Setting up a new business or company in Dubai requires proper guidance that helps reduce the burden. Investors who want to launch their operations in Dubai should seek support from a business consultant to handle complex issues. However, not all business consultants are the same and clients should consider certain things when they want to select the best consultant in Dubai. Working with a professional consultant provides methods to ensure smooth operations. Moreover, entrepreneurs and corporates can plan their operations in Dubai easily which provides ways to generate high revenues and profits.
Things to consider when selecting the best consultants in Dubai
1. Wide range of knowledge and expertise
Business consultants in Dubai should have a wide range of knowledge about the company or business formation. They should handle complications and glitches while offering services to clients. A one-size- fits all approach doesn’t suit all clients and consultants should have a deeper understanding of local markets and other things. The consultant should look at the issues from different angles and provide solutions for them with the best approaches and ideas.
2. Entrepreneurship experience
Entrepreneurship requires more skills because it involves several things. Most business consultants are well aware of the problems of an organization when it wants to launch operations in Dubai markets. They specialize in a variety of skills such as human resources, finance, administration, market strategies, etc. In most cases, they develop an all-around view of the problem after evaluating the markets.
3. Good interpersonal and communication skills
A consultant should have good interpersonal and communication skills. Clients should make sure that consultants are well-versed in Arabic and English languages. Since consultants represent clients, they should listen to the problems faced by new entrepreneurs. Apart from this, they should maintain transparency while communicating with clients and government authorities.
4. Good understanding of the UAE markets
Business consultants should have a good understanding of the UAE markets such as present trends, competition, business environment, and challenges. Moreover, they should know other things involved in a company set up to plan operations accordingly. Some of them include legal formalities, licensing requirements, document processing, visa renewal, bank account opening, etc. It is wise to work with a consultant who has a wide knowledge of the local markets in Dubai.
5. Business network
Clients should check whether a business consultant has a good network of contacts in Dubai when working with them. They should evaluate them properly which help make informed decisions. Evaluating the network of a consultant allows investors to know their capability and expertise in different sectors. Another thing is that it provides methods to get a better picture of know-how easily.
6. Strategic government partnership
A business consultant or consultancy in Dubai should have established liaisons with the UAE government. Some of them include FDI, RERA, DED, DLD, DHA, DTCM, etc. In most cases, a business consultant will offer a one-stop service for clients when they want to set up their company. A consultancy will assess the requirements of investors with dedicated teams that provide the best advice to them.
7. Searching the best locations
A business service provider should search for the best locations for a business when it wants to launch operations in Dubai. Start-ups and corporates should make sure that a location has a significant impact on business growth. They should pick the right site which fits an industry and offers the best development opportunities. Investors should evaluate important factors such as logistics, operations, finances, environment, and connectivity when picking a location.
8. Clear business goals and KPIs
A business consultant should define clear goals to ensure smooth operations. Investors should have a rapport with a consultant to track the progress after determining the actual performance of a business. They should also consider setting predetermining goals and objectives in the company formation process. A business service provider will utilize the KPI tools to determine the goals and other things which fit the market operations.
9. Excellent track record
Investors should work with a business consultant who has an excellent track record. They should evaluate the past performance of consultants and the number of start-ups they have worked with in Dubai markets. Besides that, clients should know the success rates of a consultant before establishing a business in Dubai.
10. Document processing with high accuracy
A consultant should process the documents of clients when they want to launch their operations in Dubai. Investors should make sure that consultants have a wide knowledge of documentation while setting up a business in Dubai to avoid unwanted risks. A business consultancy will follow the best practices in the documentation process with the latest technologies to submit them on time. It even shows ways to renew the license and visas with highly qualified teams.
11. Types of service packages
Investors should know the types of service packages offered by a consultant in Dubai before hiring services. This is because they may vary from one business service provider to another business service provider. Therefore, clients should consider comparing them online that help select services at estimated costs. Moreover, they should know the types of services offered by a package with more attention.
12. Understanding of legal matters including laws
Investors should comply with legal formalities including employment laws when it comes to a business setup in Dubai to avoid fines and penalties. A business consultant should have a strong understanding of Dubai laws because they are very strict. Working with an expert consultant lets clients understand them in detail including the latest updates. It becomes easy to know the rules and regulations involved in the business setup process while working with a consultant.
13. Reviews
Clients should read reviews of business consultants in Dubai online before forming a company. This is because they provide ways to gain more ideas about them easily that help proceed further. A business consultant should have a valid permit and certification and investors should check the same properly. Also, seeking advice from a consultant allows clients to handle complications in business formation.