Incorporation

7 big mistakes most first time entrepreneurs make

 No one likes it when one’s new business fails, wouldn’t you agree? It has taken a lot of time, energy and money and to see all that go to waste is not a pleasant thought. Of course, there are times when businesses fail because of circumstances beyond entrepreneurs’ control, but most of the time, businesses fail because of common mistakes that could have been avoided with little focus. Below are some of the most common mistakes first time entrepreneurs usually makeand are aware of their...

SMALL AND MEDIUM ENTERPRISES RISK REGISTERS

The purpose of this exercise is to bring more awareness to the applicants (current and future applicants) to better understand risks associated with their respective business, understand the likelihood and impact of those risks, and better understand how to minimize or mitigate those risks.AttachmentSME Risk Registry

The Importance of Business Development to SMEs

Provided by Potential, Content Partner for SME Knowledge UAE Grow or DieThe business environment today makes it essential that small and mid-sized companies make the issue of growth a priority. With the rapid changes in technology and business methods, any company that is not growing is losing ground. In virtually every significant market niche there are competitors that are employing best practices and changing the way business is carried out. If a company is not tracking those...

GEM UAE - Entrepreneurship - An Emirati Perspective

This report examines key aspects of entrepreneurship among Emiratis measuring their attitudes, activities, and aspirations. It reveals that Emiratis have positive attitudes towards entrepreneurship with nearly 80 per cent perceiving entrepreneurship as a good career choice and 60 per cent seeing good opportunities to start a new venture in the short term. However, only 50 per cent believe that they have the necessary skills and knowledge to start a business.   Authors:   Halah El-...

Organization

OBJECTIVE: When you have decided which business is right for you, you will have three important decisions to make. In this session you will discover: whether to go into business alone or with a partner; the type of business organization to use; and what professional advisors to select. Should You Have a Partner Arguments For Arguments Against What Type Of Business Organization Is Best For You? Sole proprietorship General partnership Limited partnership Corporation "S" Corporation Limited...

Investment in the UAE How to launch a start-up company?

The UAE has been able to gain the confidence of investors and those interested in starting their businesses from all over the world, thanks to its factors of attraction including the political, social and economic stability, the highly developed legislative and institutional system and infrastructure and the incentives and benefits it continues to provide to investors. All this has rendered the UAE an attractive destination for investors from everywhere.The UAE ranks 25th among the most...

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