Investor friendly city:
The city of Dubai has always been known as an investor friendly city. That’s the reason more and more investors from all over the world are coming to this beautiful city to start their businesses. The rules and formalities to start a firm in this colorful city are also made easy. The main reason it has become a cosmopolitan city in the gulf region is that it has implemented investment friendly measures to catch more and more of it.
Effective measures needed to eliminate risks:
The main reason to start a business is to earn high profits. But what if after spending so much money you still don’t get enough returns? Although risks involved in the businesses that run in this city are minimal, but still you got to take effective measures to eliminate all the risk factors. There are a lot of fields in which investment can be very profitable.
Small businesses:
Best option:
According to experts small company setup Dubai is ideal if someone is investing money for the first time. Because it will not only allow you to expand your business afterwards but will also give you idea of the market. Below is a list of some profitable small businesses that you can start by investing small amount of money.
Oil and gas:
By the name of it, it doesn’t seem like a small business. But actually you can invest in this highly profitable business with low budget. Although it has been exploited a lot in the yester years and the trends have changed from oil and gas sector but still there is lot of profits to be availed from this sector. New small businesses can start from scratch or partnering with medium sized companies.
Food stalls:
Food and beverages can thrive any part of the world. The percentage of profits is very high in this field of investment. We all know every day new job seekers, investors and visitors go to UAE so food and snacks of any kind can be a profitable business if set in a suitable location like malls, industrial areas or any busy area of the city.
Dresses and apparels:
This city has always been a big market for dresses and apparels. People from all over the world whether visitors or residents buy large number of dresses from here. So setting a small boutique or store of regional and western apparels can turn out to be a profitable business.
Art and crafts store:
The demand of handmade and machine made crafts is always high in the Arab countries. if you have skills and a crafty mind surely you can succeed in earning high profits as western people are more interested in the arts and crafts. This business can be started with very low budget by making all the crafty things at home and selling it from your own store or delivering it to others.
Travel agency:
Starting a travel agency needs just a little revenue with some experience and off you go. As we all know thousands of people travel to and from this city every day. So being a travel agent can make you millionaire.
Homemade cuisines:
We know a vast majority of people are outsiders in the UAE so sometimes they get tired of hotel foods. So they rather prioritize homemade food if available. Lot of women who love to cook are earning handsome amounts by homemade foods, but before starting home based cooking you need to inform and get permission from the local authorities.
E-commerce site:
If you have some computer skills and know how to market things than surely can learn a lot of money through e-commerce. E-commerce company setup Dubai is growing rapidly and very costly in the city of sparkling lights. As lots of people don’t want to go the crowded places and just want to buy from the ease of their home, e-commerce business is one of the best small businesses to start here.