Running a business without adequate data security is a massive risk. Crippling data breaches are increasingly common and no business is immune. In 2018, Dubai’s fastest growing startup – Careem – was hit by a cyberattack affecting 14 million users. SMEs are especially...
The Rose Review, a new study commissioned by the UK Treasury, has revealed some eye-opening statistics with regard to female entrepreneurs. The report, conducted by the Royal Bank of Scotland’s Alison Rose, found that female entrepreneurs tend to have to start new...
Setting up and running a business in the UAE comes with all sorts of opportunities – the country is brimming with entrepreneurial activity with The Department of Economic Development in Dubai issuing 20,467 new licences in 2018. However, with opportunity comes...
A vital element of business growth is the preparation for growth. Structuring your team for business expansion is one of the important tasks. Find out about how this can be done! Let’s discuss these in more detail. Be clear on your vision The starting point in your...
When your business is thriving, it can seem counter-intuitive to set aside cash when it could be used to grow your venture. But what will you do when you hit a downturn? How can you be sure to survive it and prosper, as well as hold on to key staff? Setting aside a...
If you are a startup with a unique business idea, product or technology, it’s generally recommended that you copyright your idea, rather than trademark it. Find out why. Over the past decade, applications for intellectual property (IP) protection in the UAE have risen...
Every business must change at some point. It might be a pivot in strategy. It could be an entire transformation. Either way, it won’t be easy. Because trying to alter tried and tested ways of working can be a real headache. And, no matter how good your intentions, it...
If you’re an expat setting up a brand new business in the UAE Mainland or establishing a branch of an existing business here, joining a business council should be one of your top priorities. In Dubai in particular, the business councils set up under the auspices of...
Not every successful business person is a natural-born genius. Indeed, extensive research suggests that the difference between ‘average’ and ‘successful’ business people amounts to differences in habits. In his book Change your Habits, Change your Life, business...
A period of rapid growth can be both a blessing and a curse for your business. It can mean higher profits, employing more staff and a sustainable future. But, it can also mean you get overstretched, experience a huge change in company culture, hire the wrong people...
Potential entrepreneurs are often spooked by the large quantities of cash needed for specialist services to get their startup off the ground. After all, outsourced or in-house services can be cripplingly expensive. But help is out there. A number of effective...
Dubai is a model for diversification, but what about its businesses? In the age of disruption, how can entrepreneurs adapt their enterprises to mirror, or even outshine the growth of the Emirate’s economy? Pursuing new revenue streams is tempting for any entrepreneur,...