If you’re starting a new business or have just launched a new business in Dubai or UAE, there’s one thing that you can’t afford to not do—and that’s create a great business plan.
A smartly-created business plan helps Dubai-based entrepreneurs work more smartly, stay more watchful for roadblocks, speed test new business ideas, and align expectations with investors and stakeholders.
In short, a smartly-crafted business plan is your roadmap. Without it, you are likely to get lost, sooner rather than later.
Thankfully, creating a business plan becomes an easier task if you make sure it has these 8 essential elements:
Because most readers won’t read even a line further if they don’t like what’s written in this section.
As a Dubai-based startup company, you can create an impressive executive summary by focusing on not only your experiences and background but also those of your partners, if you have any. Doing so will help you show your business’ underpinnings to the readers.
Mention the amount of money you need to launch your business, as well as information about how you’re going to generate returns (in case of investors) or repay the borrowed amount (in case of debt financing).
Whether you choose investors or debt financing, both would be interested in knowing how you plan to spend their money, as well as when you’ll be able to pay them back.
For more info about how to create accurate, powerful business plans for Dubai and UAE startups, get in touch with us and we will be more than happy to help you out!
Have you ever wondered which marketing tool can help you grow your business fast and on budget?
You’re not alone. This is one question which many Dubai and UAE startups ask—and not without good reasons.
Startups in Dubai and UAE often have a limited marketing budget. This means they must do more with less. They must find an affordable and wide-reaching marketing tool which allows them to connect with more people, has an impressive conversion rate, and delivers great ROI.
But does such a marketing tool even exist?
The answer is yes—and its name is Email Marketing, the oldest and most powerful digital marketing tool.
Many other digital marketing tools have come and gone, but email marketing still remains the favorite channel of smart modern marketers.
Here are top 5 reasons why you can’t afford to not have email marketing in your digital marketing strategy.
As you can see from these facts and figures, email marketing is the most effective digital marketing tool, but you must use it smartly to get the desired results.
For more information about developing a result-oriented digital marketing plan for your Dubai and UAE based startup, get in touch with us now.
Raw Talent Vs Job Experience—Who Will Give Your Dubai Business Greater Competitive Edge?
As an HR manager of a successful Dubai-based startup, do you often find it difficult to decide when should you hire whom—raw talent or an experienced professional? Well, you’re not alone.
The ‘raw talent or job experience’ conundrum troubles even the most experienced HR managers at Fortune 500 companies. But that doesn’t mean there’s no way out of this maze. You can solve this riddle once and for all—and we’ll show you how.
In this post, we show you when to hire raw talent and when to go with experience, along with common pitfalls you must avoid. So, let’s get started.
Why You Need the Right Person at Every Job
For a startup company in Dubai, it is important to hire the best talent because your loss will be your competitor’s gain. With business environment here being highly competitive, you must do whatever you can to gain an edge over competition.
Understanding when to hire which type of professional will give your business a competitive edge and help you outperform other startups like you and also quickly narrow down the gap between you and the leading players.
Hiring Tips for Dubai-based Startups
Follow these tips to give yourself the best chance to hire the right person for every job opening.
You should go for experience when:
You should go for raw talent when:
Before you start interviewing candidates, take a call on this. Otherwise, you might just end up wasting your and candidates’ time. Worse still, you might bring on board a person who’s not suited for the job.
Experience doesn’t always amount to talent.
A candidate’s experience is not a measure of his talent. As a matter of fact, there are many experienced professionals in Dubai who are just mediocre. Precisely for this reason, along with an inspiring track record, you must value traits which showcase the candidate’s ability to be proactive, work in a team, and stay self-motivated. HR experts believe such employees add a lot of value to their organizations over time.
A list of impressive past titles and employers is good—but it is not everything.
Don’t think that a candidate would add great value to your team just because he has done his masters from a premier college and worked with some impressive names. What you must focus most on is his achievements. That—and not other things—will give you a fair idea about what that employee will bring to the table.
For more information on how to hire the right candidates for your Dubai and UAE based startup, feel free to contact us. Our hiring experts will get in touch you and help you hire the best talent in the industry.