Although ‘sales’, ‘revenue’, and ‘income’ are highly related terms, they have different meanings. These are to be carefully noted to strike a balance of your business’ needs as you do the business strategic planning. Here are strategies for businesses who aim to increase their ‘Sales and Revenue’. DIVERSIFY OFFERINGS If you’re not a new company, […]
Every business market has its ups and downs. It’s the other side of the coin that has always been half of the risk when building and running a business. The GCC has been a growing business hub yet, at the same time, we have seen businesses rising, succeeding, stagnating, and failing. The competitive market can […]
After the UAE government officially announced earlier this month that they are now accepting long-term visa applications for entrepreneurs and investors, the government have received 6,000 applications in less than a month. The government are now giving investors a chance for a longer visa of 5-year and 10-year given that they have a minimum of Dh5 […]
Companies are on a constant pursuit of growing the business through increase in sales and profit. As proven by many successful companies, growth has always been backed up with strategies and a practical execution plan. However, choosing a strategy is way more complex than picking a goal and planning a roadmap. An appropriate strategy is […]
Big brands and successful companies have attained their positions through continuous effort and pursuit of attaining goals. And this separates them from the rest of competition. Every successful business has achieved success through executing a carefully made strategic business plan with clear goals, objectives, and methods. A strategic plan gives the whole company an overview […]
Foreign investors now have a change to get longer visas with the new reform initiated by the government of the UAE last year. Investors who are willing to invest in real estate with a minimum investment of Dh5 million can now get a 5-year visa to stay in the emirates. Although the financial return of […]
12 Tips for Achieving A Successful Business Partnership and Alliance One way to grow a company may it be a small business or an already growing one – is to enter partnerships and alliances. Business partnerships are beneficial to both parties and create opportunities to grow and scale. Many businesses realize this and are […]
For every company, a business strategy is a total must. It serves as the roadmap to achieving objectives leading to bigger goals. May it be in launching a new product, aiming for a higher sales target, or expanding the team. Every significant milestone is achieved by having an efficiently planned and effectively executed business plan. […]
What successful businesses have in common – old and new – is an efficient STRATEGIC BUSINESS PLAN. It is no secret but unfortunately, this is a major component that many companies are missing. THE IMPORTANCE Strategic Planning is crucially important for every organization because it is what sets the roadmap and direction of the company. […]