Business and Financial Watch

Posts Tagged ‘Jakarta’

Today many financial institutions provide a variety of loans with easy terms and repayments are mild. However, many financial rules have changed, caused for example by an uncertain economy, how to shop and save, as well as lifestyle changes. As a result, more and more people find it increasingly difficult to manage personal finances and family. Finally, many people who were in debt. Then because the modern lifestyle makes a lot of expenses that make the financial problems grow. How to cope with personal financial problems and your family?
Solutions for Financial Problems

To control for personal and family resources can be a particular challenge. Credit or debt could seem the easiest solution to solve financial problems quickly. You can use the debt as an asset, but if not careful can lead to painful consequences.

For some others, they are always trying to find a larger income to overcome financial problems. Financial experts say that to solve the financial problems associated with awareness of where resources and spending money and a willingness to make informed decisions. Therefore, the solution to overcome the financial problems is to create a budget.

Prepare Budget

Creating a budget is not difficult to learn. One of them is to make a list of income and expenditure list. Then keep your expenses do not exceed income, as the saying goes large pegs than the pole. By making the budget will make your life more enjoyable and rewarding. What can you include in the budget?
Closeout clothing or footwear is of interest to women. In fact, because it tempted the word “Discount” induce a feeling of anxious to have it. Some women may be willing to buy clothes or shoes that do not fit their size. Even though you like it, but if too small or too large, would be uncomfortable and you may only use it a few times before being given to others.

Getting the goods with cheaper prices when there is a sale or discount certainly can reduce the money must be spent. Make sure you really need the item and not be crazy when shopping.

Although you live in big cities like Jakarta, of course you do not eat in restaurants every day, right? Well, when I travel abroad, why do we change these habits? So, you do not need to spend a lot of money just to eat at the restaurant.

In almost every city in the world there are supermarkets that sell a variety of foods (fast food) at a price much cheaper than food at the restaurant. You can shop for food such as bread, cheese, fresh vegetables, bacon pieces, and food in cans to make a sandwich according to taste and a wide selection of drinks in cans.

Bucharest – Romania, Shop at the local traditional market, just need to spend money equivalent to U.S. $ 1 plus a few tens of cents for a pack of whole wheat bread, a few tens of grams of bacon, three fresh pears, and two cans of soft drinks of local production. Food items can ‘feed’ your whole day. Frugal, right?

Away from the crowd
At the center of tourism, restaurants and cafes are usually set exorbitant prices. Understandably, usually the tourists are always considered to be deep pockets and are ready to spend money.

In fact, in a place that is not how far from the crowded center contained similar places serving food and drinks are similar, which put up half the price cheaper.

Ask the clerk at your place to stay, or to the local taxi drivers: where they used to eat, not where the best restaurants in town? Thus, you will find an alternative restaurant or cafe at bargain prices.

Transport in town
In almost every major city tourist destinations of Europe, local governments provide tickets for using public transportation (city buses, trams dam busway) is infinite in 1-5 days. If Adna plan on traveling by public transport, this offer may have been an option. Suppose you are visiting Paris visite priced starting at 08.05 Euros are sold every metro station and can be used while riding a city bus, metro and RER heart’s content. All you need to prepare is a map of public transport routes in the city of destination. Occasionally get lost, ordinary, it is part of the experience.

Eat like locals
In Germany the price of a bottle of local beer is cheaper than a bottle of mineral water. While the great pot mosselen prices in Belgium (a type of black-shelled mussels typical marine waters north) which is usually cooked with a mixture of onions and red wine, the price is much cheaper than in Prague. Similarly breakfast in Paris would be cheaper when you order a croissant plus a few pieces of French cheese and a glass of juice d’orange than two pieces of toasted bread plus butter and egg that you normally consume for breakfast at home.

In conclusion, try to always find the types of foods commonly consumed and popular restaurants served the local community which can be obtained easily and inexpensively. Foods that are deceptively simple in your hometown can be a product of ‘luxury’ in other countries, such as a bowl of chicken soup in Jakarta ($ 5-10 ), 7-12 euro can be sold in the Netherlands.

This strategy helps you push spending. After all, tasting the food usually consumed by local communities is one of the best ways to learn the procedures and different cultures. That’s why people love traveling.

Although its role in private sector business activity is very large but most family businesses do not last long because it failed in leadership succession and not able to handle internal conflicts as well.

In a conference on family businesses in Jakarta, Thursday, Director of the Jakarta Consulting Group AB Susanto of Indonesia explained that family businesses can survive until the third generation and only 24 percent until the fourth generation which is only five percent.

Recent survey by the Jakarta Consulting Group also showed that only three percent of the family company that was built in 1932-1943 who survived until now.

While the family business that was built in 1944-1955 and only two percent of family business that began in 1956-1967 only 10 percent survive.

Family company that was built in 1968-1979 and in 1980-1991 who survived until now each one as much as 24 percent.

Susanto explains the main problems faced by family businesses in maintaining business continuity is a conflict between family members, succession of leadership failures and problems in locating family members in business.

All three, he said, is a recurrent problem in the family business in addition to problems of management structure, distribution of compensation, competence, and the misalignment between the interests of families and businesses.

Fears of massive layoffs should be thinking the government to take immediate steps in the industrial sector. But unfortunately, until now no concrete policy to address this threat of layoffs. On the other hand, even the business world increasingly burdened with various government policies are considered to be impartial business world today. The increase in fuel prices, the imposition of taxes, as well as high cost economy still haunt the business community. Unfortunately the government involved in this case the Ministry of Industry has not taken steps immediately and planned to  all. “Actually we already have a policy of industrial development. But what happened was not yet prepared the policy consistently,” said economic analyst INDEF Fadhil Hasan told AFP in Jakarta. Should the Minister of Industry to overcome the threat of massive layoffs in the industrial sector is now formulating a clear program, consistent and gradual, and there are certain of the targets. “The policy should be market friendly and bussines friendly to tackle turmoil in the business world. Because that will be affected also are workers,” he said. In his view,  until now the government has not responded clearly, for example, meet with the business community to overcome this problem.