Category: Business Ideas

People enjoy something that really excites them. The future is digital and the entrepreneurs are growing without a limit. Running a business with comfort and safety in your home enjoys a healthy work-life balance. The Internet helped many people around the world to find their own living. It served many in which home business ideas turned into reality and this was a dream come true moment for many aspiring people.

As per a new report by Kearney Middle East, e-commerce in the Gulf region will grow from USD 29 billion in 2021 to USD 50 billion by the end of 2025.

The possibilities are endless from selling handmade crafts online to managing a dropshipping business. If you are planning to set up your own home business in Dubai, here are 5 ideas you can explore:

E-commerce: A BOOMING SOLUTION BORN WHEN PANDEMIC SPREAD

We said, the future is digital and yes E-commerce is a rapidly growing sector in the UAE. Even an individual sitting at home started earning online in many ways. The pandemic ruined many lives and at the same time, it created a world where people started creating their own jobs for their survival. And the most exciting part is that there exists a huge competition where, it has seen a spike in website traffic mainly in the sectors like retail (groceries), healthcare, food, and entertainment, mostly driven by the global pandemic.

E-commerce is one of the best options to be taken for making money from your home itself. You can sell your products or services online with an

e-commerce business. You can also offer the products and services of another supplier via affiliate marketing or drop shipping.

If you are interested in getting started, you will need the following: a website, domain name, web hosting service, merchant services provider to accept payments (if needed), and a marketing strategy to promote your business online.

Social media consultancy: WE CONNECT AND SHARE

Now, imagining a world without Social Media is quite challenging though Social media has become a crucial part of doing business. Having an online presence is one of the best successes in this world. Each business and every brand has realized the importance of having an online presence. There raised a personal connection with their target audience. A strong professional team is required in developing a social media strategy and for executing it, and many businesses assist an in-house team in handling their social media channels.

If you have significant experience in social media marketing, consider becoming a specialist or a consultant.

How can you make a living as a social media consultant?

Nothing can step you back. If you have a proper focus you can easily get the targeted audience. You must build an audience for yourself before offering your services to others. Your social media profile and reach should exhibit or show what you can do for your clients.

The first thing is to determine your targeted audience and then build an online presence in that community and build meaningful connections with your audience. Shape and Put together brilliant social media strategies, results- driven social advertising campaigns, and deliver engaging social media content to cultivate authentic relationships with the right users. With these, you can build a name for yourself and win the trust of businesses.

Graphic design: UNIQUE DESIGN IS FOR A GOOD BUSINESS

Without brand identity, a business finds it tough to survive. Every business needs a brand identity that helps them stand out. This is where graphic design comes in and helps businesses that want to boost their brand awareness and memorability among their targeted audience.

Uniqueness and perfect style differs among the brands where every brand wishes to establish their own unique tone and style to differentiate themselves from their competitors and get their target audience to connect better with them. The importance of graphic designing is still a striking thing to all. With the progress of Digital, it becomes an important factor among entrepreneurs. If you have the creativity and skill that can artistically bring branding concepts to life, then organizing a graphic design business is the right choice for you without doubts.

As a result of startups started growing in Dubai, there are wide opportunities for graphic designers to showcase their talent and make a mark in the industry which will be much effective for a businessman.

Web design: BUILD YOUR TRAFFIC AND THEN CONVERT

Website is the place where Traffic plays a role in an effective business. Hence website is a must thing which each brand or entrepreneur should have. Having a website has become a necessity for businesses to survive today. It is the online representation of their company, where potential customers first search or check when looking for a product or service provider. A customer can get the maximum results from a website that can either be converted into a lead or sale.

The first impression of a company based on its website is which businesses need to invest in an attractive and smart website that gives users a great experience while looking for their needs. As a result, there is always a strong demand for skilled web designers across the world.

There are many online tools to build and design a website. Business owners can use this to build their own, but most commonly a professional expert will give excellent results. The expertise of professional web designers will rank higher than an individual to get the perfect traffic and they will get excellent results.

As a web designer, you will work with business owners where you create the look and feel of their website. You will discuss layouts and themes, as well as create mock-ups of the website. You also need to stay updated with the latest software, design trends, and principles to offer your clients the best possible designs.

Online coaching: THE FUTURE IS DIGITAL

Everything is Online and know that it has become easier to share your knowledge or expertise via online platforms such as social media. Pandemic put down the entire field to a great worry but the digital world equipped higher with its features like online coaching or tutoring in your preferred industry. You can build your online coaching business in fields such as fitness, nutrition or cooking, etc.

Global pandemic awakens everything to be through online. Still many business activities, educational services run through online effective coaching. Online

coaching or tutoring has been booming high in which many fitness trainers, nutritionists, and life coaches have launched their online channels and turned it into an income-generating business.

People started finding their own way to generate income through an effective online coaching platform where you can work from home and connect with clients from all over the world, so you have access to a wider audience and customer base. You need to educate yourself on the best business practices and tools to get your online coaching business off the ground like other home-based businesses.

START YOUR BUSINESS WITH US

To run a successful business, you need a brain but it is equally important that you must need experts to guide you in getting started. To set up your own home business, consult our experts  at DED Cafe and find out the business setup and trade license options available to you.

Setting up a business in the UAE is remarkably straightforward and the best option to choose. Moreover, it’s becoming increasingly attractive among entrepreneurs. Setting up your own business has never been easier but we will make you easier by giving the perfect guidance.

With oil prices stabilizing and Expo 2020 in Dubai just a year away, the

economy is firing again and the country’s non-oil sectors are enjoying a 16- month high. These, together with the famous tax and lifestyle benefits, are good reasons for looking to the UAE for your new business venture.

So how do you go about launching a new business in the UAE?

There is plenty of expert help available, but the process effectively breaks down into the following five steps.

1. Choose your business activity

The very first step is to choose your business activity. There are various business sectors thriving in the UAE and the commitment to diversify beyond the oil economy means that any new business that contributes to that strategy will be looked upon favorably. The way the UAE business landscape is arranged, however, could affect your choice of business activity.

Many of the free zones specialize in certain sectors, such as media or healthcare for example, whereas there are more activities available if set up as a mainland business. The activity and the license required will also affect the cost of setting up your business. But you can register multiple activities under one license in UAE.

Know your options on business activities

There are several sectors and zones in UAE, therefore a thorough understanding of the differences between the various free zones and/or operating as a mainland company will help you sift through options early on. Choose the correct location and consider locations with regard to international transport links and the other types of business in the area. It’s always better to locate your company close to others in the same sector.

2. Register your business name

A company always known for its names, so choosing an attractive name is often can be fun. But UAE has some strict conventions in naming, and you must be aware of this before you get carried away. Make sure you know what they are and choose a name that conforms to it.

Competition occurs in all sectors relating to business. Therefore choosing a name for your company is quite challenging. The name should be accurate by following all the rules. It will take time and effort in checking your proposed name. But with a business setup expert, you can save the time and effort who will be able to tell you if it complies before you go to register it.

The naming rules you should know

As we discussed, there are some conventions in naming that should be strictly followed. Using offensive language is forbidden in naming. Any names that refer to or include religious, sectarian, or political groups are strictly forbidden.

If you choose to name your business after a person there are also some rules to obey. The selected person must be a partner or owner of the company and their full name must be used in naming. It is restricted to use initials or abbreviations in setting a business name. Considering all these rules you can go ahead with company naming.

3. Complete your incorporation paperwork

There are some criteria for registration when you come to register your company in the UAE. It is mandatory to complete an application to register your chosen company name and activity, along with copies of shareholders’ passports. Procedures and Requirements vary between the zones you are choosing.

Mainland companies often required to meet certain capital requirements, which must be stated in a Memorandum of Association. Some free zones will require further documentation, such as a business plan or, if you already have a local sponsor, a Non-Objection Certificate (NOC) confirming that you are allowed to set up another business in the UAE.

Checking and submitting your paperwork

For ensuring your company you need to submit the required papers. For that, you must contact the Department of Economic Development of your chosen emirate to register your business activity and trade name. Then submit the required documentation. You can find links to the respective offices on the UAE government website, under Information and Services.

All these procedures take some time and effort and the paperwork can be daunting, it can be dealt with quickly and easily with the help of a business setup adviser.

Finally, you will be issued with your company license once your application has been processed. If you use a business setup adviser, they will notify you when their documents are ready to be collected.

4. Open your business bank account

A bank account is a mandatory thing to be done before trading in the UAE. You can choose any and there is a wide selection of banks including Emirates NBD,

Noor Bank, Emirates Islamic, Mashreq, RAKBANK and Ajman Bank. The one

that’s right for you will depend on your specific requirements.

How to open a UAE business bank account

For opening a bank account in UAE, It generally takes between two to four weeks. Because the bank will want to know your primary business areas, your anticipated volume of currency and total deposits, revenue levels and your main customers and suppliers. If all these are accurate you will able to open a bank account within the mentioned time.

Once your paperwork has been returned from the government you will have all the documentation you need to approach the bank of your choice. Your business setup partner can advise you on the most suitable banks for your company and help to arrange the necessary meetings.

5. Arrange your visas

The final step in your business setup is the arrangement of visas for you, your employees and their dependents. A mainland company can apply for visas without any limit. There is no limit to the number of visas a mainland company can apply for. But whereas for free zone companies, they will meet some restrictions and procedures which vary from one free zone to another.

How to secure visas for yourself and others

If you are looking to obtain visas for a spouse, child or domestic staff, such as a maid or driver, it is advisable to seek expert advice to ensure that this will be possible in your chosen location. A business setup specialist will make sure that all your applicants meet the entry criteria as well.

The application process comprises four simple stages: entry permit, status adjustment, medical fitness test and finally Emirates ID registration and visa stamping.

Ready to do business: WE WILL MAKE IT HAPPEN

After you have completed these five steps, you will be ready to start trading. Compared to other parts of the world, setting up a company in the UAE is very straightforward – ranked 25th in the world in the latest World Bank Ease of Doing Business rankings. With a reputable business setup expert in your corner, you can be ready to make the most of the burgeoning UAE economy. We provide the best professional team in serving clients across UAE.