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. […]
Every day, there are companies closing down, firing people, cost-cutting. Is the business market in the UAE failing? Definitely not. There are a number of very important elements that cause a business to stop growing and eventually play. Amongst the reasons, these four are common ones that come up in many cases. Lack of A […]
UAE has been a top destination for international companies to expand their business in. The government have strongly supported the growth of a very diverse market with protective regulations and attractive laws such as the ‘no corporate and income tax’. Many companies, local and international, are enjoying these benefits. Although the process for business incorporation […]
The GCC has been on top of the list where international businesses are setting up their companies. This is for many great reasons. It includes business environment, economic and political stability, regulations, no corporate and income tax, and more. The whole process of setting up is not extremely difficult. However, companies must be well informed […]
After a year of implementation in the UAE, many businesses are still on rounds of understanding how to manage business tax to abide by tax laws and regulations. Tax compliance is highly important especially in the UAE where non-compliance is punished by high fines and penalties. On its first year, the Federal Tax Authority in […]
Building a business and running a successful one entails a constant cycle of problem-solving. Running a business in the UAE, in particular, entails challenges that companies constantly deal with. Here are some of the common challenges that businesses constantly come across and best ways to deal with them. 1. NON-COMPLIANCE TO RULES, REGULATIONS, AND […]