COVID-19 has changed the pace of business across the globe. The government has implemented a strategy to slow the spread of the virus, which has led countries to start implementing social isolation as a necessary solution.
In Asian, European and American countries, non-essential service business units are restricted or completely closed. The F&B business is no exception. This partly disrupts consumer habits, when they turn to restaurants or cafes as meeting places. Now they have to cook for themselves at home, or buy in the midst of a complicated disease situation.
In fact, if restaurant and cafe owners can see a new direction in the midst of a crisis, it is very important. This is a great business opportunity to move into an online environment and tackle a different market segment.
Here are 8 ways restaurant owners are increasing sales amidst the COVID-19 situation:
1. Make sure you cooperate with the delivery platform
In the US, food delivery platforms such as UberEats, grocery store WMT, and other popular UberEats clone apps have reported increased user engagement when people are stranded inside their homes. This trend is also happening in other parts of the world. Delivery service is definitely an integral part of the life of modern people, who want to save time & effort in preparing their own food. And it is definitely a great business opportunity for all bistros, cafes and restaurants.
Delivery platform cooperation
How to take full advantage of this opportunity? In the Southeast Asian market, there … Read More
Now the steps to start an e-commerce business are starting to be sought by many people. How not, this business is very potential. In addition to its population of 260 million, public consumption on average increased by 5.4% per year.
There are so many Micro, Small, and Medium Enterprises that can supply this business. Not to mention, half of Indonesia’s population uses internet access.
Indonesia has power waiting to be optimized. If you are keen on seeing opportunities in your e-commerce business and are planning to start one, be sure to follow these steps:
1. Choose the Products to Sell
Start looking for product ideas to sell. Think about where and how to get the product. Will you make your own, pick up from a supplier, or sell as a reseller? Also, think about where you will store the item.
Then, test whether the product is worth selling or not. You need to do this due diligence even if it’s only on a small scale. For example, ask relatives or do a survey by giving examples of products.
2. Research and Preparation
Once you’ve got your product, assessed its resale potential, and found a supplier for that product, you’re ready to create a business plan. Previously, do research on competitors and innovate to make your product different. Make sure the quality of your product is also superior to increase the perceived value of buyers.
The business plan will be a map that helps the course of thought and action. Business … Read More
Investment in the form of shares has now become commonplace for the community, including young people. For beginners starting this investment is not difficult because buying shares can now be done online. Most people buy stocks with the aim of getting a better life in the future by investing. Moreover, stock investments can be used both short and long term.
Even though it promises large returns or returns, stock investments also have the highest risk compared to other capital market investments.
Therefore, it is very important for someone to be observant in choosing the shares to buy. Because, not a few of the investors who experience failure because they do not pay attention to how to buy the right shares.
But for those of you who want to buy shares, don’t worry, because has written the following procedures for buying shares for beginners.
Define a Securities Company
Before buying shares, you need to determine the securities company that will be used. The securities company acts as an intermediary in buying and selling shares and will assist in opening a stock account on the Indonesia Stock Exchange (IDX).
How to select a securities company can be done by choosing a securities company that has been registered on the IDX. In addition, make sure that the balance replenishment and withdrawal process is easy.
Opening a Customer Fund Account
The next way to buy shares is to open an RDN or customer fund account. Opening an RDN on behalf of an investor will … Read More
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This will become a problem if your small business turns into bigger and you need to add more extensions. You’ll find yourself having to pay for more hardware to accommodate your progress, in addition to the service hours to put in them.
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