Pursuing a Career in Real Estates Essay Example | Topics and Well Written Essays - 1250 words

Pursuing a Career in Real Estates - Essay Example Title companies’ main work is to make smooth the exchange of properties between the concerned parties, doing all the work for the buyer who can be a citizen or a foreigner (Tyson and Griswold 62). Unlike the U.S., other countries have rules in regards to what property foreigners can buy. In Mexico, for example, foreigners are not allowed to own property within 50 km of the coast or 100 km from the borders unless they have a Mexican trust or Mexican corporation title. In South Asian countries like Thailand, foreigners cannot own land, but properties in it can be purchased followed by land acquisition under a lease option of 30 years. However, this land acquisition is not assured because the government still insists that land ownership by foreigners is illegal. In the Philippines real estate development is one of the fastest growing businesses (Edwards 78). This paper discusses real estate as a possible business venture and the qualities of a successful real estate agent. THE RE AL ESTATE BUSINESS SECTOR As the world economies evolve, individuals and organizations have seen the need to make smart investment choices. In his book, on investing in real estate, Eldred asks, ‘What types of markets offer the best opportunities for future profits? What type of markets alleviates risks?’ (20). Questions like these are the ones that an individual asks when they wish to invest. The answer to the questions lies in the real estate industry. Real estate development has had a positive impact on economies of nations over the years. This is because land is so much a limited resource that even reclaiming it from the seas is not a sustainable option. Thus, a smart investor invests and owns part of it so as to have a bargaining chip. Furthermore, its value rarely goes down, and even if it does it does not take long for its value to shoot once again. Fields in the Real Estate Business. Private property ownership, has led to the development and growth of real estat e to a significant business sector, also called commercial real estate. In reality, real estate properties are always expensive thus; they require a significant amount of investment. In addition, each piece of land has unique characteristics, which has lead to development of different fields in the industry with specialists that evaluate the real estate and facilitate the transactions. Businesses in real estate include Appraisals, where a professional determines the value of the property (Edwards 78). Second is the brokerage, where a broker is paid a fee to facilitate the transaction between the two parties. Third is development, which involves land improvement for use via replacing or adding buildings. Fourth is net leasing, which ensures tenants pay rent plus the additional expenses that are supposed to be paid by the landlord. Fifth is property management, which involves managing a property on behalf of the owner. Sixth is real estate marketing and it entails managing the sales a spect of the property. Seven is real estate investing, which entails management of the investment in the real estate. Eight is the relocation services, and as the name suggests, involves relocating business or people to different countries or regions. Lastly is the corporate real estate, which deals with management of a corporation’

Business diversification of a confectionary food and beverage business Essay

Business diversification of a confectionary food and beverage business of United Kingdom - Essay Example This report assesses the trends and pattern of international trade between these two countries especially trades and investment in the beverage industry. Implication of the international institutions on its initial entry into Indian market will be analysed. Finally, this report will recommend whether and how the company can diversify its business into Indian market. Introduction Globalization has stimulated many successful firms in all many countries for diversification of their business into foreign market. It allows two different ways for international business expansion for these successful companies in their domestic countries. One is trade and another foreign direct investment. These factors have influenced one UK based Food and Beverage Company named Crazy Food Private Limited to decide start its international diversification. The company has decided to diversity into a developing country i.e. India. The company has successful portfolio that consist of processed food, ready to eat food, snacks foods as confectionary items and soft and energy drinks as beverage items. It has well developed two popular brands in UK market, Crazy Bite and Crazy Cola. The company wants to launch these two popular brands in India and it has noticed this confectionary market in India to be growing more in next five years. So, this report will provide a detailed investment analysis for this company to assess the viability of its international business diversification into Indian market. Answer a) National business system India is a developing country having a growing economy that is 12th largest economy in the world by nominal value of gross domestic product. The country has approximately more than 17% of world population among which more than 200 millions can be segmented as high consumption oriented urban people. This segment of people is having above average income level and higher purchasing power. This is one of the major strengths of the country for attracting foreign busi ness institutions to enter into Indian market. According an analysis by World Bank, India is 4rth largest country in the world in terms of overall consumption and purchasing power of the total population of the country. 40 percent of this 200 million people are youth (IFC, n.d.). Therefore, growing purchasing and consumption trend of this large segment of people is the key attraction of this company in terms of potential customer base as youth are usually the most potential target customer for any confectionary food and beverage producer. Apart from the huge customer base, next important key resources of the country has is sufficient youth labour and expertise. This is one of the most important recourses of the country which has become the main attraction of the foreign companies especially companies from developed countries like Crazy Food. The company can get sufficient labour in comparatively very low wage rate as compared to UK market rate due to the higher difference of currenc ies of these two countries. As a food and beverage company, Crazy Food needs huge work force for production and packaging, bottling etc. National political environment of India is stable as current government and only one major opponent do not have many conflicts that can affect any areas of business national