Categories
Manage Finance

Finance Companies Understand That People Want a Decent Reliable Car

When considering vehicle finance it’s highly recommended to look at all the different packages available. In the current economic climate the rates will be very competitive. Finance companies understand that people want a decent reliable car, if the potential borrower meets certain criteria it could be as simple as going out and choosing your dream car, with no need to settle for just a basic one.

An application for a loan can be approved within an hour in some cases. The loan terms can range from 6 months to 5 years. An older car will have a shorter loan term.

The loan can however be paid off earlier, in these cases an early settlement fee will normally be charged.

If you plan to get a car in a particular price range then the finance will be able to pre approve the amount before you start looking. This makes the selection process easier. Whether you choose a motor vehicle dealer or a private seller the fees will be transferred directly.

It’s normal for companies to have a minimum loan amount of $5,000. The borrower must be at least 18 year of age. Some borrowers will need a guarantor who will be held responsible for any default in payments. Interest rates will often vary considerably depending on a variety of factors. For those with bad credit history the process will be longer and the rates will change.

Specialist finance companies will be able to offer excellent rates and will be able to tailor details specifically to clients needs.

Categories
Franchises

Edward Forrer

Mr. Edward Forrer, as the owner and also the founder of this retail company which started in 1989, runs the business of Shoes and Bags. Now Edward Forrer own 1 outlet in Sydney, Australia and 27 outlets in Indonesia.

Edward Forrer aims at building up a big chain of a retail company with an excellent customer service in Indonesia and in the world. To achieve this, every store of Edward Forrer has standardized concepts, products and services. Edward Forrer is always interested in meeting people sharing the same idea with us, having a big ambition of their life, and feeling connected with excellence.

Edward Forrer is a great place where people enjoy being physically and spiritually healthy. Regarding to this, we welcome new members who want to be like us. To day we have grown our retail business successfully in Indonesia. Our decision to launch a franchising business strategy is based on our desire to develop our company. However, more importantly than developing our company, through this business strategy we want to gather people who have the same idea of retail business as we.

The steps to be Edward Forrer Franchisee

There are 8 steps you need to go through to become our franchisees.
Step 1: Fill in Application Form
Step 2: First Interview
Step 3: Second Interview
Step 4: Third Interview
Step 5: Last Interview
Step 6: Franchise Agreement
Step 7: Training
Step 8: Opening a Store

INVESMENT

Needed Business Space
1. The amount of business space needed by a franchisee will depend the category selected by Franchisee. There are three categories of business space you can choose:
o Category A : 10 to 100 m2
o Category B : 101 to 200 m2.
o Category C : 201 to 300 m2.
o Category D : > 300 m2.
2. The business spaces here have included a store warehouse.

INTIAL INVESMENT
1. Initial investment will depend on the above category selected by a prospective franchisee:
o Category A : Rp. 100 million to Rp. 300 million
o Category B : Rp. 300 million to Rp. 600 million
o Category C : Rp. 600 million to Rp. 900 million

2. This investment covers expenses for:
o Franchise fee for the first 5 years
o Expenses for training and interior design
o Deposit money to cover/secure 35 % of the total goods value
o Computer & Audio equipments
o First month store operation
o Surveillance Camera
o Traffic Controller
o Employee Presence Record Machine
o Permits
o Initial promotion
o etc

3. This investment does not include the expense for renting or buying business space and renovating store building.
4. The authorized capital on the above categories is not to be submitted to Edward Forrer totally. Some amount of it will be managed and used by the franchisee to pay for store interior design, permits, first inventory and other expenses related to preparation for store opening.
5. Return of Investment (ROI) will take 2 months up to 2 year, depending on the store location, revenue and Franchisee performance.

FRANCHISE FEE
1. Franchisees are obliged to pay a franchise fee to EDWARD FORRER. The franchise fee is valid for 5 years. There are three categories of franchise fees:
o Category A : Rp. 25.million
o Category B : Rp. 50.million
o Category C : Rp. 75.million
o Category D : Rp. 100.million

2. Franchisees are obliged to repay this fee upon the expiry and renewal of franchise agreement, which is after 5 years from the signing of the initial agreement.

ROYALTY FEE
1. Royalty fee is 5% of the monthly gross revenue
2. Promotion fee is 1% of the monthly gross revenue
3. Payment of these royalty and promotion fees is due to the third day of each month. The fees are paid through a bank transfer to the selected bank account of PT. EDWARD FORRER.

GUARANTEE
1. Franchisees are obliged to pay deposit money equal to 35% of the total goods/inventory value lent to franchisees by PT. EDWARD FORRER. The total goods value here is the total sale value of the whole goods in the warehouse and on the displays.
2. This deposit money is to secure the franchisee’s first inventory before franchisees start their first store operation and this is paid only once. This money must be paid at the latest 1 day before the departure of the first shipment to franchisee’s store.
3. The deposit money is will be returned to franchisees upon the expiry of the first 5 year franchise agreement.

LOAN
1. When each goods borrowed from Edward Forrer sold, franchisees are obliged to pay to Edward Forrer an amount of money equal to 60 % of the sales value.
2. This money is to be paid every Monday, Wednesday, and Friday to a bank account selected by Edward Forrer:
o Sales revenue on Friday, Saturday, and Sunday are paid on Monday
o Sales revenue on Monday and Tuesday are paid on Wednesday
o Sales revenue on Wednesday and Thursday are paid on Friday.

ORDERING GOODS FROM EDWARD FORRER
1. When franchisees order the goods under certain quantities and conditions, they have to pay down payment equal to 60% of the total order. This down payment is to be paid before the goods are shipped to franchisees.
2. Minimum quantity for this order is 5 items per model and per color.
3. This term applies only to initial inventory.

INVENTORY AND DISPLAY
1. The quantity of the goods supplied for franchisee’s inventory and display depends on the category selected previously by Franchisee. The goods are available in two groups, bags and shoes.
2. Franchisee’s store display arrangement, shoe box size, and order quantity for their ongoing inventory will definitely affect the goods availability in their inventory/displays.
3. Supplies of shoes provided for franchisees are available in three categories:
o Category A : 300 – 2500 pairs
o Category B : 2000 – 3500 pairs
o Category C : 3000 – 4000 pairs
o Category D : minimum 4000 pairs

Categories
Investments

Wealth Building – How to Stop Stressing With Your Investments and Start Building Financial Freedom

Life is too short to spend it stressing out over your investments…whether they’re going up or down or directly into the dirt. All of the uncertainty surrounding investments is enough to make you want to stick your cash into mason jars under your bed and be done with it. Thankfully, you can put a stop to stressing over investments and start enjoying peace of mind and success. All you have to do is start focusing on the investment strategies are timeless and which give you the greatest sense of control. Let’s look at two investment strategies which I’ve found to be pretty pain-free and great for increasing personal wealth.

Investment Strategy #1: Real Estate

No matter where you are, I want you to think about just how persistent the need is for people to purchase real estate. Everyone who needs a home needs to live somewhere, whether they’re renting from someone or mortgaging or purchasing a house outright. This means that if you invest your money into real estate, you’re investing it into something which is always going to have value. Real estate is one of the only investments which can never hit zero, although it can go down quite a bit at times.

 

However, even when the real estate market is taking a nose dive, you can still rent out the properties which you own until you find yourself in a position where selling them for a profit is an option. Many people think of real estate in terms of only buying low and selling high, which is why a lot of people end up losing money. However, if you learn how to read the market, you’ll know when to buy, when to rent and when to sell. This is when real estate starts becoming a smart and stable investing strategy.

Investment Strategy #2: Your Own Business

Investing money into your own business is perhaps the most stable investment strategy which you can engage in. It’s like investing into your education, where you’re also acquiring assets that can help to create wealth using your specific knowledge and expertise. For example, if you invest money into having a product created which you can sell for years to come, you’ll have a form of wealth which can help you to earn money over and over and over…perhaps even for life (depending on the type of product).

Thankfully, with the automated technology of the internet and the global economy, creating your own signature product is now easier than it has ever been. As long as your investment goes towards building an asset which has real value to people, investing in your own business or brand can prove to be the most profitable and secure investment moves that you can make.

Categories
Small Business

Small Business Brokers

Business brokers act аѕ matchmakers іn thе world οf business. Thеу bring together small аnd medium-sized businesses. Small businesses hаνе thеіr οwn limitations owing tο thеіr limited presence іn thе market. Though mοѕt οf thе business brokerage firms hеlр іn selling аll sizes οf businesses, thеrе аrе specialized business brokerage firms fοr selling small businesses аlѕο. Through thеіr contacts wіth bіg corporations, thеу саn gеt a gοοd selling price fοr a small business.

Fοr thіѕ thеу сουld charge a small fixed fee аnd thеn a commission. Thе commission іѕ calculated wіth thе sales price аѕ thе base. It іѕ generally negotiable. Various surveys hаνе indicated thаt аѕ many аѕ one-third οf thе business brokerage firms іn thе US fall іntο thе “”small businesses”” category. Thе small business brokerage field саn yield a lucrative income.

 

Even a sole proprietor іn thіѕ business hаѕ аn average income whісh runs іntο six figures. Thе smaller businesses саn sell fοr around 200,000 dollars. Thаt сουld mean revenue οf around 10 tο 15 thousand dollars frοm one single transaction, fοr a small business brokerage firm.

Many οf thе small business brokers operate іn small towns аnd cities whеrе bіg brokerage houses dο nοt hаνе branches. It οnlу takes gοοd networking, a small amount οf capital аnd knowledge οf thе laws concerned tο ѕtаrt thіѕ business.

Yου саn take a franchisee οf сеrtаіn bіg business brokerage firms аnd ѕtаrt mаkіng matches іn уουr hometown. Thе business hаѕ a low risk factor аnd саn earn уου gοοd money. Bυt remember: thе margins аrе coming down increasingly, аѕ competition іѕ getting stiffer wіth thе entry οf several nеw businesses brokerage firms, whісh аrе kееn tο tap thе small business sector аlѕο.

Categories
Finance Services

Financial Inclusion and IT Contribution

Financial Inclusion and How Technology can Contribute to it?

“India is failing, its rural poor with 230 million people being undernourished, the highest for any country in the world. Malnutrition accounts for nearly 50% of child deaths in India as every third adult (aged 15-49 years) is reported to be thin (BMI less than 18.5).Brought out by the United Nations World Food Program (WFP), the report points to some staggering figures. More than 27% of the world’s undernourished population lives in India while 43% of children (under 5 years) in the country are underweight. The figure is among the highest in the world and is much higher than the global average of 25% and also higher than sub-Saharan Africa’s figure of 28%. These targeting errors arise due to imperfect information, inexact measurement of household characteristics, corruption and inefficiency in providing funds to impoverished sector”

This news in TOI (dated 15.10.2009) reflects the Financial Exclusion and its impact citizens are facing in India.
Let us first understand what Financial Inclusion means to us:
As stated by RBI, Financial Inclusion stands for “The process of ensuring access to appropriate financial products and services needed by vulnerable groups such as weaker sections and low income groups at an affordable cost in a fair and transparent manner by mainstream Institutional players”

The need of the hour to push Financial Inclusion generated in spite of the fact that the banking industry has shown tremendous growth in volume and complexity during the last few decades. Despite making significant improvements in all the areas relating to financial viability, profitability and competitiveness, there are concerns that banks have not been able to include vast segment of the population, especially the underprivileged sections of the society, into the fold of basic banking services. Almost 60% of our population resides in rural area in India.

 

The scope of Financial Inclusion involves providing

Bank accounts – check in account
Immediate Credit
Savings products
Remittances & Payment services
Insurance – Health care
Mortgage
Financial advisory services
Entrepreneurial credit

Following sectors broadly describe the Financial Exclusion region:

Agricultural and Industrial Laborers
People engaged in un-organized sectors
Unemployed
Women
Children
Old people
Physically challenged people.

The consequences of this vary depending on the nature and extent of services denied. It may lead to increased travel requirements, higher incidence of crime, general decline in investment, difficulties in gaining access to credit or getting credit from informal sources at exorbitant rates, and increased unemployment, etc. The small business may suffer due to loss of access to middle class and higher-income consumers, higher cash handling costs, delays in remittances of money. According to certain researches, financial exclusion can lead to social exclusion.

From the data provided by Financial Inclusion committee (set by RBI), a conclusion can be reached which says the efforts taken by govt. has been quite palpable. But in spite of that we failed in providing banking facilities to Underprivileged section in rural and urban areas.

Key challenges faced by government as well as private players in providing financial services to these regions can be understood as follows:

– Lack of standard process for identification of individuals and SMEs
– Non availability of credit history of individuals and SMEs
– Need to provide Financial Service at bare minimum Cost
– Need to reach out to very small pockets of population which may make any FI investment inviable
– Lack of a proper business model
– Lack of an appropriate legal model
– Illiteracy within large section of population, which would need innovative ways of delivering banking channels / interaction model with banks or quasi banking entities –

Technology in Rescue:

Technology can contribute in finding a solution to these challenges. In rural finance, technology plays two key roles: implementing effective internal control when direct supervision is difficult due to distance, and decreasing the cost of penetration into more remote areas.

To promote entrepreneurship, financial accessibility in villages, providing loan is imperative. The foremost step in providing Basic Banking services, is Verifying/Authenticating a person, which may include his/her address, credit history.
Expanding the coverage of CIBIL (Credit Information Bureau India Limited) or establishing a new organization in line with CIBIL, exclusively for rural areas will help banks in accessing detailed information of a citizen or SME.
Our innovative project Unique Identification (LID) once executed successfully will provide information of an individual which can further be used to fetch credit history from CIBIL.

Providing banking services at minimum cost is a vital factor in reaching to the masses. This can be achieved by providing no-frills account, and loans of small amount at low rates. Microfinance Institutions and banks can find substantial customer base in this field as Usurers still dominate this sector even when high rate of interest that they demands from those seeking credit.
Investing to reach small pockets of population may look financially inviable, but appropriate technology, business model can help in increasing the ROI. PPP can help increasing the coverage at minimal costs.

In India where we have above 50% of population residing in villages, the only way we can reach the majority is by POST. Post Office could play a vital role in providing access to financial services, including banking, saving, credit and insurance, to financially excluded people.
An Initiative by Uttarakhand Post, where it has entered into a business tie-up with Uttaranchal Gramin Bank with the following twin objectives:-

(a) Collection of high-end deposits on behalf of the bank.
(b) Disbursement of bank loans and collection of the re-payment installments (EMI) through Savings Bank Passbook Account and with the help of GDS (Gramin Dak Sevak) staff.

Both these services are rendered by Uttarakhand Post on reasonable charges. In short the endeavor is to expand the role of an agency functionary, that India Post has being playing on behalf of Ministry of Finance for long, to that of a Commercial Bank also for the reasons of better profitability and future prospects. Providing IT solution to Indian posts where they can create business tie-ups online with banks will help in accelerating this initiative.

The root cause for advancement in banking sector in rural areas is the cost factor. Technology can help in cutting down the cost factor. Use of IT reduces the costs of financial transactions, improves allocation of resources, and increases competitiveness and efficiency. Most importantly, it enables to take any product or service to the general masses. IT has also enabled efficient, accurate and timely management of the increased transaction volume that comes with a larger customer base. The ‘Anywhere Banking’ through Core Banking Systems, ‘Anytime Banking’ through new, 24/7/365 delivery channels like Automated Teller Machines (ATMs), and Net and Mobile Banking, etc., are also increasingly becoming an integral part of the banking services. Appropriate Technology and Efficient Delivery model can help in making banking feasible and profitable in rural areas too.

The need of the hour is leveraging technology in Indian banking for providing affordable and cost-effective banking services to the masses through multi-delivery channels. Before making a commitment, Banks analyze the region which will be covered by their investment and the ROI. What if Banks can reach the end customer without opening an exclusive branch in the distant area? Mobile phone banking is not new in this in generation. Mobile phone users now belong to all strata of society, spread across metropolitan, urban, semi-urban and rural centers. Banks and financial service providers can leverage the advantage by reaching out to people through this medium.

Few proposals and initiatives in strengthening financial growth in improvised sector:

– Another route by which FI can reach the masses is by DTH. Direct to home technology is currently very widely spread in even remote places of the country. An indigenously developed technology lets user access GMAIL and other websites through DTH on TV. The same technology can be upgraded to help users interact with banks and other FIs where they can provide necessary information to the people residing in far flung areas.
– Grocery stores or Health centers in our villages can also be used in providing banking services like insurance, loan or savings.
– 3i Infotech, a leading IT company has developed Kiosk based banking, i.e. internet based, and Bio-metrically enabled exclusively for rural areas.
– The use of IT also enables banks to handle the enormous increase in the volume of transactions for millions of households for processing, credit scoring, credit record and follow-up. Other uses of technology include taking instant photographs of people opening bank accounts, and using electoral ID cards to simplify form-filling.
– Hello Money is a mobile banking service launched by Barclays in India. Barclays aims to make banking viable to all segments of the population through this service, regardless of economic status. The service is also available in India’s national language – Hindi – and will, in time, be available in other regional languages. Customers only need to be numerically literate to use the service, making it very simple and convenient. The Bank also offers “no frills” and zero balance savings accounts. As of December 2008 the Bank has opened 40,726 zero balance accounts (no balance commitments required of customers) and 3,935 no frills accounts. These offer a free cheque book, access to over 25,000 Visa ATMs, free statements, a passbook facility and SMS alerts. These services are particularly aimed at market traders, artisans and micro-entrepreneurs who might otherwise be excluded from financial services.
– eChoupal, an initiative of ITC Limited to link directly with rural farmers, with the help of technology, for procurement of agricultural / aquaculture products. eChoupal was conceived to tackle the challenges posed by the unique features of Indian agriculture, characterized by fragmented farms, weak infrastructure and the involvement of numerous intermediaries. ITC Limited has now established computers and Internet access in rural areas across several agricultural regions of the country, where the farmers can directly negotiate the sale of their produce with ITC Limited. The PCs and Internet access at these centers enable the farmers to obtain information on mandi prices, good farming practices and place orders for agricultural inputs like seeds and fertilizers. This helps farmers in improving the quality of produce, and also helps in realizing a better price.
– BASIX, an Indian institute that promotes sustainable livelihoods through microcredit, has been an early adopter of technology. It operates as the business correspondent (BC) (agents who work on behalf of banks) for Axis Bank, Citibank, and the State Bank of India (SBI), to reach areas where opening a bank branch is not viable. BASIX uses mobile phones to enroll customers and carry out transactions. It has set up fixed-location BC outlets, equipped with hand-held devices which are now being converted to mobile connections. BASIX is also trying out a card, similar to smart cards, and a remittance initiative to help workers in Delhi to send money home to their villages in central India.
– ACCION International as a Microfinance Organization promotes PortaCredit technology, which allows loan officers using handheld computers
to take loan applications.1 PortaCredit has helped a number of ACCION partners in Latin America improve their level of productivity, standardization and risk management.
– UMU in Uganda is currently launching a pilot for a Remote Transaction System (RTS), which is combination of technology and business processes that will enable cash deposits and withdrawals by microfinance clients through a network of accredited third party merchants (e.g. agricultural stockists, traders, gas station managers) in rural and non-urban areas. The RTS will also facilitate the electronic capture of transaction data at the client level and the creation of an electronic identification system.
– Customized ATMs with voice interactive features and other advances in technology as mentioned above can help in achieving Financial Inclusion target.

The advancement in technology and business model used will make it cost effective, so that every small transaction will be feasible through POS. Making the POS wireless or for that matter away from any kind of network will make it feasible to be used in remote areas too. The CashCard will contain the amount you hold in it and your security PIN. When you are out of cash in your CashCard, all you need to do is go to an ATM and recharge your card with the cash present in your saving/current account. The card can also be recharged online or by using your mobile banking feature. Hence this will save the investment bank needs to make in opening an exclusive branch in a financially less profitable area.

CashCard can be used by government/banks to provide loans to Farmers; they can use it for making their medical, insurance payments. Recharging of the cards can be done from ATM or authorized outlets. POS will help to make their day to day transactions easy and secured.

Designing innovative business models specifically for the market will encourage people to come forward and invest in their future.

A recently offered Mutual Fund scheme by SBI (SBI Chota SIP) lets individual to make benefit of low monthly investment amount of 100. Similarly on the lines FIIs have started offering Life Insurance cover which varies from Rs.5000 to Rs. 50000 where the annual premium varies from Rs.60 to Rs.600.

Remittances are another unexplored field in these regions where Banks and FIs are targeting now. Some banks have tried pilot projects allowing customers to use smart cards with biometric identification to open bank accounts. The cards have been linked to mobile or hand-held connectivity devices to ensure banks can record transactions in real time. Meanwhile, some State Governments are using smart cards to send social security payments under the National Rural Employment Guarantee Scheme. The same delivery channel can be used to provide other financial services such as low-cost remittances and insurance. The National Financial Switch offers nationwide networking of ATMs and can facilitate banking transactions including remittances.

Now Banks and other FIs see their role as playing an important part in fueling the growth of the Indian economy -not just servicing successful metropolitan companies but also reaching out to ordinary people. By following programs of branch expansion, improving financial literacy and leveraging IT solutions to extend reach, they are demonstrating their determination to make financial services available to all.

One such program is the HSBC Mann Deshi Business School for Rural Women, in the Satara district of the western Indian state of Maharashtra. It was set up in December 2006 to offer micro-loans to poor women to help them set up their own businesses. The school gives girls and women with limited or no formal education training in financial literacy, marketing, technical skills and negotiation skills. It has already benefited some 6,000 women, enabling them to start their own micro enterprises and become financially independent.

Concluding remarks:

The reason why we are concentrating on Financial Inclusion now is because, we now want to focus on Inclusive Growth, we have the Banking Technology which can help in reaching millions of deserving citizens, and the fact that Poor are bankable. Technology can be a very valuable tool in providing access to banking products in remote areas. To sum up, banks need to redesign their business strategies to incorporate specific plans to promote financial inclusion of low income group treating it both a business opportunity as well as a corporate social responsibility. They have to make use of all available resources including technology and expertise available with them as well as the MFIs and NGOs.

Categories
Marketing Strategies

Moving quickly

“Never put off until tomorrow what you can do today.”
(Benjamin Franklin)

Beginning of this book we have submitted a slogan that must run every prospective entrepreneur: Practice! Practice! Practice! This is something that the leaders in all areas of agreement.

Every great work – whether it run the company, sales of high-level, in science or government – requires a person who thinks to act. The chief executives who are looking for key people, demand answers to question: “Is he going to do the job?” “Is he going to finish?” “Is he the person who took the initiative?” “Can he deliver results, or is he just good at talking?”

All these questions have one goal: Finding out if the person is a person who likes to act?.

Great idea is not enough. Simple idea is implemented and developed, is one hundred percent better than a great idea that died were not followed up. No one came by just thinking about it.

Remember. Everything that we have in this world, from the satellite to the skyscrapers of up to baby food, just an idea implemented.

Categories
Manage Finance

Auto Financing Companies For Bad Credit Individuals – 5 Steps to Getting Funded

When one thinks of auto financing, one image that comes to mind is a world of wheeler-and-dealers who are always trying to get the better of the borrowers that come to them for a car loan. One reason for this slightly negative image is that there is no guarantee that you will get approved or that you will be offered a certain rate. Rather, it is up to each lender as to just what type of deal they will offer you on a car loan.

If you were to take a look behind closed doors within an auto dealer’s financing office or that of a bank’s loan manager, you may be surprised to learn that there is a method to their madness. In other words, they are not just taking your application, putting their hand into a hat full of different loan deals, and pulling one out for you.

Rather, there is a surprisingly predictable formula to the way a loan deal is prepared and offered to you when you visit an auto financing company. Obviously, your credit score plays a very big role in it. But, so do things like your employment history, your residential history, and even the way you present yourself in person.

If you have bad credit, you may have had some unpleasant experiences in dealing with auto financing companies. Namely, your car loan application may have been rejected on one or more occasions. Or, maybe you just were not able to qualify for a good loan.

No worries. Here are 5 steps to getting funded (at a reasonable rate) the next time you look for good auto financing companies:

1. Shop for a car in a reasonable price range:

Start by shopping for and choosing a car that is in a price range that makes sense, given your credit situation. You may be tempted to choose the very best car on the lot, but that would be a mistake. Someday soon, no doubt, that super-expensive car, SUV or truck will surely be yours. But, for now, it is time to be realistic about what you can reasonably afford. A smaller loan will mean much better chances of your loan getting funded.

2. Understand how bad credit auto financing companies think:

While 98% of car financing companies focus mainly on the borrower’s credit score as the basis for their lending decisions, about 2% of the companies out there actually look to do business with bad credit individuals. They have built a nice little business on catering to the credit-challenged. These companies look past your credit score and instead consider your situation as a whole when making a decision.

3. Run a credit check on yourself:

This may sound strange, but you will benefit greatly from doing running your own report. Find out your score with all 3 of the top 3 bureaus (since it will vary from one to the next). And, be sure to protest any errors you find on any one of your reports. They are obligated by law to fix them.

4. Take the time to build a healthy list of lenders:

In this case, “healthy” list means 5-7 lenders. Sound like a pain to do that much research? Just think: spending an extra 20-30 minutes doing your homework now could save you thousands in lower interest payments over the life of your loan.

5. Follow through with applying to five or more lenders:

Now, make sure you actually apply to all of the lenders on your final shortlist; be sure you apply to five, at minimum. You never know: the fifth one you talk to may be the one that offers you a 1-2% lower interest rate. That’s money in the bank for you.

Follow these 5 steps to finding the right auto finance company and getting funded.

Categories
Franchises

Angkringan Ki Asem

Angkringan Ki Asem offers franchise business opportunity in Indonesia in Restaurant Industry. This business started from Solo & Jogja youngest people community, When the economic crisis influence many country and people in the world.

 

Angkringan ki Asem (ASEM short name from Agus Semedi) come as traditional restaurant, with cheap concept, sometimes some people Java tradition in meeting and eating come to place at Angkringan which get from word “Nangkring/Nongkrong/Kongkow”.

I make free concept restaurant, comfortable, safety park, then give guarantee the theme still past situation, After launching Franchise system, Angkringan Ki Asem will be big player restaurant at Jabodetabek.

Herewith our outlet:
1. Perum Tytyan kencana – Bekasi
2. Perum Wisma Asri – Bekasi
3. Perumnas 3 – Bekasi
4. Perumnas 2 – Bekasi
5. Jl. Pekayon 1 (Before Naga Supermart) – Bekasi
6. Jl Rawa Lumbu – Narogong – Bekasi
7. Jl. Agus salim – Bekasi
8. Jl. Pejuang Jaya – Bekasi
9. Jl. Pondok Timur Raya – Bekasi
10. Perumnas 1 – Bekasi
11. Bintara – Jaktim (Soft opening)
12. Rawa Bebek – Bekasi (Soft Opening)
13. Serang (will be open soon)

Estimated Investment : Rp. 400 Million