Category: Startups

Want to get paid? How to invoice correctly in the UAE

It goes without saying that invoicing has a hugely important role to play in the running of your business. Without timely invoices both sent and received, you could quickly see problems with your cash flow – the death knell of 82% of small businesses according to a recent survey. But despite its importance, it’s a fact that accurate, timely invoicing is still something that many startups (both old and new) struggle with, particularly here in the UAE. And questions about invoicing are some of the most common enquires to businesses formation specialists in the region. So why do entrepreneurs in the Emirates struggle to meet the mark when it comes to invoicing? And how can you invoice to make sure you get paid on time, every time?

Read More

Setting up a company in Sharjah Airport International Free Zone

If you’re looking to start a business in the UAE, chances are the country’s free zones are already on your radar. In truth, they are pretty difficult to miss. Offering 0% corporate and personal tax, 100% company ownership, 100% repatriation of capital and profits, no currency restrictions, and 100% import and export tax exemption – well, it’s little wonder they are so popular. If you’re sold on the idea of setting up a business in one of the UAE’s free zones but are still unsure on exactly which one, here are nine benefits to help you decide whether Sharjah Airport International Free Zone is the right option for you.

Read More

Sales statistics – focus on those that matter, ignore those that don’t

It’s easy to get statistics wrong; and just as easy to popularise skewed numbers. What they lack in truth, they make up for in being memorable and easily exchanged in casual conversation. So, in a world full of misleading stats, which ones matter for us as salespeople? And which ones can we safely ignore?

Read More

How to hire in the UAE

With so many factors at play, hiring new employees is never going to be an exact science – and that’s precisely why so many businesses admit to getting it wrong. A 2014 CareerBuilder survey found that 41% of employers said that a bad hire in the past year had cost them at least USD 25,000. Hiring is complex, but there are ways to manage it effectively. In this article we look at what you need to know about hiring employees in the UAE and how to do so successfully.

Read More

Setting up a company in Jebel Ali Free Zone

Anyone with even a passing interest in setting up a UAE company will be familiar with free zones. Each free zone offers up its own range of perks that differ slightly from others in the country. So in this week’s free zone spotlight, we look at Jebel Ali Free Zone. Located in the west of Dubai, Jebel Ali Free Zone is the oldest free zone in the UAE, having been established in 1985. It is also one of the most popular. Here are eight benefits to help you decide if Jebel Ali Free Zone company setup is right for you.

Read More

Company formation Dubai

There has never been a better time for company formation in Dubai. That’s a statement that would probably have held true at any time in the past decade or so but right now the signs are particularly promising. According to the IMF, the UAE is expected to lead economic growth in the Arabian Gulf in 2017, increasing by 2.5%. If you’re thinking of setting up your company in the UAE, the good news is that it’s a relatively simple and speedy process with strong incentives, notably in the form of the country’s free zones. So how do you go about it?

Read More

Seven amazing apps for entrepreneurs

Being an entrepreneur isn’t easy. You have to wear many hats – CEO, finance, marketing, sales, admin, IT – and multitask your way through the different roles, all the while trying to grow and expand your young business. Increasingly entrepreneurs are taking to business apps to keep their companies running smoothly. With that in mind, here are seven of the best apps to help you grow.

Read More

Five signs that you are not ready to be an entrepreneur

It has never been easier to become an entrepreneur, with lower barriers to entry than ever before. But are you ready? In this article we take a look at five signs that you are in fact not ready to make the leap. Does any of this look familiar? 

Read More

Five signs that you have a great business idea

It may come to you while you’re working late, travelling to the office, or even when you’re struggling to sleep at 2am, but there’s no mistaking the amazing feeling that hits you when you believe you’ve just come up with a great business idea – the “game changer”, as it were. The question is, how do you know whether it’s as good as you think it is? In this article we take a closer look at what you need to do to properly analyse that business idea.

Read More

The top five challenges of doing business in Dubai

Despite cautious whispers about slowing growth that seem to pop up every few years, Dubai continues to surpass expectations and take its incredible evolution to the next level. There’s no doubt that this is still very much a city that is booming. But while the upward trajectory of Dubai may seem unstoppable, that’s not to say doing business in this part of the world is without its challenges. Just like any major business powerhouse, there are certain pitfalls to be avoided and obstacles to overcome. However, providing you go into business with your eyes open and aware of the hurdles that may lie ahead, there’s no reason why the driven and dedicated entrepreneur cannot see success in this amazing city.

Read More