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Investing in property is a business strategy that you need to consider to anticipate your financial condition in the future. Property as an investment tool is chosen because its value tends to increase in the future. As an illustration, it is better to apply for a bank loan for buying a house than to buy a car. Why? Because the house that we buy will tend to go up in price, while the car that we buy is certain will continue to decrease as we use it.

However, for the readiness and security of investing in property, you must recognize the various costs that will arise when you buy a property. Moreover, the property you buy is expensive. You must recognize the costs that must be incurred when you do business on the property. The following are the costs:

a. Sign-up fee

The cost of the sign-up fee will be determined by the developer. However, if you buy a property through the secondary market, the fee is determined by the seller of the property. A sign-up fee is a form of clarity that you are buying a house or commonly referred to as a booking fee.

b. Down payment

After you incur the receipt fee, the next obligation is to prepare a down payment. You are required to pay a down payment if you buy a house through a developer. Meanwhile, if you buy through the secondary market, the down payment is estimated at 20% -50% according to bank regulations.

c. Installments

For beginners, property investment is usually done by credit or installments over the next few years by paying monthly installments. The amount of installments is determined by your agreement with the bank, but the amount will not exceed the amount of your income and your partner have.

d. Bank Fees

Buying a house using a mortgage means you have to do several stages of checking the completeness of paid files. One of them is the cost of surveying property assets before buying a house. In general, checking land certificates and property selling prices are based on prevailing market prices.

e. Insurance fee

The cost of insurance usually includes life insurance of 1% to 2% of the total loan. In addition, there will be fire insurance of 1% of the total loan.

f. Notary fees

A notary is a party that will help you a lot with the deed and certificate of sale and purchase. Notary fees are your full responsibility. The amount of the notary fee is adjusted to the needs of the buyer.

g. Tax

Tax is an obligation that cannot be avoided in every property transaction. Tax costs will arise with mortgages or cash payments. 

In general, the property is a term for land or buildings owned by someone. But, the property is not only limited to buildings that already stand firmly but also includes information about the land and the building that stand on it. Property is assets in the form of land, buildings, facilities, and infrastructure that inseperate from land or building. Property can be an alternative investment besides mutual funds or gold. However, doing business on a property must also be based on a caution so that you can not be harmed in the future. Here are Tips for Safe Investing in Property.

1. Choose the Right Location

Location is one of the things that must be determined before you want to buy a house or start a property business. People usually decide to start building a house because of the strategic location. The location also greatly affects the selling price of the property, strategic locations are easy to reach and close to the center of the crowd making your property have a high selling price.

2. Prepare Funds

In addition to determining the location, the cost is also one of the factors that determine people to invest in property. You must prepare funds to cover the main costs and other costs that become obligations.

3. Choose a Trusted Developer

Before starting to invest in property, you need to know the background of the property developer. Don't easily trust well-known developers. Make sure the performance is also good and reliable. Choose a developer who has at least 5 years of experience in the property sector. All information about the developer can usually be obtained through the related website.

3. Check Market Prices

Don't be in a rush to buy a property. There are many things to review before deciding to buy. One of the things you should pay attention to is the current market price. You must know the market price of a house you want to buy. You can check market prices online or do direct research. That way you can get the best price for your property investment.

4. Adequate Facilities

After checking the market price, you also have to find out what facilities are provided by the developer. Adequate facilities will also increase the selling price of the property. Pay attention to the availability of internal and external facilities. Internal facilities include places of worship, sports arenas, play areas, and infrastructure standards such as housing gates. While external facilities are facilities around housing such as office centers, schools, hospitals, and shopping centers. This is very important for those of you who are just starting to invest in property.

5. Mortgage approval

Usually, people will try to get mortgage approval to ease house payments. They are making a credit application for it.  A Bank loan is also something that makes it easier for novice investors to invest in property. Having a mortgage approval makes real estate agents or vendors confident about your interest in buying a home and making a property investment. In addition, mortgage also prevents the failure of a home buying and selling transaction between you and the housing agent.

6. Choose a tenor that suits your abilities

When you apply for a mortgage, the bank will offer various tenors. The tenor offered ranges from 5 to 10 years. Availability tenor will be calculated by the bank based on your ability. Don't force yourself to choose a short tenor if you are not ready financially, keep in mind that property investment is a profitable long-term investment.

7. Prepare Additional Funds

When making a property sale and purchase transaction, you must prepare more funds because there may be additional costs that must be borne in the process of buying a property investment. Here are some additional costs that may arise in a property sale and purchase transaction.

Those are tips for safe investing in property. Good luck

Broadly speaking, lead time is the amount of time between the initiation and finishing of any process. The term ‘lead time‘, is used in several different fields – from manufacturing, supply chain management, supplier management, project management, enterprise requirement planning, etc. It can be said that delivery lead time is the most critical aspect and indicator of an efficient inventory management system. By reducing waiting times, you can improve customer satisfaction and increase sales profits.

In business, lead time is the time difference between customer order for a service/product to delivery and completion of the order process. For example, your business produces various fashion. It takes two days to get raw materials to make the product and another two days to sew and complete 100 sets of final products. This mean lead time for your business to produce 100 products is four days. There are different types of lead time depending on business operations. However, there are four types of lead time in manufacturing business, namely:

1. Customer lead times. The time between order confirmation and order fulfillment.

2. Materials lead times. Materials lead times are calculated after the customer places an order. That is, the amount of time it takes to place an order with a supplier (if you run out of stock) and receive it. This can be affected by management information systems and low current inventory levels making it difficult for suppliers to fulfill your material orders.

3. Production lead time. After you receive the material, then you enter the production waiting time. This is the amount of time required to select, pack and ship the product if all materials are in stock which is also affected by several factors such as manpower, equipment availability, machine downtime, etc.

4. Cumulative Lead Time. Total waiting time from material waiting time and production waiting time, starting from confirmed order, production process, to product delivery.

For manufacturers, the consequences of waiting times that exceed the expected limits can be serious, especially when it comes to your company's business finances. There is a risk that you will run out of stock or have to restock more to compensate for an unreliable supplier. This will result in the emotional bond of your customer being hampered. As a result, your competitors may take your position, and introduce their new products more quickly and capture more market share.

 In the business world, lead time is the time difference between customer order for a service/product to delivery and completion of the order process. For example, your business produces various fashion. It takes two days to get raw materials to make the product and another two days to sew and complete 100 sets of final products. This mean lead time for your business to produce 100 products is four days. You will agree that when customers place orders, especially online, they want their orders to be delivered quickly. If your online business fulfillment or delivery process takes too long, you will potentially lose customers and lower sales rates. So, to retain your customers, you should make sure to reduce your business lead time. So what exactly is Lead Time Function For Business Performance

Here are some of the lead time functions for business performance:

Estimates demand. You will find it easier to estimate direct demand from the market and estimate product needs in a planned manner. So, you can determine how many products must be in stock to fulfill customer orders.

Order management is more organized. You can manage your incoming and outgoing inventory in the warehouse easily and in a planned manner so that deliveries arrives on time and restocked at the right time..

Better coordination with suppliers. Regarding the provision of the goods you need, you can ensure more clarity regarding delivery times, product quantities, return policies, and etc to meet customer requests.

Increase customer satisfaction and retention. Ethically, it shortens waiting times, meaning your customers receive their orders on time. Therefore, customers are more likely to return to buy your products and judge that your business has fast service and delivery. This creates customer loyalty to your business.

Improve supply-chain. Just imagine if the fulfillment of your business orders is often late, customers would not want to repeat orders at your retail store. As a result, the inventory in the warehouse has piled up due to dead stock. It's different if your waiting time is low, the supply chain operations will be more optimal, aka the entry and exit of goods faster, and will not cause inventory buildup.

Education Fund is one of the things that parents must prepare. Whichever school the child chooses, we must start thinking about their education funds. The way to prepare it is somewhat different from preparing high school funds. Before starting, make a plan in advance about whether the child will study in the country or abroad. It's okay to dream of studying your child abroad, I hope it will come true!

Here are the steps How to Preparing funds for a child's education abroad :

1. Understand the fee structure at the university you want to attend

Each university has a different fee structure, some have a single semester or package system, and some are paid per credit taken. Therefore, it is mandatory to conduct research from now on on the needs of children's education funds. There is also a permanent resident system in the country. Usually, the education fund will be cheaper.

2. Calculating the need for funds

Preparing funds for a child's education abroad is not only a matter of school fees but also other needs such as accommodation, living expenses, cultural differences, and return costs. In addition, an important thing that must also be considered is whether the child will live in a dormitory or own an apartment, or share an apartment.

3. Investment Plan

Plan an investments according to estimated needs plus an emergency fund.

4. Choose investment instruments

If the child who is going to college is still over 10 years, then use stock mutual funds. If it goes directly to stocks, this will be very risky. But if you understand, you can invest in stocks, but understand the risks. If your child is going to college in 5 years, just collect the exchange rate or the currency of the destination country so that the difference in inflation isn't too big.

5. Evaluation

Whatever our financial plans, it can be revised and updated according to current conditions. For example, by getting a bonus or successfully paying off a debt, you can allocate all the funds to a child's education fund.

6. Understand the source of funds to send children abroad

The main source of funding is of course the income of the parents themselves. However, don't create a new sandwich generation just to pay for your child's school fees. So, as much as possible, children's school fees are only 10-15% of our monthly income so that we still have investment funds for our retirement.

Then there are also scholarships. If indeed the child can get scholarship funds, then the funds that have been prepared can be allocated to others. Apart from that, you can also ask for sponsors from companies or hospitals if you want to become a medical worker. For the scholarships themselves, some are covered in full, some are only for school fees, and some are only partially. So, understand it!

Harvard Business School has been named the world's best business school in 2021 by US business and technology magazine, CEOWorld. CEOWorld considers Harvard Business School to be in first place out of 173 prestigious business schools worldwide, with a score of 99.81 out of 100. The second position is achieved by the Wharton School. This business school is located in Philadelphia, United States of America, obtained a score of 98.38. Still from the United States, the third position is achieved by the MIT Sloan School of Management. London Business School have score of 95.56, which gain 4th position. 

This assessment was made by CEOWorld based on a survey of 186,350 respondents from business executives, graduates, global business influencers, industry professionals, business school academics, employers and recruiters. The survey was conducted in 200 regions during the period 15 November 2020-22 February 2021. Of the 10 best business schools in the world, dominated by business education located in the United States. The rest are in Europe, namely London Business School, SAID Business School, INSEAD Business School, and IESE Business School

The ranking is based on seven key metrics, which are:

• Academic reputation
• Acceptance eligibility
• Job placement rate
• Recruiter feedback
• Specialization
• Global reputation and influence
• Annual tuition and fees

Here are the 10 Best Business Schools in the World by CEOWorld Magazine:

1.Harvard Business School (USA)

2.Wharton School (USA)

3. MIT Sloan School of Management (USA)

4. London Business School (United Kingdom)

5. INSEAD Business School (France)

6. Said Business School (United Kingdom)

7. Columbia Business School (USA)

8. Haas School of Business (USA)

9. Stanford Graduate School of Business (USA)

10. IESE Business School (Spain)

It very well may be a personal shock assuming that you've as of late lost your employment. An employment cutback could likewise cause present moment and long haul monetary concerns. Being laid off is a close to home and horrendous experience, and being terminated is far more terrible. You're jobless, out of a check, and you'll lose your connection with your colleagues since it'll at absolutely no point ever go back in the future, regardless of whether you commit to keep in contact. It's agonizing. Specialists exhort that by making explicit strides as soon as possible, you can restrict unsettling influence and increment your possibilities of a wonderful next section.

1. In the event that important, apply for government or state joblessness pay

Assuming that you lose your employment through no shortcoming of your own, you ought to have the option to get joblessness benefits. Regardless of whether you were terminated, you could in any case be qualified, contingent upon what occurred.

2. Think about your health care coverage options

Consider:

A procedure for your mate/accomplice. You ought to join in something like 30 days of your last day.

Examine opportunities for continuous health care coverage inclusion with your chief or HR division, or investigate getting another arrangement to cover you while you're jobless.

3. Make an individual financial plan

Since your joblessness installment will be not exactly your check, consider useful cash saving tips. It will likewise be much more limited on the grounds that a great deal of states have cut the quantity of long stretches of joblessness benefits they give.

4. Put resources into your self-awareness

It very well might be dumbfounding to burn through cash when little comes in, however recollect the old proverb, "It takes cash to create cash." On the off chance that taking a couple of classes will make you more employable, and you can manage the cost of it, get it done. During my recreation time, I went to many composing workshops, which upgraded my confidence and gave me a productive outlet. These additionally given a reason to me to escape my jammies and work on looking good once more.

5. Update your resume

Before you begin going after positions, ensure your resume is exceptional. The candidate global positioning frameworks (ATS) that organizations and recruiting directors use will peruse your resume. Incorporate your best abilities and capabilities and make sense of how they fit the work. This will make it more probable that you will get a meeting.