What is the difference between Godo Gaisha (GK) or Kabushiki Gaisha (KK)?

What is the difference between GK and KK? Which did you choose and why?

Here are some of the points we considered when looking at GK vs KK.

Simple description:

KK – shares calculated based on amount of money invested by each person. For example, if there are two investors and both invest 1 million yen in the company, then the profits are split 50:50.

GK – shares can be calculated based on amount of money invested as well as skills/time/technology contributed. For example, if there are two investors and Partner A invests 800,000yen and Partner B invests 200,000yen, however Partner B brings more skills/ideas/contacts/technology to the company than Partner A, then the two partners may agree to split the shares and profits 50:50.

Advantages of GK

  1. The cost of establishment for GK in Japan is lower than KK – 100,000yen for GK compared to around 250,000yen for KK.
  2. If the company is GK, you can set the profit share and authority regardless of the amount of investment. This means that for GK you are able to design your company as you like, as long as you specify the rules of your company in the documentation.
  3. There is less control from investors in GK, which can give the company more flexibility. This can be handy if your company needs to make decisions quickly, especially in terms of new technology (this could take too long to ask investors and board of directors of a company if KK, which could result in losing competitive advantage).
  4. GK can be a great option for venture companies – for example, if a small company has new technology and a larger company would like to start a venture with them, they could make the venture a GK which would ensure the smaller company doesn’t lose their authority.
  5. No need to announce the financial statements of GK.
  6. No time limits for Directors’ and auditing officers’ terms of office

Disadvantages of GK

  1. GK is a new system in Japan, so it is still not really trusted by corporations here. Most big companies in Japan still prefer to work with KK, especially if you have a small company or a startup.
  2. There is a risk of issues arising if investors have a disagreement. If, for example, you start a business with 2 of your friends and you decide to establish your company as GK – if you have a disagreement with your business partners and they get an agreement against you, then there is a risk of you losing control. Even if you invested a large amount of money in the business. If your company is KK, the authority is determined by the amount determined by each investor.
  3. We heard it can be harder to get a bank loan if GK (compared to KK).

GK increasing in Japan

The number of GK companies in Japan is increasing, and there are many big GK companies such as:

  • P&G Maxfactor
  • Apple Japan
  • SEIYU

However, still GK is a relatively new concept and not as trusted as KK in Japan.

Why we chose KK

  1. KK is the mainstream company type in Japan (Yamaha, Seiko, Sony, Makita…), and our business partners and clients would feel more comfortable dealing with KK.
  2. We were the main investor in our company, so KK is easier.
  3. When expanding our business, KK could be easier than GK for recruiting new staff.

Some Advices

This is my check list for whether to choose GK or KK:

  • If you want to start a small bussiness and no need to raise funds, then GK could be suitable.
  • If you want to start business with others, you have to be careful. KK is based on money, so it is simple. But GK could be mess if you have a disagreement with your business partners.
  • Check your competitors and their style. If most of them are KK, then probably better to choose KK.
Read More What is the difference between Godo Gaisha (GK) or Kabushiki Gaisha (KK)?

Turkey – The Land of Two Continents

Yes, you read it right! Turkey is a republican nation located on two continents-Europe and Asia, larger part of which lies in the latter. If you plan to visit this country, you would be actually planning to visit two continents which in itself is an amazing experience. Here is a list of the best places to travel this year in Turkey:

1. Istanbul

This largest city of Istanbul is famous for many places, one of them being the Topkapi palace. The palace with its lush green courtyards takes you all the way to ancient times as it is home to sultans and the royal families. This city does not let your historical experiences fade away easily as it is also home to the Blue Mosque, a marvel of 17th century and which is also a few mosques of the world to have six minarets. Facing it is the magnificent Aya Sofya, which dates back to 6th century and is a church turned mosque turned museum.

2. Antalya

Last year, this city bagged the honour of being the third most visited city of the world. This self describes the magnificence of this coastal city. Antalya is endowed with natural attraction of Duden waterfalls, which one cannot afford to miss. In terms of offering you rich historical experiences, this city is no less than Istanbul. Here lies the Antalya archaeological museum which takes you on a roller coaster ride from the pre historic times to the present. Antalya is also known for the ancient ruins at Perge and Termessos.

3. Bursa

The first site one can think of to visit in this city is the Great mosque. It is splendid specimen of architecture of the Ottoman empire of Turkey. Busra will also leave the fun and adventure lovers happy as here lies the Uludag Teleferik which is an adventure tram and is worth trying. The city also has complete arrangement to keep the ladies happy as well as here is the market Koza Hani, famous for sale of silk and scarves.

4. Trabzon

The city lies on the ancient silk route and this itself speaks of its historical significance. While in this city, you get to appreciate the religious diversity. This city is home to famous Sumela monastery and the Hagia Sophia church. Trabzon city also offers you a chance to view the rich biodiversity of Turkey at Altindere Vadisi National Park.

5. Uzungol

This city is far from the urban rush and noises. It offers you a peaceful stay near the villages where you can stroll trough in the evening. It is the place where you feel being in the nature’s lap. You can sit besides the lake, feed the ducks and simply count on the blessings of nature!

The list does not end. It is just that the beauty that Turkey is home to cannot be summed up in a few words. You ought to visit here to treasure the splendid architecture and natural sites of this country. And there are a number of travel agencies that can accommodate you in Trabzon, Uzungol like Alsahhab Travel Agency which can help in planning the complete tour for you. Come, visit the land of two continents!

Read More Turkey – The Land of Two Continents

The Top Reasons To Move To Tampa Bay

Tampa Bay is a huge, natural harbor along the Gulf of Mexico. It is comprised of the cities of Tampa, St. Petersburg, Bradenton, and Clearwater. There are some great reasons to visit Tampa Bay for a short adventure, but there are also reasons to move there. Let’s explore some of them right now.

Economy

Tampa Bay is one of the top ten big metro areas for college-educated workers. The economy is booming here. There are a lot of 25-29-year-olds who have moved here to take advantage of the job market.

Education

Florida is the nation’s leader when it comes to high school seniors who are taking AP exams. More than 50% do. Florida youth get a great education, and you have children, then this is a good place to send them to school.

Great Parks And Recreation

Forget all the adventure parks, zoos, and aquariums in Tampa Bay, there are natural sights in abundance. Your children will have plenty to do in nature – which is healthier for them while they are growing up. Tampa Bay has world-renowned public spaces that serve as gathering places for friends, families, colleagues, and couples.

Sports

Tampa Bay is home to a lot of sports teams, such as the Tampa Bay Lightning, Tampa Bay Buccaneers, Tampa Bay Rowdies, and Tampa Bay Rays.

Say Goodbye To Boredom

Tampa Bay is a truly charming city, with everything nice that a metropolitan place has to offer. It has theatres, museums, them parks, and more. Forget your troubles whenever you want. Just go out on the town and experience the exciting and rich nightlife of Tampa. Stay entertained during the day by visiting museums, zoos, adventure parks, and special events.

Tampa International Airport

Feel like getting away? You’re only a short distance away from Tampa International Airport, called “America’s Favorite Airport”. It’s one of the top ten cheapest airports in the nation for roundtrip fares.

Some Of The Best Universities

The University of South Florida is one of the top 50 institutions in the country for research expenditures, ranking up there with Harvard, Yale, Stanford, and Johns Hopkins. Your children will get an excellent education in the Florida public school system, and they can then go to the University of South Florida with in-state tuition.

Entrepreneurship

The start-up environment in Tampa Bay is really taking off. There are a number of programs and events that are happening all the time now. FastCompany magazine recently did a piece on the area.

Read More The Top Reasons To Move To Tampa Bay

Roma, the perfect place to learn Italian

Rome is considered as one of the oldest cities in the world and with the enclave of the Vatican City within its territory, Rome is also the center of Roman Catholicism and according to UNESCO, over 60% of the world’s art treasures are discovered in Italy.

Rome is the cultural center of Italy and tourism is an activity extremely important to the Italian economy. Universities in Rome are also significant parts of the financial system. Many people say that Italian is the most beautiful verbal language in the world.

1. Learn Italian in the External City

Rome has the largest institution of higher education in Italy and Rome is a main epicentre for artists. Speaking Italian will give you the opportunity to understand social and cultural references, by going to the theater or to the cinema this can help improve your knowledge of the country.

Nacel International offers an excellent Home Lessons program to students who want to learn Italian and discover the Italian culture by living in a teacher’s home which prevents the student from speaking his own language after class and thus destroying a great part of what he has learnt during classes. This is the key to rapid learning. Because the teacher is also in charge of the accommodation, the homestay in Italy program offers the unique opportunity to fully integrate. Students will have the unique opportunity to be in a full immersion experience, to live with and be individually taught by their own private teacher.

English is known as the international spoken language in tourism and in the business industry in general, but it is always better to exchange with locals in Italian if you are traveling in Italy for two main reasons. First of all, speaking Italian can facilitate the interaction with locals and secondly, locals will appreciate your effort in studying their language and culture. Therefore, learning Italian in Italy with a personal teacher will give you the opportunity to network easily and improve your fluency.

2. Rome: Culture and Gastronomy

The Romani culture is a part of the European cultural tradition. They like maintaining values such as promptness and organization. Social life and interaction is important to Romans that is why they enjoy public events and parties. People like to go out, go to the cinema, museums, theaters and music is considered an essential part of Italian life. Italian people are also famous for their attention to clothing and family values.

Rome’s cuisine has evolved through years but this city became a major gastronomical pole. In Rome, the typical serving dish is pasta. Italians have a varied range of pasta that they prepare it with all kind of sauces; the Bolognese and the Carbonara are the most famous. Generally, in restaurants plates are filled with food.  It is commonly said that Italian pasta has a different taste than any other pasta in the world. There is infinity of dishes you can taste in Rome mainly made with fish, vegetables and cheese.

Read More Roma, the perfect place to learn Italian

Get a Better Deal by Using Car Rental Companies Away from Airports

Get a Better Deal by Using Car Rental Companies Away from Airports

car-rental

If you’re a traveler and need to often rent a car, there are some things to consider. Among them are the pickup and return locations, the selections, features and price. Large airports always have hubs where you can rent and pick up your car. But the convenience will most likely cost you in other ways.

First of all is the price. If you go to an offsite company to rent your car, it’s always going to be less expensive. The airport is obviously more convenient, but this lets the service to raise their rates. Their overheads are probably higher, too, and these get passed on to the customers. Offsite rentals let you save money.

Offsite companies have more car selections. Most airports have slightly limited inventory because of the available space. Offsite companies will have a larger selection of cars to pick from because they’ve got more room to put the cars.

The features offered by the offsite rental companies are usually more inclusive than the airport services. You’ll get more amenities that will make your trip more comfortable and affordable. You can’t beat that.

happy-woman-with-car

Since offsite companies aren’t at the airport, you’re not going to stand in line with a flood of people getting off the planes and wanting to be first in line. Instead, you’ll have more personalized service. If you’re new to the city and have questions, the staff will have time to help you.

These are just the tip of the iceberg when it comes to the benefits of using an offsite car rental company. It might make more sense to use airport car hire, but in the end, it’s much cheaper and more advantageous to take a shuttle or cab to the offsite company. This is especially true when you consider the cheaper rates and more amenities.

hertz-is-one-of-largest-car-rental-companies

When you’re traveling for business or pleasure, there’s a lot to do to prepare. So you shouldn’t ever just settle. While airport car rental services do have conveniences to offer you, if you’ve got the time to plan and locate the best services, you may do better to use offsite car rental services. Be sure to check out your options before making a final decision.

Read More Get a Better Deal by Using Car Rental Companies Away from Airports

Tips For A Successful Italy Vacation

Traveling to Italy is a dream by many. If this is your dream too and you’re now ready to make it reality, then here are some handy tips that you might want to try out to help make your dream a successful reality.

Learn!

As the famous saying goes, “When in Rome, do as the Romans do.” It’s quite a cliche if you think about it, but just like in traveling to any other country, you should learn about the country’s culture before you go there. You should research first about Italy’s customs, traditions and other vital data.

Advance Planning

Planning in advance is always the right thing to do with any kind of excursion. Take into consideration some vital factors. For instance, are you in need of some kind of medication? If yes, then you should always have your medication around with you. Thus, appropriate documentation would be needed to prove so, in order for you to bring it. Even though there’s a chance that you can get the same medication in Italy, there is also a chance that you may not. Thus, playing safe would be better than risking it at all.

Additionally, you should think about whether you want to drive around the city or not. You should find out if you’ll be allowed to drive around Italy with just your regular license, or if you’d have to go get an “international driving license’ in order for you to drive. Also, if you’re not that familiar with what international road signs look like, then you should do your research and familiarize yourself!

If you’ll be driving, it would be best to do an advance check on your route. In that way you have less chances of getting loss and you can have at least some knowledge on where you’ll be going before you even get there. You should also research and know the road rules in Italy, so that you won’t get into any trouble or commit violations when driving.

Know The Spots

Before going out your hotel room, it would also be best to create a list of all the scenic spots and things that you would want to see. Try researching them first before heading out. This is so that you won’t waste your time, since some museums, events or exhibits are quite time sensitive, which is why you’d definitely want to be sure that you’re visiting on the right timing to see all that you want to see.

Nowadays, almost all museums and art galleries have a Web page. It’s pretty easy to surf the Internet and check their sites so that you would know their opening and closing times.

Get Connected

If you’re someone who needs to have his or her cell phone all the time, there’s a way in which you can make it work in Italy. You can get a specialized card that can make your phone capable in receiving signal while in Italy. You can ask your service provider regarding that matter.

Additionally, if you’ll be bringing your laptop computer, you should be sure that you have your transformers with you and some converters, just in case the voltages in the plugs are different from the ones that are conventionally used in your country. Also, do not forget to bring any documentation that may be needed.

Consider A vacation Rental
Italy is not a cheap country to stay in. If you are planning on touring one particular region for a period of time, and you are in a group, consider taking a vacation rental rather than staying in a hotel as this could make you a significant saving. It’s possible to stay in one place and still be able to tour whole areas such as Tuscany, Sicily, Umbria etc. There are plenty of vacation villas in Italy available from online agents that can be booked online before you go.

Read More Tips For A Successful Italy Vacation

Bristol Nights Out, Guide on Where to Go and Stay

bristol-night-out

Bristol serves as a temporary home to more than 44,000 students, which means that there is always somewhere to go in the evening, no matter what day of the week it may be. A number of the venues here offer special deals on drinks to attract customers, and the nightlife scene is very vibrant throughout Bristol. What follows is information on Bristol nights out, a guide on where to go and stay.

green-city-park-in-sunny-summer-day

Visitors to Bristol who want to avoid the student scene will also find plenty of chilled out establishments in which to enjoy a drink or two. The atmosphere at many of the pubs and bars that can be found along Kings Street tends to be rather relaxing, and there is a special outdoor drinking area that is ideal for watching the world go by accompanied by a drink in the summer. Drinkers will also find some of Bristol’s most historic pubs in this part of the city, such as the 17th-century Llandoger Trow.

happy-smiling-friends-drinking-beer

People who want to go clubbing while they are in Bristol will be able to take their pick from numerous vibrant night clubs. There is a good selection of popular night clubs to be found on Stokes Croft and Gloucester Road, while lovers of live music will also be able to here bands play in this area in the evenings. The Pipe and Slippers is one of the best places to soak up the nightlife scene here, while other great options include the Bell, the Croft, the Prince of Wales and the Flyer.

beer-club

Park Street is also a good place to head if you are planning to strut your stuff on the dance floor. Top picks in this area include the Woods, the Black Bear, Brown’s and Embargo.

Accommodation in the city comes in all shapes and sizes, and people who are on a budget will be able to find plenty of great places to stay in Bristol. Perhaps the largest concentration of hotels and guesthouses can be found just to the northwest of the city centre. Find out more about cheap hotels in Bristol here.

Read More Bristol Nights Out, Guide on Where to Go and Stay

Facts You Should Know When Traveling to Finland

Facts You Should Know When Traveling to Finland

 

winter-night-scenery-of-the-old-town

When planning a vacation, Finland may not be a destination that you immediately think of. However, this country is totally interesting and fun to visit. Have a look at the following interesting facts about Finland:

interior-of-sauna-and-sauna-accessories

  1. The Sauna was invented in Finland and more than 60 percent of the population there has in-home Saunas. Finnish people are very proud of inventing the Sauna and using it is taken seriously.
  2. A significantly high percentage of race car drivers seem to come from Finland. Most recently, names such as Salo, Kovalainen, and Raikkonen have become well known in the racing world.
  3. During the summer, there are a few weeks where it’s barely ever dark. At the peak of summer, it’s possible to actually read a newspaper at 3:00AM because the skies are still quite light.
  4. Located in the far north of Finland, Lapland is known as the home of Father Christmas. Here it stays dark for many months during the winter. If you’re a sun worshiper, this would be a hard place to live because it’s dark for nearly 24 hours a day.
  5. Finland was the first country worldwide that allowed all women to vote.
  6. The language of the Finnish people is rather unique and unlike any other language worldwide. It’s also rather difficult for visitors to learn due to the style and rules of it.
  7. If you’re interested in doing a well-rounded tour, Finland is ideally located. In fact, Helsinki can be your central location for visiting the neighboring countries.
  8. The popular drink in Finland is Vodka. Both men and women enjoy it and the women can hold their own.
  9. Visiting Finland during the winter means you should dress and pack for some pretty cold weather. It’s not unusual for the temperature to be below zero during the peak winter months.
  10. If you’re planning to visit Finland during the summer months, expect some lovely sunny weather. Be sure to bring your swimsuits and warm weather clothes for enjoying parks and the countryside.

yellow-house-with-a-red-roof-on-the-hill-finland

Whenever you decide to travel to Finland, there will be something to delight you. It just depends on what you’re hoping to do while you’re there.

Read More Facts You Should Know When Traveling to Finland

Top Five Italian Words You Wouldn’t Dare Mispronounce

Going to Italy? Well good for you! Just as with traveling to other countries, learning a little of their language would do you good. It doesn’t matter if you master it by heart or have a handy dandy translating dictionary with you, as long as you know the words and what they mean then you’re in good hands. However, knowing the meaning of words are sometimes not enough.

As you know, languages have different intonations with words. And in some languages, a little difference in intonation can lead to a difference in meaning. Thus, pronunciation is vital especially if it’s a foreign language. So, if you’ll be traveling to Italy and decide that you want to show off some of your Italian skills then here are the five Italian words that you wouldn’t dare mispronounce.

Fico

This word is a noun, which means fig. Sweet and succulent, figs are quite well loved, right? Yes, just make sure that you maintain saying this word in a masculine way in which it ends with a powerful and clear “o”. Be wary, since once you make it slang and say it like “figa” or “fica” then you are in big trouble. Why? Because the last two are Italian words that actually refer to the female anatomy’s vagina.

However, if you would desire to say that something’s generally cool or a certain man is attractive, then you could say “figo.”

Penne

This is yet another noun, which could mean penne, or basically the type of pasta. It may also mean “pens” in which the singular form would be “penna”. It would be helpful to know that the Italian language is quite particular with the letters on their words, in which you have to pronounce each letter clearly. Thus, the word “penne” should be pronounced as “pen-ne”.

Although non-Italian ears wouldn’t be able to discriminate the difference with regard to pronouncing correctly the double “n” or not; Italian ears however would definitely do, most especially with this word. Why? Since once you pronounce it as “pene” you are actually referring to the word “penis”. Such little variation in pronunciation could lead to a big difference with meaning!

Pisolino

This is a noun for “nap”. When saying this word, make sure that you pronounce it the way it is written. Do not forget the long “o” in the middle too. If ever you become lazy, and say it like “pisellino” which literally means “small pea”. However, even though “small pea” is the literal translation, it is also Popeye’s Sweet Pea in Italian, which is the slang word for “tiny pene”. Hence, to put it briefly, go have a nap and not a tiny penis.

Scappare

This verb means “to escape”. This is yet another word that you should be careful in pronouncing the middle vowel. If you mispronounce it to “devo scopare” then you are actually telling somebody that you’ve got to sweep the floor. Although that seems not so bad at all, you should know that it’s also the slang for making love.

Scoraggiare

This verb means “to discourage”. If ever you mispronounce it to “scoreggia” what you’ll be talking about actually is to pass gas in a very unpleasing manner. This is quite a common mistake by foreign teachers who are teaching students English in Italy.

Read More Top Five Italian Words You Wouldn’t Dare Mispronounce

Choosing a Vacation in Greece

Choosing a Vacation in Greece

chairs-with-tables-in-typical-greek

If you are looking for Greece holidays this year then you may be considering somewhere on the mainland, or you could be thinking of one of the islands instead. If you want to enjoy a sun-filled holiday with beautiful beaches and plenty of other things to see and do, then you may want to consider a holiday on the island of Kos.

There are many different places to stay in Kos and if you are planning on spending the entire holiday relaxing on the beach then Mastichari is an ideal choice. Here you will find a stunning beach with clear waters where you can spend the day soaking up the sun.

view-of-the-thessaloniki-city-greece

For those who want to pack in a bit more on their Greece holiday, a two hour ferry trip to the island of Nissyros is something to consider. This is a volcanic island that you will remember forever. You could also choose to go to Stephanos to see where some of the James Bond Moonraker film was made. The landscape here resembles the moon.

passenger-ferry-amazing-blue-sea-in-greece

 

Honestly speaking, there are just so many choices of holidays as far as Greek islands are concerned. From the ever popular Athens, where one can visit the amazing Parthenon or the Acropolis, to Samos, Lesbos, Santorini, Rhodes and Crete, each island is just so unique and beautiful in its own way. There is also plenty of history, culture as well as heritage to experience in Greece.

cheerful-old-friends-having-fun-watching-a-football-game-on-tv-and-drinking-draft-beer-at-bar

The great thing about Greece holidays this year is that you can get them for a really reduced price because of the current economic climate. While the choices may be overwhelming to some, it is easy to find the perfect holiday to Greece if you look online or visit your local travel agent.

Read More Choosing a Vacation in Greece