Why Get the Small House for Living Over the Large One?

What’s your future dream house looks alike? If you are tent to have a big house that seems like your own palace, that will be the opposite of what I am dreaming about. I do love small houses and hopefully it will be an opportunity for a property business in the future as well.

I have been seeing some house developers are offering the big and luxury houses to the small tiny ones that look pretty much cute to me. It is easy to guess that the small home living is for those minimalist individual or new small family as its main market.

Benefits of small house living as your property business

Small house design can also be used as the solution for the students who need the living space close to their campus that will mostly located at the city where the land are probably full of big buildings.

Benefits of small house living for customers in property business

If you are thinking about to run a property business, you may need to gives a small designed house a chance. It is because it has benefits you may have never though of before. Some of them are as below;

  1. Small house business won’t need more budget than the big ones. It is surely that the small the living space you are building, the less you will need to spend in term of the budget.
  2. Small house living will be the best choice for the commuters. There are many commuters among us where their place to work and the place to stay are at different cities. It is because most of the living space close to their works are expensive and mostly because of its buildings themselves are pretty much bigger.
  3. If the small house will be rented out, the price can be affordable for the others. This is where the size is matter where the small one will win when it comes to talk about how cheap it will be compared to the luxury designed apartment.
  4. Energy efficient. The small the houses are, the less energy to be used. You don’t need much times and efforts to heat the rooms in the cool season and so does the otherwise. It will also means that if your customer will buy or rent it, they will also get the benefit of spending less money for the energy. Leaving the less ecological footprint at where we are living is always bringing us benefit, isn’t it?
  5. People who are living inside the small house will mostly comfortable and intimate. This may caused by the rooms themselves that seem no distance at all so people will keep on closer all the times. And this should be the benefits the business owners should have been talked to the customers.
  6. More unique. The next reason is, small house is seems to be one of the available unique house no matter how it is designed. Besides that, some of us may also needn’t to experience the feels of neighborhoods are containing large houses and somehow feels intimidating.
  7. Save more time in organizing and cleaning. Even though you can’t store many items in a small house, you will at least easier to organize the items as well as cleaning them. No need to get a headache in doing them all.
  8. Lower property taxes. You can save more money when getting the small house for living if you will really ok with that. It is not a secret anymore that the larger your living at, the higher the taxes will be.
  9. For those who are living with children, even though you will keep on hearing their screaming or footsteps when running around, at least you won’t lose them at all. You will keep on playing with them and fulfilling their childhood with beautiful memories.

There are more benefits of small house living you can get and that’s how it will be tempting for the customers if it will be your property business. Is there anything I have not been mentioned? Share with others if you found this post useful.

Drive Your Motivation While in a Business Slump

Experiencing a slump in your life is common and most people experience it too in their life. A slump is a period of when your motivation is too low which impact your life. A slump is also common in business as many business owners are highly possible to experience it. However, it is something that can be fixed. The key is to be willing to fight back instead of giving into your slump. If you keep drowning in your business slump, you put your business at risk because the less income you earn as well. 

How to overcome slump while running a business

The first thing you need to do when experiencing a slump while running your business is that figuring out the cause of it. There must be some factors leading to a slump such as stress, overwork, fear, boredom, failure, and many more. Here are some tips to drive your motivation when you are in a slump.

Be Positive

Taking positive action seems to be the last thing you want to do when you are in slump. However, action is the only remedy that can help you escape from this condition. You don’t have to jump into extreme physical activities to take positive action. You can start by doing simple yet positive thing such as nourishing your mind. You can do it through reading or listening to podcasts. 

Cast Away Negativity

Remove all negative energy by writing down whatever comes to your mind. You can write on a journal and write anything. You can simply write what’s been bothering or frustrating you. Then, you can also write positive things in your business and your life in general. This way, you will be able to see things in various angles. You will be able to replace negative thoughts with gratitude.

Read More: Adding Time to Run Your Business Efficiently

Reconnect Your Network 

Try to connect with your network in person. By going out your house and meet your network in person, you will gain more positive energy. You will be able to get feedback, inspiration, or advice. However, connecting online with your network is also possible if you prefer that way instead of meeting them in person. 

Get Up and Move

Try to move and avoid lying in bed all day long. You can take a walk, ride a bike, or dance. Do something you like to make your body move. By moving, your body will have better circulation to deliver oxygen to your brain and muscles. As the result, it can help boosting your mood as well. 

Change Your Routine and Reward Yourself

A slump can happen due to the same cycle for a long time. Thus, change your schedule a little so things can be more interesting. You can also change your surrounding such as changing your office decoration or adding some element to the interior design. Also, don’t forget to reward yourself. It doesn’t have to be fancy, just enough to lift up your mood. For example, you can reward yourself a treat for your favorite sweets when you finish your task in a day. A reward can keep you motivated. 

Learn More about Business and Cash Flow

In business, there are various factors that help making it stay afloat in the long run and cash flow is one of them. Cash flow is the net amount of cash that your business earn and spend. When running a business, you need to the right strategy to generate positive cash flow.

Importance of cash flow in business

It is even more important to generate long term cash flow. However, it is important to remember that relying on generating cash flow alone won’t make you suddenly become a millionaire.

There is still a long way to go before you can generate steady and positive cash flow and build wealth through your business.

The importance of cash flow in business

Running business requires hard work. You also need to be thorough in every little aspect of it. More importantly, cash flow is crucial because it is related directly to your financial setting. It is important that you assess the amount and timing of cash flow in your financial reporting. It is important for the sake of your company’s liquidity as well as flexibility and general financial performance.

Basically, cash flow is the money that is moving or flowing in and out of your business. It happens monthly. The cash itself can come in from clients or customers who buy your products or services. That is how the cash come in. meanwhile, the cash come out of your business in a form of expense and payment. It can be tax, rent, mortgage, etc.

You need to make sure that your business generate positive and steady cash flow if not gradually increasing. Cash flow can be considered positive when the money coming in is more than what is going out. When more money is going out than coming in, your business in in financial crisis that you need the right strategy to solve the problem.

Positive cash flow means your company’s liquid asset is increasing. It can also help you to pay back your debt. If you can keep the performance of your cash flow and overall financial performance, you also have more opportunities play expenses. In fact, you can start building your own buffer so you have better preparation to fight against financial challenges in the future. When your business is supported by steady financial setting and performance, you can make the most of benefit.

The reason why cash flow is important for business is because it can cause the business itself to crumble. Small business is in higher risk of being destroyed when it cannot generate positive cash flow. The most difficult time to deal with cash flow is in the beginning of your starting point. When you start your business, generating positive cash flow is so challenging especially because you are still experimenting and lack of knowledge of how everything works.

The right thing to do is to keep track of cash flow of your business. You need to make proper report so you can assess the situation better with better understanding. Weekly analysis is highly recommended.

Things to Help Your Small Business Compete With The Larger Ones

Competition in the market is part of business. Running a business means you have to be ready to face the competition. It can be tough sometimes that you need to use the right strategy to be ahead of your competitors. You aim not only to be the best but to be different in the competition.

Offering high quality products or services doesn’t always work to defeat your competitors. What you need is to provide the right products and services that your target customers need.

How your small business can compete the larger ones

Even though you run a small business doesn’t mean the competition is less scary. In fact, your competition is not limited to the fellow small business owners.

How small business compete with larger ones

The larger business can be an obstacle for your path to run successful business.

However, there are things that can help your small business competing the larger ones. Thus, you have higher opportunities to grow your small business to the next level:

Customer service is important factor in running business. You need to deliver great customer service if you want to be standout from larger crowd of competition. This is the advantage of running small business. You have more opportunities to grow stronger and deeper relationship with your customers.

Thus, products and services are not the only things you should pay attention to if you want to step up your game in the business. Great customer service is one of the keys to compete larger business because customers appreciate great relationship and connection.

Innovation is also one of the things you can use to compete with larger business. Your business might be small to start with. However, you it will grow faster if you innovate easily.

It is in fact easier for small business to innovate because larger business is often tied to a corporate structure which makes it hard to find the time to innovate. Your small business has more opportunities to launch new idea or innovation faster.

Reputation is important factor you have to use to help you win the competition in business. You need to build your reputation even if you run small business. It is better to run a small business with well-earned reputation than having larger business with mediocre reputation.

You can build your reputation by focusing in your surrounding area. This way, you will have more opportunities to receive praise and appreciation from your customers directly. It benefits your reputation in the long run.

Improvement for efficiency is what can put you in better place in the market. This is one of important things you can use to compete with larger business. There are many things you can do to improve the efficiency of your business such as implementing technology.

The point is to introduce new way of doing things that can result positively.

You can also use the connection with your audience to improve efficiency such as using social media to build a brand and communicate or interact with your audience. It makes you more reachable by your audience which benefits your business as well.

How to Value Your New and Existing Customers

Marketing strategies are used to attract customers. Therefore, a business won’t be able to grow successfully if you don’t plan effective strategies. However, you need marketing approaches that don’t only attract new customers but also the existing ones. What’s the point of gaining new customers if you lose the existing ones? 

The Right Way to Show You Value Your Customers

Customers are getting smart each day. They know exactly what they want so you need to reach them out effectively. They cannot be fooled by empty promises and poor quality of products or services. With your business competitors lurking around, you need the best strategy that can make your customers choose you. The key is to show them how you value them, both new and existing customers. They like being cared and price tag is not the only thing that your customer care about. You need to show how genuine you are to value their existence. Here are some tips to value your new and existing customers:

How to Value Your New and Existing Customers

Put Emphasis on Product Services

Highlight the benefits of your products or services instead of focusing on the price tag. Your customers won’t care about the price tag if they gain priceless benefits of what you offer. They will choose products or services that will offer them effective solution and satisfying outcome. You need to provide something that can help your customers solving their problems. Show your customers the benefits as well as positive experiences they will get by choosing your products or services.

Get to Know What Your Competitors is Doing 

Know your competitors and what they offer to their customers. It is highly possible that you offer the same products or services. That’s why you need to observe you competitors so you know what their weakest and strongest point. You can highlight them and make it to your benefits. Remember that customers like comparing different brands. Thus, you can highlight your own strongest points that can make you ahead of your competitors. 

Earn Supports from Customers

To value your customers, you need to give your support. Ongoing support is what will make your customers stay loyal because they feel appreciated, cared for, and valued. It shows your dedication to your customers and make them know that you won’t just abandon them after their purchase. 

Read More: Why You Need to Hire A Professional Design Service

Keep Customers in the Loop

Your existing customers are important element in your business. You have to nurture your relationship and connection with your existing customers as a way to value their existence. You can ask for feedbacks from your customers. You can do it via email, live chat on your social media, etc. 

Let Customers Know You Are Improving

Offer improvements to your existing customers so they can look forward to your next products and services. This is also a great way to not let your customers regret for choosing you. Always offering the best of the best to your current customers so they know you still value them.  You can also build a customer community through simple act such as creating a customer page on social media. This gives your existing customers a sense of belonging and exclusivity. This will also a great way to let customers communicate with each other. 

Adding Time to Run Your Business Efficiently

It is often that we feel like we have not enough time to work properly and be productive. However, we no power to add time in a day as it is already fixed to be 24 hours per day.

Tips on adding time in working to improve productivity

However, you can still optimize the time you have so you can do many other more productive things especially to grow your business. Running your own business means you need to be ready to dedicate yourself including your time and energy, as well as money.

How to add more time to improve your productivity in working

The problem about working time is not about the lack of it but more like misuse of it. It is often that we misuse the time we have so it is wasted just like that. Consciously or not, it is easy to waste our time to less productive things such as watching TV or scrolling through social media.

So, here are some tips to add more time in your day so you can become more productive and improve your performance in running your business:

  • First thing first, you need to acknowledge about your habit in misusing your time. When you acknowledge that you have problem with using your time, you start realizing how importance it is to use your time to the fullest. Acknowledging your misuse of time means you are honest to yourself and you are willing to change that. It is recommended to keep a time log to help you keeping track of activities you use in your day.
  • After acknowledging your habit in using your time in a day, you can start planning your day. You can create a to-do list. This is a simple task/ to help you plan your day, think about the goal you want to achieve in a day. It doesn’t have to be a big achievement. It can be a task you want to accomplish that day. It is recommended to overestimate the time needed to complete each task because sometimes the unexpected happens which can prolong your time to complete your task. If it is necessary, use a timer so you can stay on track.
  • Try to make earlier start your habit every day. Starting your activities earlier will help you adding more time to your day. It might be hard at first especially when you are not morning person to begin with. You can try it gradually by waking up a little earlier than usual. You can start your day an hour earlier than usual as a starter. It will come easier once it has become your habit.
  • To help you completing tasks easier and more efficient, you can use tools or systems. You can rely on apps or software to complete digital tasks so you don’t have to waste your time. You can also schedule emails in advance to automate your working system. You need to invest extra time to learn how to operate the tools and systems in the beginning. However, it is worth once you do it.

SEO Company In Bali for Global Site Competition

The more developed the tourism in Bali, the better for the world travellers to have more destination options and things to do. But in other hands, it is also means that the business competition will also getting harder than before. If you are running a travel business and using site to generate traffics but struggling in it, it is the right time to think about hiring the SEO (Search Engine Optimization) company in Bali.

SEO company in Bali that deal with global competition

We have known that Bali is one of the capital of tourism in the world. Every time people are talking about traveling, its name will mostly be mentioned and recommended.

People from USA, Africa, UK, Australia and more are keep on coming everyday to Bali. And you must be known that they are mostly coming because of the news, blog articles, ads on their Instagram they have been read and seen before, etc.

Now the question is, how does your business site can be found by those people since there have been so many tourism business sites in Bali that are also competing to get the same travel interests that are differ in locations?

Today, if you have not been optimizing your site, it means that you will need more ads budgets and social media specialists to put an advertisements on online platforms such as Facebook and Instagram ads or Google Ads. Ads is important but if you are only depending on one source of traffic, then you are not really considering that your site is important and you will lose many high conversion traffics that are coming from Google by applying the SEO techniques and methods to your business site in Bali.

The main important reason why business sites should hire SEO company

Reason to hire Seo company for travel business site in Bali

I have mentioned some of the popular countries on above where the people are keep on visiting Bali. And you must have known that will be a clue that Bali is a global destination. And to be honest, even though you have been seen small travel agent businesses in Bali, big chance that most of their sites are also targeting the global customers and into the global competition on search engine like Google as well.

Correct me if I am wrong, but I have been met some of the businessmen that their site is not set to target a certain country, but all. Next question is, how do they are going? Google will only share some 10-12 search results on its first page and so on while the number of the travel sites in Bali can be millions?

If your site have not been optimized before and magically appear on the first page of Google for the keyword with high competition globally, then your site must be built by the saints. And that’s not gonna happen!

The main important reason why your site should have been hired the SEO company in Bali is because you will need to be the first page of Google so people will know about your travel offers. Besides that, the traffic from search engines are mostly have been ready to spend money than social media.

Just think about yourself. When you are typing about the beautiful villa in Canggu, Bali to be reserved, it means that you have already made a plan and have a budget for traveling to Bali, don’t you?

Those kind of users will really contribute in high conversion rate in your travel site. Sadly, most of the popular and relevant keyword as above and the others that are related to traveling businesses in Bali are mostly hard to compete globally and even nationally. Therefore, your site will need a new dawn by collaborate with the SEO company.

SEO company in Bali that deal with global competition

If you haven’t got someone recommending you about the SEO company in Bali or in case you are confusing which one to choose and visit among some options that can really help your site optimization on global keyword competition on search engines, then I would like to introduce you about Kesato & Co.

It is a digital marketing agency that has also SEO services for any competition you’d like to deal with. I am not telling you they are the best in Bali, but you may need to visit www.kesato.com right before deciding when to pay a visit the company and hiring the SEO services for your travel business in Bali.

The company is located in Canggu, Bali right now so you will get even easier to pay your visit.

How to Avoid Falling for Business Myth

Starting business early is not wrong. In fact, it gives you more opportunities to find the right strategies that will work with your goals. Besides, it takes years to grow established business anyway. Thus, it is even great if you start early in running a business you are passionate with. However, with the lack of experience and knowledge, it is ease for young business owners to fall for the myth in the business as there are many of them. Some people even believe some myths and that’s why many of them fall into the trap. 

Avoiding the myths in the business

Running a business means you need to work hard as well as work smart. It is not easy but it is not impossible. Business is not for the quitter so you should not be discouraged when you make a mistake such as believing particular business myth. What you have to do is to avoid believing in myth and here are some tips to run your business smoothly:

Avoiding the myths in the business

Myths in the business are believed because they are spread easily. Therefore, it is highly advised not to believe everything written or said even if the information is spread by majority of people. Remember that running business needs more logic to function properly. Meanwhile, myths don’t have anything to do with how the business works. For example, some people say that business is only for the wealth. It is not true because everyone with different disciplines and backgrounds can always start their own business. 

Instead of believing in some myths, it is more beneficial to believe more in yourself. There are obstacles in running business for sure. However, you also have goals you want to achieve. You can avoid some myths by focusing on your goals and find some ways to reach them. Some myths are not encouraging at all for example, running business means you can just sit leisurely and the money will come by itself. Running business means you need to work hard and smart. More than often, you will have to sacrifice your energy and time to make sure everything work your way. 

Read More: Are You Making These Mistakes in Business?

Some myths are believed might be caused some people experienced them in the past. However, remember that every individual has their own ways in managing a business. Besides, every business has its own unique points. You don’t have to follow the majority of people to be successful in your business. Being different and unique is proved to be more advantageous because then you will be more standout among your competitors. 

There is also myth that business totally depend on the market situation. It is true that the market plays important role in how business functions. However, it doesn’t determine how your business can successfully work. There are other factors aside from the market that can lead you to your success. Even if the market is in bad situation, you can survive by using the right strategies and methods. Thus, the market is not the only thing that determine your success.  

Assessing the Risks of Your Business

When you decide to start a business, it means you also need to be ready with everything it has and cause. Making decision is one of the most crucial parts in running business.

How to assess and manage the risks of business

Every decision has its risk no matter which one you make. However, it is also important for you to assess every risk that your business has so you can make wise decision which will benefit your business instead of ruining it.

How to assess and manage the risks of your business

Having risk management strategy is needed from the start. With the right plan and approach, you will be able to prevent from costly mistakes and disaster. Reducing business risk is possible because make it totally disappear is impossible. The possibility of the unexpected is still left as one risk you need to anticipate.

To be able to manage the risk, you need to understand it thoroughly. There are many small business can’t survive and one of the reasons is due poor risk assessment. When you have proper risk management strategy and be able to perform business risk analysis your business will have more opportunities to thrive instead of falling.

There are at least two type of risks you need to anticipate. First is the most common risks happen to every small business. Another one is the risk that is unique to your business only. Both need to be understood, assessed, and managed.

As the effort to reduce the risks, you can do several strategies. For example, you can buy and use better security system to guard your physical property. Invest in training to ensure that all your employees are equally knowledgeable with information needed to know.

Ensure the safety within workplace is also necessary to reduce the risk. After taking all needed actions to reduce the risks, you still need to review your business risks management plan in regular manner. You need to makes updates so everything will stay in control.

The point of risk assessment is the continuity. It is not one-time thing that once you make the plan then it is done. You need to implement the plan and keep reviewing its performance. If there is something that needs to be changes, then you have to update it immediately. You need to make your risk management to stay relevant and up-to-date.

Another strategy to reduce your risks after assessing them is to have insurance. Of course, the options of insurance are available in wide range that it can leave you in confusion.

However, you truly need to consider it if you plan to grow your business. You can start off with general liability insurance so your business will be protected especially from property damage, medical expenses, legal expense, injury to a third party, etc.

Risks are part of running business so there is no way to avoid them. Instead, you need to be prepared with them by understanding and assessing them. Then, you should manage and reduce the risks to protect your business from any loss.

Reasons Why Investors Should Be Aware Of Their Mind

You see, it is easy to trick your mind through various things such as optic illusion, presumption, and many more. As for business, thinking rationally is the right thing to do. That’s why the way you think and how your mind work is important because your decision making in investment is influenced by it. You might think that you think rationally but it is not always the case. Sometimes, you think that you think rationally but make irrational decision for your investment. You see, there is what it’s called as human tendency which influence your mind. Bias is a form of tendency every human has. When you are biased to positive things, it can result in positive result in your decision making.

Be aware of your mind in investing

Your mind can play trick or being tricked. That’s what leads you to make mistakes in your journey of investing. Of course, making mistakes is common but if you can prevent it from happen then it is better. Here are things about mind you need to be aware of especially when it comes to property investment.

Reasons Why Investors Should Be Aware Of Their Mind

Lack of Logic

It is easy for your mind to lack of logic. One of the reasons is that it is easier to believe that what you can’t see means it doesn’t exist. The relation of this way of thinking to investing is that some investors avoid finding or reading news which contains unpleasant information about investment. They avoid it to stay positive and hope that everything will always be alright. This way of thinking is not good for your mind. Successful investor reads a lot. They always have courage to talk to others even when they have different perspectives. They see everything objectively so their mind is always conscious in making decision.

Your Mind is Playing Trick

The property market is one of the most important things when it comes to property investment, however, your mind can also play trick regarding to property market. You may have your mind ingrained with the understanding that every property market has its cycle and your future of business depends on it. However, it is not entirely true. It can be your mind playing trick and telling you that it has certain cycle even when it doesn’t. The right thing to do is to be mindful in drawing conclusion about the situation in the property market. Sometimes, the events are not cycled at all. Being perceptive of the situation is necessary so that your mind won’t get confused in making investment decision.

Influence of Old Knowledge

Your knowledge can influence how your mind works as well. You see, when you think you have already know something, your mind refuse to find more information or seek advice from others. Investors who are like this tend to refuse asking for help as well and adamant in work independently. However, successful investors are those who are aware of their knowledge and know that they can’t truly work alone to be successful. Opinion and advice from others they consider as important as their own knowledge.