Written by How to start a business may seem difficult for someone who is just starting out in the business world. In running your own business, insight or knowledge is needed to do it, not just preparing capital.
There are other things that need to be prepared by someone who is looking to start their own business. Especially if you are starting from scratch or have never had any previous experience, how to start a business is important to know step by step.
Determine the type of business
The first way to start a business is to determine the type of business that you will manage, for example, the Aceh tour package. If you are still confused about what type of business to open, you can determine the type of business according to what you like. This way of starting a business is reasonable to do in order to make it easier to present the best quality products or services. The reason is, by running this way of starting a business, you will start by placing yourself as a loyal consumer who wants the products or services received to have the best quality. One type of service is the Sumatra holiday packages that you can try to sell tour packages.
In addition, by determining the type of business based on your preferences, you can also more easily present innovations in the future, because you already have a strong foundation or are understood first. If you like culinary, you can start by running how to start a business by introducing a variety of foods and drinks that you like. Likewise, if you like fashion, clothing or accessories can be the first step you can take in starting a business.
Do research
After determining the type of business you want, the next way to start a business that you need to do is research so that you know about the ins and outs of the type of business you will run. Research is also needed so that you can determine the trends that are currently popular with consumers, so that your business strategy can be right on target and can provide significant benefits and developments.
By conducting research as one of the ways to determine a good business method, you can also find the advantages and disadvantages of the type of business that you will run later. So that from the results of the research you can start to minimize the shortcomings and maximize the advantages of the type of business. Research also plays a role in determining suppliers or providers of quality and trusted raw materials for your business later.
Make a budget
In determining how to start a business for beginners, you certainly need financial records. Therefore, it is important for you to make a budget first before starting a comprehensive business plan related to operational workflows. This budget is needed so that you can run how to start a business properly and not exceed the budget or capital you have.
The presence of a budget is also important in maximizing the implementation of your business strategy. Make a budget according to the essential needs of your business. Don’t be too hasty to perfect all lines of business. If you don’t save and have a good budget, you might be the one who will lose later.
Prepare capital
Once you have a final budget, it’s time to prepare capital. In carrying out the steps on how to start this business, make sure you have savings for business capital first. Don’t rush to borrow capital if you feel you don’t have the confidence or the right timeline to return the capital you borrowed. If you feel it’s still not enough, you can first increase the nominal amount of money in your savings. Don’t feel that you will be late in starting a business.
It’s never too late, because consumer trends are dynamic and will continue to roll along with the times and technological innovations will continue to develop in order to provide convenience in doing business. With a little patience, you might find a better and more relevant strategy in running your business so that it can provide better profits than now.
Determine the Time to Start a Business
The next way to start a business, you can already determine the right time to start a business. Don’t determine the time carelessly, because starting a business is not a matter of playing around. Don’t rush either, because starting a business requires careful calculation, if you make a small mistake you can experience losses. For example, when approaching the holy month of Ramadan, the most appropriate business is selling Muslim clothing and Eid cakes. From this example, you can have a clear picture of the right time to start a business. So, choose the right time to start your business. For example, Pakej Aceh Sabang is the travel choosing the exact time to start.
Determine the uniqueness of your business products or services
How to start this business is no less important than how to start other businesses. Because, in the business world there is something called competition, so by starting this one business you have to determine the uniqueness of the product or service in the business. The goal is so that you can pass the business competition process.
Moreover, now the competition is getting tighter, so every product or service that is marketed must have more appeal and attract consumers. In addition, by determining the uniqueness of your business product or service, consumers will remember your product more than other similar brand products.
Create the right promotional strategy for the product or service
You must think carefully about how to start this business and be right on target. Creating the right promotional strategy for your business is mandatory. The goal is to introduce your business products to potential consumers. The more appropriate the promotion you do, the more people will know about the products in your business. Moreover, the era is getting more sophisticated and easier to promote anything. That is a plus that you can take advantage of to promote your business products or services.
Procedures for Establishing a Limited Liability Company:
1. Submission of Limited Liability Company Name
The submission of this company name is registered by a notary through the Legal Entity Administration System (Sisminbakum) of the Ministry of Law and Human Rights.
The requirements needed are as follows:
Attach the original form and establishment of the power of attorney;
Attach a photocopy of the Identity Cards (“KTP”) of the founders and company administrators;
Attach a photocopy of the Family Card (“KK”) of the leaders/founders of the PT.
This process aims to check the name of the PT, where the use of the PT must not be the same or very similar to the name of an existing PT, so what needs to be prepared is 2 (two) or 3 (three) choices of PT names, try to make the PT name reflect your business activities. In addition, the registration of this PT name aims to obtain approval from the relevant agency (Kemenkumham) in accordance with the UUPT and Government Regulation of the Republic of Indonesia Number 43 of 2011 concerning Procedures for Submission and Use of Limited Liability Company Names.
2. Making of PT Deed of Establishment
The making of the deed of establishment is carried out by an authorized notary throughout the territory of the Republic of Indonesia to then obtain approval from the Minister of Law and Human Rights.
It should be understood, there are things that need to be considered in making this deed, namely:
The position of the PT, where the PT must be located in the territory of the Republic of Indonesia by stating the name of the City where the PT carries out business activities as the Head Office;
The founders of the PT must be at least 2 people or more;
Determining the term of the PT’s establishment: for 10 years, 20 years or more or even no need to determine the length of time, meaning it is valid for life;
Determining the Purpose and Objectives and business activities of the PT;
Notarial Deed in Indonesian;
Each founder must take part in the shares, except in the context of a merger;
Minimum authorized capital of IDR 50,000,000 (fifty million Rupiah) and paid-up capital of at least 25% (twenty five percent) of the authorized capital;
Minimum 1 Director and 1 Commissioner; and
Shareholders must be Indonesian citizens or legal entities established under Indonesian law, except for PT with Foreign Capital or commonly called PT PMA.
3. Making SKDP
Application for SKDP (Company Domicile Certificate) is submitted to the local sub-district office according to the address of your PT office, which is as proof of information/existence of the company address (building domicile, if in a building). Other requirements needed are: photocopy of the last year’s Land and Building Tax (PBB), Lease Agreement or business premises contract for those domiciled not in an office building, Director’s Identity Card (KTP), Building Construction Permit (IMB) if the PT is not in an office building.
4. Making NPWP
Application for NPWP registration is submitted to the Head of the Tax Service Office according to the domicile of the PT. Other requirements needed are: personal NPWP of the Director of the PT, photocopy of the Director’s KTP (or photocopy of Passport for foreign nationals, specifically for PT PMA), SKDP, and deed of establishment of the PT.
5. Making the Company’s Articles of Association
This application is submitted to the Minister of Law and Human Rights to obtain ratification of the Company’s Articles of Association (deed of establishment) as a PT legal entity in accordance with the UUPT. The requirements needed include:
Proof of bank deposit equal to the paid-up capital in the deed of establishment;
Proof of Non-Tax State Revenue (PNBP) as payment for state minutes;
Original deed of establishment.
6. Submitting a SIUP
This SIUP is useful so that the PT can carry out its business activities. However, it should be noted that every company must make a SIUP, as long as the business activities it carries out are included in the Indonesian Standard Business Field Classification (KBLUI) as stipulated in the Regulation of the Head of the Central Statistics Agency Number 57 of 2009 concerning the Indonesian Standard Business Field Classification.
The SIUP registration application is submitted to the Head of the Industry and Trade Sub-dept. and/or the Micro, Small and Medium Enterprises Cooperatives and Trade of the relevant city or district according to the domicile of the PT. The classification of SIUP based on the Regulation of the Minister of Trade No. 39/M-DAG/PER/12/2011 concerning the Second Amendment to the Regulation of the Minister of Trade No. 36/M-DAG/PER/9/2007 concerning the Issuance of Trade Business Licenses is as follows:
Small SIUP, must be owned by trading companies whose net assets are more than Rp. 50,000,000,- (fifty million rupiah) up to a maximum of Rp. 500,000,000,- (five hundred million rupiah) excluding land and buildings for business premises;
Medium SIUP, must be owned by trading companies whose net assets are more than Rp. 500,000,000,- (five hundred million rupiah) up to a maximum of Rp. 10,000,000,000,- (ten billion rupiah) excluding land and buildings for business premises;
Large SIUP, must be owned by trading companies whose net assets are more than Rp. 10,000,000,000,- (ten billion Rupiah) excluding land and buildings for business premises.
7. Submitting a Company Registration Certificate (TDP)
The registration is submitted to the Head of the Industry and Trade Sub-dept. and/or the Cooperatives of Micro, Small and Medium Enterprises and Trade of the relevant city or district according to the company’s domicile. For companies that have been registered, a TDP certificate will be given as proof that the company/business entity has carried out the mandatory company registration in accordance with the Regulation of the Minister of Trade of the Republic of Indonesia No. 37/M-DAG/PER/9/2007 concerning the Implementation of Company Registration.
8. State Minutes of the Republic of Indonesia (BNRI)
After the company has carried out the mandatory company registration and has received approval from the Minister of Law and Human Rights, it must be announced in the BNRI of the company that has been announced in the BNRI, then the PT has perfect status as a legal entity.
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