The place where one conducts a business is to be given a very special consideration if you want to have a prosperous business. You have to consider the ins and outs in that place. You also have to know the culture and the customs of the people who live there. You must at least know a little of their geography and history because this spells a lot how they are now living today.
You must also know the current events and issues in the place where you intend to start your business. You must be very familiar with the place. This is to give way to a smooth business relationship with the people around your firm.
If you are considering United Arab Emirates as the place of your business, you must know the place very well. You can read news articles from the web. You may also consult websites on this business venture. You must also determine if it is really feasible to put up your project there. To give you more confidence in doing business in the UAE, read the guide below on how to build a business at UAE.
- First, you must consider the legality of your business according to the UAE Law.
What are the products and services you are selling? Are they really permitted to be introduced to the UAE? Consider the policies of UAE. If your business can be started there without legal issues, then you may proceed.
Which state in UAE are you going to build your business? Are you going to have it at Abu Dhabi, Dubai, Fujairah, Ras al Khaimah, Sharjah or Umm al Qaiwain? You must consider the businesses already currently there? Do they have something like your proposed business already? If you are the first one to have that kind of venture, then you are truly lucky. You will have a good chance of having many patrons.
- Third, you must determine whom will you deal with in the UAE.
Are you going to deal with family businesses which are very common in the UAE or are you going to have a deal with international organizations. Knowing whom will you deal with will prepare you for the processes, technique and actions you need to make to prosper in your business plan.
- Fourth, you must also determine if the company law you are having a business with adheres to the tenets of Islamic Law.
This is very important because their actions will be monitored by the Muslim Clerics of the Sharia council. It will be very strict in seeing to it that no Koran law is violated by the business undertaking.
- Fifth. You must be acquainted with the management style of UAE. They are directive and paternalistic in nature. It requires a leader who shall lead the employees. The employees shall be under their supervision. Rules and regulations will be implemented strictly.
It pays to have some guide in order for you not to get lost in the process. Every now and then consult these tips for better business relations at UAE. You can also search UAE B2B Website where you will meet with thousands of UAE Suppliers and manufacturers.