Indonesia is the largest in terms of population and economy in ASEAN. The size of the country and economic growth attracts people for company formation in Indonesia.

Following are the places where one can start a business:

Jakarta

It is not only the capital of the country but also the largest industrialized and business-friendly city in the country. Investors can invest in banking, trading, manufacturing, automobiles, electronics, biomedical science manufacturing, shopping complexes.

Bali

With a sparkling atmosphere and lively ocean views, Bali is not only a famous tourist destination but also a place where people from around the globe look for how to set up company in Indonesia. Restaurant and bars, health spas, recreational activities, clothes designation and distribution, cosmetics trading are major business activities happening in Bali where investors can look after.

Surabaya

With a vast population and larger size, Surabaya has attracted investors to start a business in this city. Manufacturing, trading, construction, retail, agriculture are major areas where investors can look after.

Pekanbaru

Political stability and economic growth are major factors that attract investors in Pekanbaru. This city has actually been awarded as one of the best cities for investment. Tourism, services, rubber processing, trading, oil and gases are major sectors for investment.

Bandung

It is one of the smart and attractive cities in Indonesia and investors can invest in sectors like science and technology, telecommunication, fashion, advertisement, e-commerce.

Makassar

Energy, transportation, trading, tourism, fishing, building and healthcare are major areas to invest in Makassar.

Batam

Metal and electronic industries are major areas of investment in this city. Location, easy governmental processing, and a tourist hub are the main reasons for investors to invest.

Samarinda

Its close proximity to biggest cities like Balikpapan and West Kutai Regency has helped the growth of investment, trading and retail shops.

Medan

International port and airport and also location favour Medan for investors. Trading is the main sector of business in this city and other areas are manufacturing, beverages, mining, telecommunication.

Semarang

Being one of the access points to Indonesia investors are more focused to invest in this city in the retail and trading sectors.

The above places in Indonesia sum up the cities where business can be started. You can get further support and guidance for incorporation by consulting 3E Accounting Indonesia.

Cryptocurrency is changing the way people do business. It’s revolutionizing how people perform transactions, raise capital, and invest. But the biggest misconception about cryptocurrencies is that it’s only applicable when it comes to investing – that’s far from the truth. 

Crypto has tons of applications in the business world. And to point you in the right direction, taking a cryptocurrency course will help you better understand how crypto is changing business. As more and more people turn digital it’s important your business adapts but before we continue, let’s first understand what cryptocurrency is.

What is Cryptocurrency?

Since Cryptocurrency is a digital asset, the value it provides businesses is that it’s designed following cryptographic protocols. And this makes transactions exceptionally secure and difficult to fake without including intermediaries like banks. 

Crypto differs from other types of currencies because, instead of using a central banking system, it has decentralized control. This means that it isn’t directly affected by external factors such as the political stability of a country. Also, it is not controlled by governments since it’s not regulated by a central authority. So how can you implement crypto in your business?

Cybersecurity Safety

Like everything else online, there’s always a risk of cybersecurity breaches. Since cryptocurrency is exclusively digital, theoretically it also means that it could accidentally get lost. However, there is no cause for concern because blockchain technology is pretty advanced as far as security is concerned. Despite scammers trying to infiltrate your intellectual property, trade secrets or client data, blockchain technology can be used to protect systems, and devices from attacks by making security decisions without relying on a central authority according to Forbes.

Proof-of- Provenance and Supply-Chain Communications

Like in any business, most things you’ll buy aren’t provided by one manufacturer, but by a whole chain of suppliers. Each of these companies sells different components to companies that create and market the final products (e.g., flour for bread). The challenge with this system is if one of the different components fails then your brand can take a hit. Fortunately, using crypto technology will proactively give you digitally auditable and permanent records that show your stakeholders different states of products at different value-adding steps. 

Faster Transaction Times

When using crypto, there’s no waiting period as is the case with traditional financial institutions. Thus, transactions are cleared in a matter of minutes. Due to this faster transaction time, businesses can have instant payments. Often this has had positive effects of enhanced customer service. Also, this helps you manage your business finances more effectively and accurately.

Expand Your Business With Cryptocurrencies

With benefits like faster transaction times and improved security, there’s no reason why businesses shouldn’t adopt cryptocurrency. Also, more and more people are using crypto as their primary means of commerce. That’s because it provides increased security at lower costs. What’s more, as more consumers and companies become comfortable with cryptocurrency the market will broaden and mass adoption will require all businesses to get onboard. 

With the newer trends of online trading and transactions, the independence of the online currency through Bitcoins has emerged to be a major success. Bitcoin is a form of digital currency that is universally accepted and promises to provide lower fees forthe transactions. Hence, if one wishes to invest their money, it is very easy to buy bitcoin in Ghana with mobile money. These methods of online payments and transactions are more convenient and have incorporated much lesser charges for operations.

Unlike any other form of currency issued by the government of different countries, bitcoin has no centrally running authority. Therefore, this digital currency does not abide by any regulations that are outlined by different countries. There are no physical variants of bitcoin. All the records are available digitally. The accounts have transparent and easy access and all the transactions with bitcoinsare verified and approved. The popularity of this virtual currency is very high and the most convenient ways by which they can be bought are discussed below.

1. Convenient and Easy To Handle

The most important thing that needs to be kept in mind while buying crypto-currency is to understand how the entire system works. Unless all the working mechanism is all understood, it is advisable not to make any investment. Therefore, it is always necessary to ensure that the terms and conditions of the company which is dealing with bitcoin are clear and transparent. Moreover, companies with higher limits for buying also make the entire process a lot more convenient.

2. Safety and Security For Online Presence

A major part of the population who dealsis a part of the bitcoin community or want to be part of it want to deal with all the transactions anonymously, without having to prove their identities. Thus, opting for such service providers can also be a good choice. The most important point is to opt for a company that can assure maximal security and protects your data.

But, it is always important to abide by the rules and regulations to ensure that there is no unlawful transaction. This way, your transactions be private, easy, and fast.

3. Optimal Scopes For Online Investments

Bitcoin is now one of the most popular sources for transactions and investment over the internet anonymously. Thus, through bitcoin, trading becomes a lot easier and convenient. The bitcoins can be bought and used for trading very easily. All it requires is to register to a trustworthy company’s portal, input the method of payment like mobile payment. Then you have to insert the amount of bitcoin that you want to purchase and make the payment.

The new Coronavirus pandemic has changed lives and employment situations. While focusing can be difficult at this stressful time, coming up with new business ideas can be a source of inspiration. Here are three ways to come up with unique ventures to pursue that you can kick start by ordering Thanksgiving cards for business.

1. Inconveniences Often Signal Opportunities

The COVID-19 pandemic has revealed many problems, risks and stress points in daily life. Taking the time to consider and try to find reliable ways to resolve the minor or major inconveniences you experience everyday can be one of the best ways to come up with a concept for a business. If you find it difficult to satisfy a certain need or want, it is likely that others in your area, region or even around the country or world are experiencing the same challenges and would appreciate a workable solution.

When making a business plan that responds directly to current conditions, it is important to keep in mind that the situation may change. The availability of a vaccine and other public health developments are likely to correspond to shifting economic and social trends. Regardless, safety precautions are likely to be necessary to limit the spread of the COVID-19 virus for some time to come. A flexible business plan can prepare an entrepreneur to respond to changing circumstances.

Whether you envision bringing a new product to market, offering a service or making it easier for customers to obtain existing products and services, it can be helpful to consider every aspect of entering the market. If there are any obvious obstacles to realizing a business plan, it may be possible to work around them and redirect profit streams toward your enterprise.

2. Focus On Making Resilient Plans

Writing a business plan is a challenging proposition under the best of circumstances. Uneventful conditions can actually make it harder to anticipate the real changes that events at every scale from the global to the local can have on the daily operations of a business.

If you are planning to start a business in 2020 or 2021, you may want to spend a little extra time reviewing business interruption insurance, commercial property and other relevant insurance policies. Coverage can be helpful in the event that conditions change and require that you adjust any aspect of operations or temporarily shut down.

Aspiring business owners should not feel discouraged about the necessity of accounting for unpredictable circumstances. Markets are never completely stable, and challenging times can give rise to unexpected opportunities. Touch base with your professional network by sending out custom Thanksgiving cards for business.

3. Take Time To Research Related Concepts

Market research is essential when an entrepreneur is planning to start a business in any industry. The COVID-19 pandemic has involved stay-at-home recommendations on state level. This time can be a good opportunity to research similar concepts and see how they are succeeding or falling short in adapting to changes in consumer attitudes and market conditions.

The research you do on other businesses may set positive or negative examples. It is important to ensure that a plan accounts for the public health challenges that are likely to lie ahead over future months and years. While a public health crisis is indisputably dangerous, this trying situation can present individuals with the conditions necessary to drive innovation and ease the lives of individuals and households seeking to stay healthy and safe.

These tips can be helpful for brainstorming potential business opportunities in the midst of the Covid-19 pandemic. An enterprising entrepreneur can cultivate a network of prospective customers by sending Thanksgiving cards for business.