BUSINESS PLANS

A business project always starts with a business plan. This essential part of a business start up is needed not only for the owner of the business, but also for partners (existing and potential), as well as for banks, in which the owner plans to take a loan.

 A business plan is worth to be made to simply see how profitable the company can be. Needless to say, when you start a business in the UAE, it is just a must-have document.

Despite the fact that business processes are pretty much the same throughout the world, it is noteworthy to highlight that UAE laws and regulations differ from European ones.

Business plan made by our experienced consultants who are well aware of Emirates legislation, is an additional attribute of your successful business start up in UAE.

The business plan contains goals and business objectives, methods and steps to achieve them. Projected income and upcoming expenditures are also taken into account. We can say that it is a detailed project of a future, but not yet existing company. All financial calculations, forecasts, options (including tax burden), trial balance, possible risks evaluation and measures to prevent them are also included. While carrying out a business in a foreign country, local peculiarities and possible complications of a particular business activity are additionally studied and taken into account.

A business plan gives you the following benefits and helps you to: 

• to attract potential investors;
• to calculate profitability and possible shortcomings;
• to evaluate pros and cons of this  business idea;

Therefore, well-written business plan is a huge leap to moneymaking business venture.

Once your company is set up and registered, a business plan will promote effective management, since all the dangerous issues have been resolved. i.e. owners are informed about possible pitfalls; expenses are planned and budgeted, all the steps are considered.