more competition, but you’ll have a better chance of selling faster and for more money due to the higher buyer-to-seller ratio.

More Villa & Business Insights:

Leasing Your Property in Bali: Five Important Things To Learn

Arrange pricing strategy

Price the home in comparison to similar villa for sale in Bali. Your real estate agent will have information about this. Look for houses that sold with the same amenities as your three-bedroom property with an upgraded kitchen. Look for any tiny variances that make a difference, such as the amount of bathrooms.

Share your contacts of house helpers and more

Be courteous. Share your contact information, as well as any contracts you have for services such as handymen, cleaning, and housekeeping supplies. Many purchasers would appreciate not having to go out of their way to acquire new assistants and being able to leverage your existing relationships with them.