Home Blog Want to Run a Successful Restaurant in Semarang? Outsource Your Accounting Finance | Semarang | Tax Reporting Want to Run a Successful Restaurant in Semarang? Outsource Your Accounting InCorp Editorial Team 20 January 2020 4 minutes reading time Table of Contents Reasons for Starting a Restaurant Business in Semarang Ingredients for a Successful Restaurant Business in Semarang Accounting Outsourcing to Cekindo If you have wanted to start a restaurant business in Indonesia for a long time, perhaps this is the time for you to sit down and come up with a plan to start your own business. Have you thought about accounting outsourcing as part of your plan? If not, no worries. We’ll talk about it. But first, let’s start with successful ingredients for a successful restaurant business and where you should open it. Semarang will be the ideal city for you to run your restaurant business (we will tell you the reasons later). In order to run a successful restaurant, the only thing you have to do is to make your customers happy by offering them a combination of good food, great ambiance and outstanding service. When all these elements harmonise, they do magic and your restaurant will be full of reservations. But, there’s one more secret recipe for the success of your restaurant: you need to do outsourcing, particularly accounting outsourcing, in Semarang, or anywhere in Indonesia for that matter. This is because all the time you have spent on accounting can actually be used on improving your food quality and delivering consistent service to your customers. Apart from that, spending time and building relationships with guests can really go a long way for greater success. Let someone else handle your taxes, payroll, and cash flow so that your business can stay competitive and drive customers to dine at your restaurant. We are going to discuss how you can run a successful restaurant in Semarang and how your business can benefit from accounting outsourcing. Reasons for Starting a Restaurant Business in Semarang Culinary and restaurant businesses in Semarang have seen a positive growth due to the improved economic conditions, developed infrastructure and progressing transportation facilities. The growth is particularly significant in areas around Semarang’s old city and Simpang Lima. Although Semarang is smaller than its neighbouring city Surabaya, the purchasing power and consumption power in Semarang are as high as that of Surabaya. Therefore, there are many successful restaurants, especially foreign restaurants, opening many years in Semarang. More and more restaurants are starting their operation in Semarang as well due to the rapid development of infrastructure and booming tourism. In an effort to attract more foreign investors to Semarang, the government also plans to simplify the licensing procedure and policies by strengthening the one-stop licensing system. Ingredients for a Successful Restaurant Business in Semarang 1. Knock Out Fraud with Accounting Surveillance Restaurant is a business with heavy cash going in and out on a daily basis and that’s why fraud is not uncommon. Therefore, it is quite easy for partners or new employees to steal funds. Discovering these frauds is not easy for restaurant owner or manager as they are usually busy taking care of their main business activities. To solve this problem, a restaurant owner can always outsource the responsibility to professional accounting investigators to prevent frauds. 2. Be Service-Oriented The only way you can provide the best service to your guests is by focusing on it. So, time-consuming tasks such as bookkeeping have to be taken off your list as a task that you should do yourself. Instead of going through sleepless nights on bookkeeping and accounting, why not outsource it to someone who can do this more professionally and efficiently than you? This way, you will have more time to think about how you can enhance your restaurant service. 3. Gain Accounting Expertise Restaurant management and accounting are two totally different skills and most people cannot be excelled at both at the same time. Doing accounting on your own as a restaurant manager can only produce a subpar result, causing non-compliance with Indonesian Law. By outsourcing accounting to professional accountants, not only will you get comprehensive accounting services, but you can also benefit from accounting expertise with real-time customer support. Accounting Outsourcing to Cekindo Accounting is something a company should not take lightly. You most probably want to seek consultation from accounting professionals and even partner with them for long-term services. Cekindo is a reliable accounting outsourcing firm to enterprises in Semarang, as well as other parts of Indonesia, focusing on providing a personal and tailored service to your business needs and ease your workload. If you are interested in our accounting outsourcing opportunities for your business, come talk to us and we will offer you a free, no-obligation consultation. We are more than happy to walk you through our services and explain to you how you can achieve greater financial control by outsourcing your accounting in Semarang, Indonesia to Cekindo. You can start by filling in the form below. Read Full Bio Verified by Daris Salam COO Indonesia at InCorp Indonesia With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships. Frequently Asked Questions Is there any foreign exchange control or limitation in Indonesia? Foreign currency transfers to and from Indonesia are not subject to exchange controls, allowing investors to freely move funds. However, these transactions must be reported to Bank Indonesia. Moreover, there are reporting obligations concerning offshore assets and liabilities to ensure transparency in financial activities. How is pricing determined for your finance, accounting, and tax services? To provide you with accurate pricing information for our finance, accounting, and tax services, we consider the complexities of your inquiries and the dynamic nature of regulations in Indonesia. As a result, the pricing for the services may vary accordingly. For pricing details, please talk to our experts. Will having a tax ID but never submitting tax reports cause a problem for my company? Yes, you will receive an administrative penalty for delaying or not correctly and promptly filing the tax report. It is best to hire a local third party to handle your taxation matters in Indonesia, such as InCorp. What taxes are involved? For employment, the company is subject to: Employee income tax article 21 VAT on both the service invoice and the salary invoice 2% recovery tax on salary invoice Get in touch with us. 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