4 Business Types You Must Know

Business, not just do the buying and selling is done. It takes courage to start doing business. Business types is 4 (four). Business Stubs, Business Opportunity, Franchise, and Autopilot. The four types of business have advantages and disadvantages of each. By following the article below to complete, then you will know the business that has or will you wake up including which type of business.

Business Types

4 Business Types

1. Business Stubs

Business stubs are all businesses you start from scratch. The risk and busyness is greater, but the return (return) is also greater. This type of business is the most widely used by the people of Indonesia.

2. Bussiness Opportunity

With BO (bussiness opportunity) you get the ease of brand, knowledge and equipment from the center. So you are easier in the initial preparation in opening a business. BO is a breakthrough business for beginners with low risk / small but have a decent profit. The most used BO around you is BO for Donuts.

3. Franchise

With the franchise you will get the brand, the system from the center. Support from the center is done continuously (because you pay royalty to the center also continuously). The role of the center is proportional to royalty. For example the royalty for the center of 1%, then the central role is also 1%.

Examples of businesses that are managed with franchise business types such as McDonald, KFC, Pizza Hut, Starbucks Coffee etc.

4. Autopilot

All managed center. In general, the center is responsible. Which includes the type of business autopilot is 7eleven, etc. Return for you is not too big, because you also do not work.

For the type of business, the business opportunity and the type of franchise business all the risks and consequences you bear, including the risk of profit and loss. Because basically your business manage yourself. If you could profit billions, it is your right. So also if loss. But for most ordinary people, if the loser is the center of the blame.

Does it mean there’s no difference between business type and franchise? Take a look!


– Small capital, can start from 1.5 million
– Just run by buying and selling broke up
– Brand / name already exists, it’s up to you for use it or not
– Promotion is there but not absolute
– Can be independent
– The success rate is greater
– Development is more free


– Large capital, starting from 100 million
– Absolute business format followed
– Brand / name already exists, must be followed.
– Absolute promotion exists
– Can not be independent, all determined by Franchisor
– The success rate is greater.
– Business development is determined by Franchisor

Most of the people who take the business type BO (Business Opportunity) expect to run like a franchise. For those who take the franchise hopes it will run like an autopilot. Understand the differences between the four types of business.

So, which business type is best for you? Choose according to your readiness and character. None of the business types are “the best”. Everything is a plus minus. If your business has not started yet, then you should be able to decide which business type you will take.…

Profitable Small Business You can do from Home

A lucrative small capital business !!! What comes to mind in us is the effort that we run to supplement the main income. Relying on basic salary as employees every month makes us dizzy themselves. Not to mention the increasing needs of the day. So why do not you want to try to increase your income through side work. Starting a business does not need large scale let alone you as a beginner. The important future is quite profitable and can supplement your income. Here I will try to share examples of side business and fixed business profitable with small capital.


1.- Phone credit

Human need for phone credit nowadays I do not think you should ask again even you are one of the active phone credit users.

2.- Realtor and property

The advantage of being a broker I think is quite high. Staying longer to sell or offer in the form of land or property lease is not an easy job. You are required to work more extra and build a wider relationship. Profit received into a realtor in the form of fee. Usually the fee you receive in the form of sale and lease is about 3% from 1M. While for rent and sale above 1M you will receive a fee of 2.5%. I think the profit is quite tempting.

3.- Paint

The most fun work is when we get paid with the hobby we work on. If you have a hobby to paint it is a plus for you because in addition you can channel the hobby can also bring a purse of rupiah that is not small. The key to success to run this business is often follow the exhibition and attention to detail the results of the painting so that you get new ideas.

4.- Online shop business

In the past I also write an online shop is a promising small business capital opportunity, now I recommend again for you want to find a suitable business idea to run. Online shop or online store is very interesting tuk run because the offered is not limited in either the form of goods or services.

5.- Reseller

Reseller working system is not much different from the online shop, if the online shop of goods that we offer is our own while the reseller is someone else (party supplies). Being a reseller is not a complicated job you live advertise in various free media like the web that provides advertising free. The advantage of becoming a reseller is generally a percentage (%), depending on your initial agreement on the supplies.

6.- Freelance writer

Write blog or web content now booming online now. Quite a lot of bloggers who do not have much time managing its web. Then they decide to buy content or articles to other parties. We recommend this opportunity you can catch as a profitable business without disrupting your main job. Why? Because you can do it at night.

7.- Language translator

Indeed from the first until now the google inc has provided translation of several languages ​​but the results of the google translation is still ambiguous and irregular both in terms of vocabulary and sentence arrangement. If you have the skills to translate a foreign language into Indonesian or vice versa it is one advantage for you because not many are able as a translator.

8.- Teacher tutoring

being a tutor does not differ much from the same language translator in the same field of science. If you can not afford to go to high school you can teach for elementary school as well as for kindergarten.

9.- Publisher advertising

On each site especially about side business opportunities you may find this word, because publisher advertising from the past until now is the choice of many people. The advantage of publisher advertising is in the form of PPC payment per click, every visitor who clicks the ads you publish will be paid to you. For the amount per click it depends on the ad.

10.- Graphic design services.

Graphic design services one of the small capital business opportunities that are easy to do. Both for office workers and a student. To be a reliable graphic designer you need to learn and often search for new ideas for ideas designed. Not a few people choose graphic design services as a job to increase the main income.…

Six golden rules to create your Forex success Formula

Rule 1, use your strategy

The term “OWN” should be crystal clear to you. By using other people’s trading strategies, you might be able to make consistent money but you will always have to worry about your future. If the market change, the strategy will no longer work. Most importantly, you will not be able to fine-tune your strategy based on the change in this market. In other words, you will be dependent on the professional traders. But if you trade this market with your “OWN” strategy, you won’t have to deal with such issues. Regardless of the market change, you develop your trading strategy according to your needs.

Rule 2, consider this as your business

Trading should be considered as your business. If you intend to make some profit, you have to think about the future. Making some quick bucks by placing some random trades doesn’t mean you are successful. To create your success formula, you must have a vision. Remember, the Forex market is the best place where earning potential has no limit. Based on your plan, you will get a return from this market. If you rely on short term plans, trading is not the right profession. Focus on your day job and you will be able to lead your life.

Rule 3, the safety of your investment

You must protect your capital at any cost. If you rely on long term goals, you must think about the safety of your investment. The rookie traders get lost by losing a few trades. They lose hope and start risking their accounts to recover the loss. Unlike them, the pro traders know the perfect way to recover the loss. So, equip your trading plan with a strong recovery strategy. A recovery factor will make you a confident trader and allow you to place the perfect trades in any market.

Rule 4, stay tuned

Your formulae should understand the power of information. Without keeping yourself updated, it’s very hard to make the right decision in the Forex market. Most of the time, traders rely on technical data. Technical data will solve a certain portion of the puzzle. But to get into the core of this game, you have to focus on fundamental data. By utilizing the technical and fundamental data, you can develop a perfect trading strategy that will eventually make you the best trader. But never get biased with the concept of best. Try to be better as it gives more opportunities to develop your skills.

Rule 5, trade to lose money

The ultimate success formula depends on your losing ability. As a trader, you should never place the trade with positive expectations. If you do so, it would the toughest task to embrace the losing orders. Since losing money is very common for the Forex traders, you must get yourself ready to accept losing trades. But these losses should be within your risk tolerance level. For that, you have to rely on a strict money management policy.

Rule 6, Ride the trend

To make some serious cash, you must ride the trend. Using traditional strategy or risk-reward ratio is more like doing a day jobs. Your trading formula must have a different approach and only then you will find joy in this profession. Work and bring variations to your system to become a better trader.…

Health Insurance: All Questions Answered

A type of insurance coverage that pays for medical as well as surgical expenses incurred by the insured is known as health insurance. The insured is reimbursed by the health insurance for expenses that are incurred from various illnesses or injury.

Below are the top questions usually asked by customers before purchasing a health insurance policy: 1.    Should you buy health insurance at a young age?

Yes, buying health insurance at a young age is a clever idea. It comes with a lot of benefits:

  • The rate of life-threatening diseases is increasing at an alarming rate. Moreover, our sedentary lifestyle, poor food habits and degrading environmental conditions significantly impact our heath. Therefore, purchasing health insurance at a young age is essential.
  • When you’re young, you are at a lower risk of suffering from life-threating diseases like cancer, and so forth. Purchasing a medical insurance policy at an early stage in life ensures lower premium payment. When you run a low risk of catching severe diseases, the premium charged by the insurance company is less.
  • When we are young, we tend to think that our corporate insurance is enough. What we don’t understand is that our companies offer minimal health cover. It is likely to leave us underinsured. Apart from that, this cover will terminate after you leave the company. Hence, you must have a personal health plan. This not only provides enough protection but also can be customized according to our changing needs.
  1. Can tax exemptions be availed on health insurance plans?

Deduction on Section 80D in Income Tax Act is applicable on Health Insurance Premiums. You can claim a deduction of up to Rs. 25,000 per year for medical insurance premium installments.

  1. What are the things that should be considered before buying a health insurance policy?

Firstly, you must always pick a credible insurance company to cover you. Choosing a reputable health insurance company must be a top priority for your family. Always look at the quality of coverage you are being offered for the money you are paying. The health of your family is too important to be risked. Hence, always compare and choose a family health insurance policy that has good customer reviews.

Few more important details/ health insurance tips to consider are:

  • Type of health insurance plan
  • Features of your health plan, according to your speculated future health needs
  • Sum insured that considers inflation and suits your budget. Also, does not leave you under-insured.
  • Network-hospitals of your insurance provider
  • The customer reviews about the company or policy

Poor medical history

Every Individual must have a health insurance, as it is important for several reasons. Lack of insurance is a fiscal burden for them as well as their families. Safety-net care from hospitals as well as clinics will improve access to care but will not fully substitute for health insurance. However, before buying health insurance, one must compare multiple policies. For accurate comparison, one can utilize a health insurance premium calculator. This will also help you plan your budget and premium payments.…

Health Insurance Sub-Limits Explained

Most people decide to take up health insurance for protecting themselves as well as their families from unannounced medical emergencies. Health insurance in India includes features like daycare procedures, co-payment clause, cashless cover, etc. Waiting period and exclusions limits imposed by the health insurance provider on payment of the sum assured are some other things that a customer must be aware of before purchasing a plan. An upper limit on the treatment of any medical condition is known as the sub-limits in health insurance plans. It is a monetary limit placed on medical insurance claims by the insurance provider. The same limits are applicable on hospital room rent, ambulance charges, nursing and doctor’s charges, cataract removal, knee replacement charges, etc.

  • Why do you need to know about sub-limits?

A very critical aspect in choosing a health insurance plan is understanding the sub-limits. The lack of unawareness of sub-limits can lead to severe repercussions. You may also be unprepared to meet the costs of medical treatments. Sub-limits can also be mentioned as a fixed value for treating any disease/ illness. It can be expressed as a percentage of sum assured for specific diseases as well. Health Insurance plans with low/ no sub-limits usually have high premiums.

  • Sub-Limit on Room Rent:

The liability of the health insurance policy provider is limited in the room rent sub-limits to a specific amount or percentage of costs related to room expenses. Also, the insurer can restrict the type of room that includes the general room or the semi-private room as well. For instance, if the rent of your room is Rs. 8,000 and the sub-limit of the policy is of Rs. 4,000, then the policyholder will have to fork out Rs. 4,000 from their pockets.

Mostly the medical expenses include doctors and nursing charges. It also includes surgical procedures or the operation theatre charges that also depends on the type of room the policyholder avails. Hence, these expenses will add up to the cost and sub-limit increases the difficulties of the policyholder further. The sub-limit clues need to be discussed by the policyholder with the insurance provider so they are clear and avoid any surprises that are unwanted at the time of claim settlement.

  • Sub-Limit on Specific Treatment:

Before finalizing on any health plan, be it a critical illness insurance policy or health insurance for senior citizens, keeping sub-limit in mind, you must check the list of diseases or conditions that are listed in the sub-limit clause. In addition, check the limit on the costs associated with them. However, claiming the entire amount for treatment or hospitalization is not possible if there is a sub-limit clause, even though the sum you’ve assured is high.

For example; If the sub-limit for the treatment of a particular illness is Rs. 15,00,000 and the sub-limit clause states that in case of that treatment, payment would be made by the health insurer up to 50% of the cost. The insurer would then pay only Rs. 7,50,000 and the remaining amount will have to be paid by the policyholder.

Hence, if you wish to have a claim settlement that is assured and hassle-free, you or whoever is the applicant will need to have a thorough understanding of sub-limit clauses. Therefore, understand the clauses stated in your policy before making an insurance claim.…

Guidelines for Health Insurance Renewal in India

Buying online health insurance has become easy in India. However, renewing it on time is equally important because it helps to prolong the benefits of your plan. Moreover, renewing or buying health insurance online is convenient, easy, and affordable. It saves time as well as the efforts of an individual. You can renew it through various modes.

Let us now understand the process of health insurance policy renewal:

  • Health insurance renewal process

Health insurance can be renewed via offline or online mode

  • Online process:

Health insurance can be renewed easily on the portal of the insurance company. You need to fill up all the required details and make an online payment to renew your health insurance instantly. Following are the steps for the renewal of health insurance online:

  1. Go to the insurer’s website: The first step for the insurance renewal process is to log in to the insurer’s website. A renewal link will be available there. This link will redirect you to the renewal page where you can renew your policy. Some websites provide their customers with login ID and password. You can log in on the insurance company’s website and renew the policy.
  2. Provide basic details: You need to provide requisite policy details such as the policy number, date of birth, other documents, etc.
  3. Make the Premium payment: Once you have filled all the details you will be directed to the payment page. You will have to pay a premium for the renewal of health insurance. You can pay the premium by net banking or by debit/credit card.

Instant renewal of policy: After the payment is done you will receive a digitally signed copy of your renewed policy that will contain all details of the policy as well as the coverage amount. Obtain a print of your policy, and store it safely.

  • Offline process:

For an offline procedure, follow the steps mentioned below:

  • Visit the insurer’s office.
  • Pay the premium to the agent at the office
  • Pay cash or issue the cheque in the name of the insurance company and not in the name of any individual


  • Drawbacks of not renewing your policy on time:

Your policy expires if you do not pay the premium on the due date or within the grace period of thirty days. If your policy expires you will lose the benefits of the previous policy such as:

  1. No claim bonus: You get a bonus from the insurers, that can be utilized during renewal, for not claiming in the previous year. However, you will lose your no claim bonus if you do not renew the policy.
  2. Waiting period clauses: The starting period of health insurer membership during which there is not any benefit payable for some procedures or services is known as a waiting period. You can apply waiting periods to any additional benefits while changing or upgrading your health insurance policy. Health insurance policies come with a waiting period of 30 days at the initial stage. If your policy expires you will have to start again with a new policy and a waiting period of 30 days.

A waiting period is an initial period of health insurer membership during which no benefit is payable for certain procedures or services. Waiting periods can also apply to any additional benefits when you change (upgrade) your health insurance policy.

  1. Cover for pre-existing diseases: Some pre-existing diseases are covered after 3-4 years of continuous coverage. You will have to start from scratch if your policy expires.
  2. No coverage: If you do not renew your policy on time, it will expire and you will not be able to avail your health coverage. This means you will have to incur expenses from your pocket in case of any medical emergency. However, if the policy is renewed during the waiting period then all previously provided policy benefits will be continued.
  • Conclusion

Health insurance is essential to cover your medical expenses. The medical expenses can include hospitalization costs, day-care procedures, domiciliary hospitalization, pre and post-hospitalization costs, etc. Although, it all depends on the type of health cover one opts for. For continuous health cover, a timely health insurance renewal is important.



Follow These Easy Tips To Avail The Best Two Wheeler Insurance

We all know that motor insurance is mandated by the Motor Vehicle Act, 1988. It is important to understand that two-wheeler insurance is also the need of the hour for many reasons. One must have a motor insurance policy to protect themselves from the third party liability cost.

  • Two-wheeler insurance policies

Various kinds of risks are covered by two-wheeler insurance policies. Along with personal liability, comprehensive two-wheeler insurance plans also cover theft and other unpleasant experiences.

There are chances that your vehicle gets stolen when parked near your home or a public place. In such a situation, you must inform the insurance company about the theft. Later, register an FIR with the police station for further investigation. The insurance companies will compensate for your loss as per the value of your vehicle declared during policy issuance, according to the applicable terms and conditions.

When looking for two-wheeler insurance policies, people tend to confuse between a comprehensive insurance policy and a third-party insurance policy.

Third-party Liability Policy

A two wheeler insurance third party takes care of the financial losses that you suffer due to injuries caused to another person, vehicle or property. As per the Motor Vehicle Act, 1988 it is a mandatory policy by law in India.

Comprehensive Policy

The comprehensive plan is basically a combination of third-party liability insurance and own-damage cover. Financial support will be offered against all kinds of damages that are caused to your bike as well as another individual, vehicle or property.

  • How to buy the best two-wheeler insurance policy?

Given below are a few tips that will help you choose the best two-wheeler insurance policy:

  1. Claim Settlement Ratio – Performance of the insurance company is indicated by the claim settlement ratio. When your vehicle is lost or damaged, your insurance plan should assess the damage and on that basis provide financial remuneration for the same. Help should be extended by the insurance company as per the applicable terms and conditions in the policy.
  2. Coverage – To cover various risk factors in a very efficient manner, you should opt for a comprehensive bike insurance plan. A basic insurance plan will cover third-party damages only. However, own damage will not be covered i.e. the loss or theft of the vehicle. Therefore, go through the policy wordings before you buy an insurance policy.
  3. Policy Tenure – Premium will be affected by the tenure of the insurance policy. The insurance premium will be fixed and you might save some money, provided premium rates increases over the year, if the tenure is long. The two wheeler insurance premium will be the same for all three years if you buy a policy of that duration. You will not have to undergo the renewal process at the end of the year if you opt for a long-term policy.
  4. Premium – Insurance premium is based on the model of the vehicle, the age of the vehicle, coverage of your policy and the geographic location.
  5. Customer Support – Customer support and services should be offered by the insurance company as required by the customer. You must have access to reach the company by phone, email or other channels. The assistance in finding the garage, where the repair/ replacement of spare parts will be done quickly and using cashless claims, should be offered by the executives.
  6. Network Garages – Always buy a two-wheeler insurance plan from an insurance company that has multiple network garages all over. It helps you manage cashless service from a network garage. You must inform the insurance company immediately after your vehicle is involved in the accident and fill the necessary forms to avail these benefits.
  7. Add-on Coverage – You can go for additional coverage as per your needs, in addition to the basic features offered by the bike insurance company. There will be great flexibility in terms of your coverage even though the premium increases with the additional cover.
  • Compare various policies

Comparing two wheeler insurance is essential because it helps you save a substantial amount of money. It also offers you better coverage options. A comparison will help you get the best car insurance quotes that can be availed using a two wheeler insurance premium calculator and save considerably on your premiums. An informed decision must be made while buying car insurance online.

Before you dig into comparing different car insurance plans, ascertain the kind of coverage you need and settle for the policy that fulfils your requirements.…

All You Need To Know About Family Floater Health Insurance Plans

A health insurance is one of the preferred options to secure your family during medical emergencies. Some people buy a separate one for each family member, which is perfectly fine. Now, you can simply buy one single policy for the entire family. Hence, buying a family-floater plan is the best option. Coverage is offered for all members under one single premium.

The family floater health plan is a type of insurance policy that will provide guaranteed coverage to more than one member of a family at the same time. It is very convenient as one policy covers everyone included in the plan. You only need to pay one single premium and both parents as well as children can be covered together. Therefore you must know how to choose the best health insurance plans for family.

Here are the top five things you must consider before buying family floater health insurance:

1. Consider family members

Family floater insurance will include all your loved ones. Certain plans allow only family members to avail policy benefits. Although, some of them can accommodate up to a certain number of family members as stated by the insurance provider. Before making a final selection, consider the number of dependants, their age, and so on. Next, pick a plan that suits your and your family’s needs.

2. Consider the members’ health

After you have finalized on the number of dependants you want to cover in a health plan, consider their health condition. It helps in calculating possible medical expenditures. In addition, it help evaluate the charges for ailments and diseases that are pre-existing.

3. Decide the Sum assured

You must choose the right sum insured, whether you purchase health insurance for yourself or your entire family. It’s about the amount against which your medical bills are paid. Always keep your family’s present and future health situation in mind while selecting a number. See to it that you can afford the premium amount to continue the policy in the long run.

4. Opt for network hospitals

When it is about your family, choose a hospital that is the vicinity and caters to the needs of all family members. You must also examine the health insurance company’s network hospitals. Opting for network hospitals guarantees cashless treatments. You can pick these hospitals and avail cashless treatments with ease.

5. Check for claim-settlement ratios

The number of claims passed by the insurance company in a certain period of time is known as the Claim Settlement Ratio. Before you select an insurance plan, the settlement ratio is also an important factor to consider. Securing your family’s health is very important, for doing so you need a health insurance policy which provides you with the monetary help that you require during emergencies or otherwise.

Always make it a point to peruse the policy documents, as this will help you while filing an insurance claim.

  • What all is covered under the family-floater insurance policy?
  1. Nursing expenses that are incurred during in-patient hospitalization
  2. Pre as well as post-hospitalization medical expenses
  3. Ambulance charges
  4. Room, boarding expenses as provided by the hospital
  5. Anaesthesia, oxygen, blood, and operation theatre charges, X-ray, dialysis, radiotherapy, chemotherapy, diagnostic materials, medicines and drugs, cost of a pacemaker, cost or organs, artificial limbs, donor’s medical expenses towards organ transplant, etc.
  6. Reimbursement of expenses up to a certain maximum limit as predefined by your insurance provider

Business loan, Start Ups and Angel Tax

India has one of the fastest-growing startup ecosystems in the world. And the recent government initiatives like Make in India, Startup India and schemes of small business loans are giving it a further boost.

Such business loan schemes and promotional campaigns are having a positive impact on angel investors in India and around the world who are increasingly investing in startups in India. An angel investor is a person who provides capital to startups in exchange for convertible debt or ownership for equity in the startup.

Until recently, startups in India had to face a big issue of Angel tax, which was introduced in 2012. Angel tax is the income tax levied on the capital raised by companies which are unlisted, through issuing of shares via off-market transactions.

The uniqueness about this tax is that it is levied if the angel investor is an Indian citizen. Along with that, the tax is applicable if the share price of issued shares is more than the company’s fair market value. The excess value is considered as income and deemed taxable.

Angel tax was introduced under the Finance Act, 2012 to combat money laundering through small companies. However, it was having a negative impact on the startup ecosystem.

To stop this negative impact on the startups in India, the government has given certain concessions like the entity will be deemed startup for 10 years up from 7 years. In addition to that, the upper-limit tax exemption for startups turnover is increased to Rs.100 crore up from Rs. 25 crore.

Exemptions on investments made by domestic investors on startups will only be given if it meets the below-listed criteria’s:

  • After the shares are issued, the paid-up capital complete with a share premium of the startup should not be more than Rs. 10 crore
  • The startups fair market value must be certified by a Merchant Banker
  • An investor net worth should be Rs. 2 crore
  • The average income of the investor in the last 3 financial years should be Rs. 50 Lakh or more

As of now, a startup has to simply put a request for angel tax exemption to the DIPP (Department of Industrial Policy & Promotion), with the required documents.

At present, the angel tax rate is 30.9% on the net investment which is more than fair market value of the business entity. So if a startup with a fair market value of Rs. 15 crore get an investment of Rs. 25 crore, by issuing 1 Lakh shares of Rs. 2,500 each, it will have to pay the Angel Tax amounting to a whopping Rs. 3.09 crore, on the excess Rs. 10 crore.