We continuously idolize and applaud those who excel in the world of entrepreneurship, but rarely do we ask ourselves: how did they get there? The reason is that most of the time they’ve been through a huge amount of effort, stress, and even depression. But why is it such a challenging task to build a…
Women’s empowerment has taken center stage in 2014 as more businesses, societies, and countries engage in women’s entrepreneurship. They gradually understand what institutions from the World Bank to Coca-Cola already know: that women are crucial to economic development around the globe. Women are now as apt as men to consider the business prospects surrounding them.…
It is the law of existence that over time all changes. Wise people are those who forecast, plan, and respond to the situation. Entrepreneurship is no different from that. The world has made a rapid change, particularly in the last 50 years, and so is the sense of entrepreneurship. What founders thought today will be…
First impressions stay. The first time you see something, whether it’s food and drink, music, a location or a person, you can decide how you feel about it. When you struggle to build a retail place for your small company, what you do to make a reputation will have a huge effect on success. It’s…
In the UAE, liquidation, winding up, and dissolution are used as synonyms because it’s just about one and the same process when you hear one word or another. Depending on the form of firm, liquidation can be carried out in compliance with either the Commercial Companies Legislation applicable to mainland companies, the Free Zone Laws…
The Value Added Tax (VAT) was implemented recently in the UAE. It is a tax charged on the use at each point of sale of the goods or services consumed. It is known to be an informal type of tax imposed by approximately 180 countries worldwide. The VAT percentage is originally maintained at 5% on…
