Posted by super on June 27, 2016 in Business Benefits
You might want to invest in a business but do not want to deal with the daily business management that comes along with owning a company. You might want to consider investing in a company as a limited partner. In this way the general partner will deal with the daily running of the company and you do not have to, while you will enjoy the benefits of the profits.
Explanation of a Limited Partnership
A limited partnership is when somebody provides the capitol that a business needs but has limited control. The amount of control the limited partner has is decided upon either by a contract or the limited partnerships general rules. They can’t be held liable personally for any transaction that take place within the business. They also can’t lose any personal property by law if the corporation needs funds.
The limited partner usually gets to vote at different types of business meetings, and also has the right to vote a general partner out if the majority votes to as well. Even if the partnerships general partners change the limited partnership stays. Usually all profits are divided equally between all partners unless stipulated otherwise. All losses or profits must be reported on their tax returns, whether its a personal or company return. Limited partnerships are non tax entities, so before the income reaches the limited partner it is only taxed one time.
Limited Partnership Could be the Right Choice for You
When dealing in finance and business this could be a right choice for you if you want the convenience of not dealing with the daily running of a company and still have an income coming in with your investment.
If you have a partner that wants to go into business but that does not want the responsibilities of the day-to-day business dealings, this could be right for you and them. As long as the company is effectively managed then the limited partners funds should not be in jeopardy. The limited partnership stays in place as long as there is a general partner.
Posted by super on June 23, 2016 in Asset Companies
JAKARTA – Following the decision of the Supreme Court rejected an appeal by Merrill Lynch International Bank Ltd (MLIB) and PT Merrill Lynch Indonesia (MLINDO), two companies that lawyer Frans Hendra Winata confirmed it has filed a judicial review (PK) to the Supreme Court.
“While we are disappointed with the Supreme Court decision, but we appreciate the dissenting opinion of one member of the panel of the Supreme Court that Syamsul Ma’arif that Merrill Lynch found not guilty of an unlawful act in the case against Prem,” said Frank, in Jakarta .
Moreover, he continued, MLINDO definitely not the parties involved in the transaction in Singapore to be the beginning of the dispute. He then pointed to the Singapore High Court decision that ruled that the Renaissance has acknowledged the existence of the debt and Prem had committed fraud.
An important point in filing PK is a decision of the Central Jakarta District Court in 2010 stating Prem lose. In this ruling the judge rejected a lawsuit alleging Prem defamation arising from complaints MLIB to Bapepam-LK, MLINDO involvement in the defamation and illegal banking practices.
“Central Jakarta District Court’s decision has also been strengthened by the Jakarta High Court,” said Frans continued.
For your information, a legal dispute began when in June 2008, the owner and director of the sole of Renaissance Capital Management Investment Pte Ltd Prem Ramchand Harjani ordered Merrill Lynch, Pierce, Fenner & Smith (MLPFS) through MLIB to purchase 120 million shares of PT Triwira Insanlestari (PTTI) . The purchase is valued at approximately USD14, 3 million.
Frans said, Prem verbally promised that he would pay cash on the settlement date of June 26, 2008. In fact, both Prem and Renaissance never transfer the required funds on the settlement date of the transaction.
Finally MLPFS forced to use their right listed in the contract to liquidate the account Renaissance in MLPFS, including through the sale of shares PTTI. But all these measures still leaves a shortfall of USD9, 4 million so MLPFS then sued in the courts in Singapore in November 2008 to acquire the remaining losses earlier.
In August 2010, the Singapore High Court ruled that Prem had committed fraud and the Renaissance has acknowledged his debt. Both were ordered to pay damages of $ 9.4 million plus interest to MLPFS.
Interestingly, prior to the ruling PT Singapore was out, Prem has sued MLIB and MLINDO the South Jakarta District Court on tort and defamation. South Jakarta District Court ruling came out in 2009 and sentenced MLIB and MLINDO pay compensation amounting to Rp251 billion. The decision was upheld in the High Court and the Supreme Court of Indonesia.
Reportedly, the Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) has received reports of PT Merrill Lynch Indonesia that they ask for review (PK) against the decision of the Supreme Court (MA). Unfortunately, when confirmed, Head of Legal and Legislation Bapepam-LK Simbolon Robinson could not be reached. Several times contacted via phone, Robinson did not answer the call.
In fact, the name of Prem Harjani is not foreign to the business world. Previously, the company had reported Prem that Renaissance had a problem with the PT Danareksa. Cases involving himself with Danareksa also similar to the case at Merrill Lynch. Similarly Premlainnya company, PT Ryane couture, mentioned never had any problems with loans worth Rp 3.5 billion from Dapenma Pamsi (Pension Fund Water Supply Indonesia).
Posted by super on June 21, 2016 in Manage Finance
Financing a business can often be perilous if not approached with caution.
Although bad management is commonly given as the reason businesses fail, inadequate or ill-timed financing comes a very close second. Whether you’re starting a business or expanding one, sufficient ready capital is essential.
But it is not enough to simply have sufficient financing; knowledge and planning are required to manage it well. These qualities ensure that you will avoid common mistakes like securing the wrong type of financing, miscalculating the amount required, or underestimating the cost of borrowing money.
Before inquiring about financing a business, ask yourself the following:
Are you sure that you need more capital?
Can you better manage existing cash flow?
How do you define your need?
Do you need funding to expand?
Do you need funding as a cushion against risk?
How urgent is your need?
How great are your risks?
In what state of development is the business?
For what purposes will the capital be used?
What is the state of your industry?
Is your business seasonal?
How strong is your management team?
How does your need for financing fit in with your business plan?
If you don’t have a business plan, make writing one your first priority. All capital sources will want to see your business plan for the start-up and growth of your business.
There are two types of financing: equity and debt financing. When looking for money, you must consider your company’s debt-to-equity ratio – the relation between pounds you’ve borrowed and pounds you’ve invested in your business. The more money owners have invested in their business, the easier it is to attract financing.
If your firm has a high ratio of equity to debt, you should probably seek debt financing. However, if your company has a high proportion of debt to equity, experts advise that you should increase your ownership capital (equity investment) for additional funds. That way you won’t be over-leveraged to the point of jeopardizing your company’s survival.
Posted by super on June 21, 2016 in Manage Finance
Looking to improve? Aren’t we all! Improving your business with respect to the acquisition of new business assets is a major decision for Canadian business. What is the current state of the leasing equipment market in Canada, and what finance companies are your best bet and why?
Even though you’re taking on additional debt when you acquire a capital lease option the committing of your cash resources can still be properly managed using an equipment financing strategy. You’re making the decision because you want to utilize the asset to improve productivity and profits.
We can certainly help our clients finance the asset, but it’s up to you to ensure you choose the right asset, negotiate a best sale price, and ensure the business asset meets your needs. The reality is of course that your leasing equipment decision is an important one – its an alternative to paying cash outright, or drawing down on credit lines you might have in place – and most of our clients agree that the ability to secure business credit for working capital is a large challenge these days, so using those funds outright for an equipment purchase doesn’t seem to make sense.
You have chosen a capital lease, or a lease to own option. The alternative was an operating lease, or a use and return of the asset and that hasn’t made sense this time around. Finance companies in Canada can structure payments that make sense for your firm. Typically clients have budget constraints, have some seasonality in their business… etc. This is typically when leasing makes more sense than a loan, because it’s so flexible and tailored to meet your specific financing needs.
In the current Canadian leasing equipment landscape and environment of 2010 /2011 you may well be expected to make some sort of down payment, but again, this is negotiable. Talking to your accountant might bring up further reasons why the tax advantages of lease financing might make you decision to finance an even easier one.
Finance companies recognize that you are in many cases using a leasing equipment strategy simply because you can obtain assets you might not be able to afford. These firms have only one mandate… approve and fund your leases! Consequently their credit people are experts in looking at your overall picture, which includes your firm’s financials, the value of the asset itself, which is of course the collateral, and your projected profits via use of the equipment.
Your decision to enter into a capital lease should be relatively straight forward; the challenge is often picking the right partner. The Canadian landscape is made up of hundreds of firms who have specialization, only regional representation, or in some cases your transaction will be viewed as too large, or too small. Navigating that maze is a challenge, so see the service of a trusted, credible and experienced business financing advisor who will help you get approved and negotiate the best terms possible. That added value along can improve your overall return on investment and make your decision to finance a solid one.
Posted by super on June 21, 2016 in Franchises
Chicken Bone Software Hayam Wuruk (Ayam Tulang Lunak Hayam Wuruk) Provides Franchise in Restaurant Industry In Indonesia. Now they already have many branches in many cities in Indonesia. They gives franchisee to open new restaurant that serves Chicken as the main course.
Seeing a good opportunity in food business, in 2000, exactly on June 24 opened Restaurant Ayam Tulang Lunak “Hayam Wuruk” on Jl. Hayam Wuruk No.88 Denpasar.
The reliable product is Chicken Presto, which is chicken in Presto until soft and edible bones, plus Duck and Bandeng Presto menu. Flavor typical of much-loved by customers to be a strong attraction in addition to product differentiation strategy that sets it apart from the usual fried chicken with hard bone and generally inedible.
Currently outlets Ayam Tulang Lunak Hayam Wuruk already spread in Bali, Surabaya, Yogyakarta, Jakarta, Padang and Pekanbaru with a total of 21 outlets.
If you have a strategic location in Jabodetabek (mainly positioned street elbow / hook) and are interested in joining with Ayam Tulang Lunak Hayam Wuruk, you can contact : email@example.com
Address : Many Branches in Bali, Jakarta, Riau, Solo and Surabaya.
Posted by super on June 20, 2016 in Entrepreneurs
“Budget Hotel” or budget-friendly hotel or hotel like a magnet in the wilds of saving the hospitality industry. Not just a glance at the giant property developer business potential of this budget hotel, but also state-owned enterprises (SOEs) involved enamored with the business sector is tourism.
Uniquely, the state is interested in the budget hotel business is not a state that already has a hotel business background, such as PT Hotel Indonesia Natour. Who looked at this budget hotel business is airport operator company, namely PT Angkasa Pura I.
Companies that used to take care of these flying boats dare poured Rp68 billion investment to build two hotels budget hotel concept is simple alias, at Juanda International Airport, Surabaya, and the Sultan Hasannuddin.
Since no experience in hotel business, Angkasa Pura I is partnering with a hotel operator, Accor Asia Pacific is Indonesia. In the hotel business, Angkasa Pura brings hotel brand, Ibis Budget Angkasa Pura Hotel.
If nothing gets in the way, the hotel began operating November this year.
Angkasa Pura Hotels dare set a target of 2022 units of budget hotel rooms will be ready until 2016.
Not only AP I, there is another company that is now follow-owned budget hotel business. The company is PT Pos Indonesia. SOEs that have a business network to the remote villages would also follow business budget hotel.
For the budget hotel business, Pos Indonesia investment worth Rp70 billion.
The first stage, Pos Indonesia to build two budget hotels in the city of Bandung. Pos Indonesia to build hotels in the city of Flower is because there has property assets. In addition, London is known as a tourist destination for the citizens of Jabodetabek.
Posted by super on June 19, 2016 in Manage Finance
It’s a good news/bad news situation at its classic best. Your firm has the ability to receive orders or contracts but you are challenged with restrictions or unavailability of inventory and PO (purchase order) financing. Financing a business based on assets such as inventory and orders in coming has never been more of a challenge in Canada.
When we speak to clients we advise there is no one method that seems to handle all inventory and P O finance challenges. But the good news is that via a variety of effective business financing tools you can employ you are in a position to generate working capital and cash flow from these two asset categories. Let’s examine some real world strategies that have made sense for clients.
The root of the problem is simply, you have orders and contracts, but those will potentially be lost to a competitor. Conventional wisdom is that you go to your bank and ask for financing to support inventory and purchase orders. As you may have experienced, we aren’t big believers in conventional wisdom on that matter!
However, utilizing a convention purchase order funding source does allow you to purchase product and get your suppliers paid, thus facilitating you ability to deliver to your customers.
One of the main benefits that many clients don’t realize is that inventory financing and P O financing don’t necessarily require your firm to have a long or strong credit history; the focus on structuring the transaction is around the inventory being financing and the general credit worthiness of your client, who will be paying yourself or the inventory or P O financing firm
The overall process is fairly simply and easy to understand when it comes to putting the transaction together successfully. On receipt of your confirmed purchase order your supplier is paid via cash or a letter of credit. Your firm of course completes final shipment of the product, which typically involves some additional time on your firms part. On shipment and of course payment from your customer the transaction is in effect settled. In a true pure po financing scenario the P O funder is paid immediately on your invoicing of the product. That is facilitated by your firm selling the receivable via a factoring type transaction as soon as you have generated the invoice.
There are always limitations to this type of financing – so things we look for early in the transaction are the ultimate remarket ability of your product in case there is a transaction risk. Naturally, as we stated, the overall credit worthiness of your customer is key, his receipt of goods and payment in effect closes the transaction.
Inventory financing and PO financing are generally more expensive than traditional financing, due mainly to the significant transaction risk that the lender takes. Therefore we strong recommend that your firm has solid gross margins in the 25% range to cover the associated costs of a po financing, inventory financing transaction that also factors in the time it takes to get paid by your client, as that typically adds 30-60 days on to the whole cycle of the transaction.
If there is one great tip of ‘ secret’ that we share with clients its simply that the best method of ensuring financing in the manner we have outlined is to consider an asset based line of credit. Coupled with a facility that will finance your purchase orders this is the ultimate working capital tool that will allow you to grow business quickly and significantly. This type of facility is generally a non bank facility and is offered by independent finance firms.
Speak to a trusted, credible and experienced Canadian business financing advisor who will assist you putting together a working capital and cash flow solution that works!
Posted by super on June 17, 2016 in Franchises
House of Ristra provides Franchise in Indonesia in Beauty Salon Industry. House of Ristra is a centre of comprehensive hair care, skin care and beauty care. With many skin care specialist, beautician and doctor consultation facilities.
House of Ristra Services
– Skin Care
– Hair Care
– Ristra Beauty Boutique
– Ristra Skin Care Class
– Initial Investment : Rp. 345 Million (including franchise fee)
– Ristra Clinic : Rp. 195 Million (including franchise fee), excluding place
– Franchise Fee : Rp. 100 Million, Ristra Clinic : Rp. 50 Million
– Royalty Fee : 5% from gross margin / month
– BEP : around 2 years
House of Ristra already have ISO 9001 vs 2000 certification and Good Manufacturing Practice (GMP) – Certified Company.
Posted by super on June 11, 2016 in Manage Finance with Comments closed
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Posted by super on June 7, 2016 in Entrepreneurs with Comments closed
KH Muhammad Zakki always stressed the importance of trust in a business to santri. In addition, the remains resilient and good at looking for opportunities. While there are opportunities to be captured by the risk. Do not be afraid to fail.
Successful coffee business is not as easy as turning the palm of the hand. Muhammad Zakki winding road. Initially, he teamed up with others in the management of coffee plantations in Tulungagung.
“Now it exports itself to a number of countries, an average of 75 tons a month. Most of the robusta species,” he said to Surya.
Business was initially just to process the raw coffee beans processed coffee. When the partnership dissolved manages 400 hectares of land, he bought himself a land area of 650 hectares in the same location. Muhammad Zakki not directly sell the coffee harvest. But it is processed before entering the workshop in East Java market.
Over time, called fluttering. Order flows from abroad in 1999. One container is sent to Japan via Jakarta. “Coffee robusta easier fit with the foreign tongue. We, too,” he explained.
Through the flag of PT Mutiara Dewi Jayanti, Muhammad Zakki exporting hundreds of tons of raw coffee beans processed by the King and Pendowo Makhota brand Limo. Currently, export markets are Japan and China, and was exploring Dubai.
After all, from the business he had lost also because of the hundreds of world coffee prices plummeted. “Thank God, I can survive. Stock I was not too much compared to other coffee entrepreneurs,” said Muhammad Zakki. (Surabaya, Indonesia)