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Posted on: 12 Mar 2019

Information

  • City:
    Dubai


  • Description

    While survival in the UAE market has seen hits and misses, entry into the market itself is an entirely different story.

    Start-ups have to strategize according to their target consumers and plan their financials to meet the operational expenditures. Research conducted through research articles or published papers, with the target audience and interviews with the competitors provides the market scenario that can be used to assess the potential, the viability or practicability of a new business. This also provides the necessary steps to determine whether a business idea is likely to succeed, or in business terms, if a business is feasible or not.

    A few tips to consider for a Start-up;

    Conduct A Market Research
    • Conduct a Market Analysis
    • Consumer Analysis
    • Location Analysis
    • Supply Chain Management
    • Competitive Landscape
    • Future Marketing and Advertising Strategies
    • Organizational Structure

    Plan Your Financials
    • Make your Assumptions
    • Inflow & Outflow Analysis
    • Capital Expenditure (CAPEX)
    • Operational Expenditure (OPEX)
    • Profit & Loss
    • Balance Sheet
    • Break-even Analysis

    A Market Research & Feasibility Study to forecast your actions and financials ensures higher growth potential.

    To hear more about our business success stories with turnovers of millions in a span of two years, feel free to drop an email to shikha.syal@adamglobal.com or contact +971 52 961 2734.


    0545252872

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