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Ideas for a small PT company in Bali

Last activity 31 March 2022 by RashedAlqemzi

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RashedAlqemzi

Hello all,

My wife and planning to do some business in Bali,  local PT company, and we would like to have some ideas from you guys from your experience.

She is indonesian and we are looking for something less than $100,000 USD, something to live from rather than to make fortune from.

Let's see what you guys have in mind !

Much appreciated 🙏

Fred

Bali has seen a rough time since the covid mess but it looks like things are on the way back.
Perhaps I might offer a suggestion - look at what's missing in Bali that you are capable of doing.
Then ask if it's missing because there's no hope of trade, or because nobody has thought of it.
5 million restaurants and other tourist centered businesses means takings are spread 5 million ways.

RashedAlqemzi

Yes Fred,  that's a good suggestion mate.

Thought about the restaurant but I believe it would be too risky and I don't think we can offer any thing new beside what other offering right now.

Let's see what others might suggest, and Yes Bali will always come back! Covid will go and people will be normal.

Guest123967

Hi Rashed, I'm Antonio from Italy,  and  about in the middle of April I will too arrive in Bali.
I will write here my e-mail, so if you contact me, I will suggest a  initial business   and all informations, may  be we can join.
***

Moderated by Cheryl 2 years ago
Reason : For security reasons, do not post your contact details on the forum please.
We invite you to read the forum code of conduct
Fred

Contact details aren't allowed on the open forums. You'll find out why if you ever manage to do it.

RashedAlqemzi

I don't want to contact anyone, Im just looking for suggestions:)

So Antonio, why don't you say it here and I'm not looking for a partner.

Thank you for the offer 🙏

Ryan_chaniago

I think Bali is synonymous with tourism. Here are some habits that are most often sought after by local tourists.  Lodging with cheap but comfortable rental prices, comfortable gathering places such as coffee shops, local specialties, finally souvenirs (can be snacks, clothes with local designs, etc).  Of all the most sought after are souvenirs.  Local tourists usually use Bali as a place for pre-wedding photos or weddings or honeymoons.  But from all of that, look for the type of business that you both have the most control over.  Actually, I believe that any type of business will run smoothly if there is careful planning, budget, patience, perseverance, evaluation, good promotion and commitment.  Do not try to run a business if you are afraid of failure.  Sometimes success can come quickly but sometimes it can also take a long time.  Wish you luck.

Fred

Ryan_chaniago wrote:

Do not try to run a business if you are afraid of failure. .


Good point, but I would add - Don't put money in you can't afford to lose.

RashedAlqemzi

Exactly guys! I agree with both of you.
From our side we both good at agriculture.

We might also do that out of Bali and it will be cheaper even. Do some coconuts and vegetables farming in sulawesi, as Bali is already too crowded.

Fred

RashedAlqemzi wrote:

We might also do that out of Bali and it will be cheaper even. Do some coconuts and vegetables farming in sulawesi, as Bali is already too crowded.


Bali is the singularly most popular area of Indonesia for a number of reasons, but many other areas have exceptional beauty as well as business opportunities.

Some parts of Sulawesi  had a bit of an issue with radical groups but the cops (D88) killed a good few of them. If the serious mob (Kopassus) go in as a many want, the lot will disappear pretty quickly. Terrorists don't play with Gultor because they find out the true meaning of 'terror' in a 'dead pretty fast' sort of way. Imagine the SAS but meaner, and you have the TNI's special anti terror group.

The more serious issue, and one you're far more likely to come accross, there is heavy industry. The island's location makes it an idea base for a number of industries, so check out what's in any area you're considering before you commit to anything.

RashedAlqemzi

Fred wrote:
RashedAlqemzi wrote:

We might also do that out of Bali and it will be cheaper even. Do some coconuts and vegetables farming in sulawesi, as Bali is already too crowded.


Bali is the singularly most popular area of Indonesia for a number of reasons, but many other areas have exceptional beauty as well as business opportunities.

Some parts of Sulawesi  had a bit of an issue with radical groups but the cops (D88) killed a good few of them. If the serious mob (Kopassus) go in as a many want, the lot will disappear pretty quickly. Terrorists don't play with Gultor because they find out the true meaning of 'terror' in a 'dead pretty fast' sort of way. Imagine the SAS but meaner, and you have the TNI's special anti terror group.

The more serious issue, and one you're far more likely to come accross, there is heavy industry. The island's location makes it an idea base for a number of industries, so check out what's in any area you're considering before you commit to anything.


Yes Fred,
Bali is good for a competition businesses as many are already in place. Also require high capital to start with.
We are looking for living income without too much competition and hustle, Yes all business with have hustle and issues, that's normal, however, we try to minimize as much as possible. Therefore, Bali would be tough decision for us now.

Sulawesi and every place on earth have issues, we are planning in north of Manado, it's good area and not bad to start with. coconuts farming is good there and better land price for us. My wife is from there as well.

I wish we can invest in Bali... but I don't feel good now. unless we find a good idea and we are able to manage.

Ryan_chaniago

RashedAlqemzi wrote:
Fred wrote:
RashedAlqemzi wrote:

We might also do that out of Bali and it will be cheaper even. Do some coconuts and vegetables farming in sulawesi, as Bali is already too crowded.


Bali is the singularly most popular area of Indonesia for a number of reasons, but many other areas have exceptional beauty as well as business opportunities.

Some parts of Sulawesi  had a bit of an issue with radical groups but the cops (D88) killed a good few of them. If the serious mob (Kopassus) go in as a many want, the lot will disappear pretty quickly. Terrorists don't play with Gultor because they find out the true meaning of 'terror' in a 'dead pretty fast' sort of way. Imagine the SAS but meaner, and you have the TNI's special anti terror group.

The more serious issue, and one you're far more likely to come accross, there is heavy industry. The island's location makes it an idea base for a number of industries, so check out what's in any area you're considering before you commit to anything.


Yes Fred,
Bali is good for a competition businesses as many are already in place. Also require high capital to start with.
We are looking for living income without too much competition and hustle, Yes all business with have hustle and issues, that's normal, however, we try to minimize as much as possible. Therefore, Bali would be tough decision for us now.

Sulawesi and every place on earth have issues, we are planning in north of Manado, it's good area and not bad to start with. coconuts farming is good there and better land price for us. My wife is from there as well.

I wish we can invest in Bali... but I don't feel good now. unless we find a good idea and we are able to manage.


Coconuts take a long time to grow.  But I think it's a good plan.  Because coconut is widely used for needs.  I think you should also have a job or another business with a fast-moving business while waiting for the initial process of growing coconuts.

Actually, the cost of living is relatively cheap on the island of Java.  For example in Yogyakarta or actually other areas except Jakarta and Bandung.  I live on the island of Java.  Near my territory there is still a lot of cheap land and the cost of living is not too high. While the cost of living outside Java is quite high.

RashedAlqemzi

We planning to have some animals farming and other plants while we wait. And also there lands with coconuts trees already planted, but higher price.

We haven't looked in Java so far, any info?

Ryan_chaniago

RashedAlqemzi wrote:

We planning to have some animals farming and other plants while we wait. And also there lands with coconuts trees already planted, but higher price.

We haven't looked in Java so far, any info?


Why don't you try aquaponics?  A system that combines agriculture and animal husbandry.  Actually I have a friend who wants to sell his house in the Bogor area, West Java.
The land is sufficient for agriculture and animals farming.  But I don't know if the price fits your budget or not.  All I know is that he sold his house below market value.

But apart from that there is still a lot of land on the island of Java which is relatively cheap, but the area is far from urban areas.

Btw, it's been a year since I started a side business of raising superworms.

Fred

Bogor is handy for Jakarta and, if you're a bit out of town, it can be quieter. The further up the hills you go, the cooler it gets, but it's mostly hot.
Assuming you aren't too far out of the way (and near an Alfamart and an Indomaret - where isn't?), you'll have all the basics you need to live a stress free life.

Ryan_chaniago

Fred wrote:

Bogor is handy for Jakarta and, if you're a bit out of town, it can be quieter. The further up the hills you go, the cooler it gets, but it's mostly hot.
Assuming you aren't too far out of the way (and near an Alfamart and an Indomaret - where isn't?), you'll have all the basics you need to live a stress free life.


Mr. Fred is absolutely right.  Regarding the two minimarkets, don't worry. There are quite a few store in the Bogor area.  haha.. Even if you can't find they store, but you have enough capital.  You can open one of these store.  Because they open up opportunities for francishe.

What I know is that the cost to open their franchise is around 300 million to 600 million rupiah.  There is a cheaper one, namely a franchise from the lotte group.  It's only about 100 million rupiah.  Provided you have a place to set up a store.

Fred

There are Indomarets and Alfamarts around every corner in most places, but there are gaps.
The following links will look after that

https://waralaba.alfamart.co.id/https://indomaret.co.id/home/index/terwaralabahttps://lottemart.co.id/mitra-usaha-lotte-grosir

I have absolutely no idea what sort of profit you'd be looking at, but the numbers must be some good or there wouldn't be so many that stick around for years.

Ryan_chaniago

Fred wrote:

There are Indomarets and Alfamarts around every corner in most places, but there are gaps.
The following links will look after that

https://waralaba.alfamart.co.id/https://indomaret.co.id/home/index/terwaralabahttps://lottemart.co.id/mitra-usaha-lotte-grosir

I have absolutely no idea what sort of profit you'd be looking at, but the numbers must be some good or there wouldn't be so many that stick around for years.


I just want to add a little information.  The three companies have different values.  But I can say whatever value you spend all depends on you too.  Many people join the franchise.  But not everything lasts long.  This happens because not all owners can manage their business properly. As I said earlier that commitment to running a business is important.

For example, in one of the franchises with the smallest investment value.  I met several times with the owners of the store that joined the franchise.  But Most complain because they don't really understand how to run their business.  Some eventually closed, some persisted with their business.  Most of the survivors are people who have a high commitment to their business. Because of the company it is entirely up to each member of the franchise to manage their own business.  So actually a lot of people misunderstood.  Many people think that by joining a franchise they just need to sit back without having to think about the business.  Even though they should have worked hard and thought about how their business could progress well.

Fred

One important point to note for any business of that nature - Make sure it's really easy to park, and keep the illegal parking attendants away.

If you want to give someone a job watching parking and help get people on the road, have someone polite you can trust, buy them a hi-vis with your company name on it, and let them take the 2 thousand for parking.

Duff, illegal parking people can ruin a business faster that not having a place to park. There are several shops I don't go to simply because there's no easy parking, and others I avoid because I can't stand the people.

Ryan_chaniago

One important point to note for any business of that nature - Make sure it's really easy to park, and keep the illegal parking attendants away.

If you want to give someone a job watc...

you are right mr fred.  But the biggest challenge is dealing with community organizations.  When we open a mini market, certain community organizations will fight over the parking lot.  or not they will do a levy of money.  we have to be good at negotiating with them.  Because not everything will have a negative impact.  One brief example was an online motorcycle taxi driver who ran amok in a fast food restaurant.  But the incident can be immediately overcome by the community organization that guards the restaurant parking lot.  The negative impact is that the competition between the organizations sometimes often fights for the parking lot.  But I can say sometimes it's not just community organizations.  But there are elements from the police or army sometimes like that with the lure of regional security.

This is a reality that often happens in the field outside the lawful law.

RashedAlqemzi

Supermarkets are good if you know the business and ready to deal with all health and safety issues. 

For us, that would be a headache.. so we agreed on coconuts farm including animals and other crops and mushrooms. 

Trying now to get hold of a good land of about 20,000 m2 near Minahasa, North Sulawesi 

Fred

health and safety issues. 

 I laughed 

There are rules, but the number of shops actually following them is limited. However, if someone dies on you, there are very likely to be problems.


bennl

@RashedAlqemzi Great stuff, love your initiative. Keep us -or @ least me- posted on the progress! Fyki I’ve done the permaculture design course with Geoff Lawton years ago. 

RashedAlqemzi

health and safety issues. 

 I laughed 

There are rules, but the number of shops actually following them is limited. However, if someone dies on you, there are very likely to be ... - @Fred

 Made me laugh now lol.. 

RashedAlqemzi

@RashedAlqemzi Great stuff, love your initiative. Keep us -or @ least me- posted on the progress! Fyki I’ve done the permaculture design course with Geoff Lawton years ago. 

- @bennl
 Thank you bennl! .. we are trying to do what we are good at..and enjoy.. Bali was our first choice but..its not our style of doing business... we are simply and want to enjoy and support local communities..so hopefully by December we will secure the land and start from there! 

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