Setting up Your Business in Dubai

Dubai has transformed itself from a local trading community into one of the most successful cities in the world. It has become an attractive destination for both tourists and businesses.

Thanks to its appeal in terms of investment incentives, the number of expatriate residents has reached the 2 million mark. Dubai remains the best place to flex your entrepreneurial muscles, set up a company, or open an offshore branch.

Last year’s Brookings Global MetroMonitor survey ranked the emirate as the fifth-highest performing metropolitan economy in the world, based on growth in GDP per capita and employment rates.

Starting Your Business in Dubai

UAE’s visionary government has always had pro-investment and pro-business policies, and has encouraged foreign investment. However, if you’re planning to register a new business in Dubai, expect some legal and bureaucratic hurdles along the way.

For start-up entrepreneurs, having a local sponsor/agent is a legal Dubai Economic Department (DED) requirement. Finding the right sponsorship/agent for your company is one of the core issues to start your business in Dubai.

Sponsorship takes charge of all the legalities and liaise with the relevant government branch, associated with your start-up. It includes planning, filling up application forms, processing requirements, finalizing legal documents, and more.

Setup Your Business in Dubai

Hiring a sponsor/agent will cost you money, but it’s worth every dollar. If it’s your first time to setup a business in Dubai, it’s best to have an expert take care of it to save both time and money.

Understand restrictions. Dubai is strict when it comes to company registration, especially with the legal requirements involved. If you have a sponsor/agent, it makes the process easier. With their help, you can instantly determine what you need, and how much you need to maximize your operation.

Finding a sponsor. Foreign investors should find a company/individual with good experience and reputation to act as their sponsor. If you want a competitive edge, pick a sponsor/agent with affiliate and contacts in the local business group.

Research and planning. It’s not recommended to go into the process blindly. The ideal action is to plan and research every opportunity for a higher probability of success. Learn all about the legal requirements involved, and ask your sponsor/agent for any clarification.

Hiring a Sponsor/Agent for your Business

Other than the free zone, local sponsorship is required in order to commence a business anywhere in Dubai. It is very important to appoint professional advisors who understand its legal framework and economic contexts.

The type of sponsor/agent you choose can make a big difference. It can give you financial benefits, quotas, and access to important government offices. The right sponsorship is also useful in getting new licenses, maximum visas, permits, and more.

Austria Business Center – Your one-stop-shop in Dubai

Let Austria Business Center take care of your start-up, so you can focus on your business. With their help, you can get valuable insights into the common pitfalls of start-ups. You can avoid queues, government bureaucracy, and evolving rules and regulations.

Austria Business Center has extensive local contacts and can provide you with instant, effortless sponsorship under our own trusted sponsors/agents. All you need to do is sit back, and wait for them to deliver the final paperwork.

Make your business set up in Dubai successful and find a sponsor/agent with a verifiable track record – Austria Business Center can help.

How to Get Entry Level Retail Jobs

The people who occupy the positions of top level managers and executives in the retail industry are those who started off at the initial levels of customer service representatives or sales representatives. Many of them started off working part time during their college education, and after completing their degree, switched to full time work in the same industry. Even though all of these executives have different stories behind their success, there is some commonality that is shared by most of them: they started off at entry level retail jobs to earn a few bucks and ended up having a career out of it.

Many people who are interested in retail jobs wonder how these executives made their way up the ladder. What you should remember is that it requires utmost dedication on your part. When starting off as sales representatives, you must contribute the maximum in improving the image of your company in the eyes of customers. After all, the success of any retail business lies in the degree of satisfaction of its customers. The entire purpose of a retail business is to ensure that its customers get exactly what they want. Just offering good quality merchandise at affordable prices is not enough in retail. You must also complement it with customer service, which involves answering all their queries and helping them find what they are looking for in the store. If you wish to progress in this field, you must dedicate yourself solely to upholding high levels of customer service.

However, satisfying customers is not the only thing you need to do in order to be successful in retail jobs. In addition to this, you need to continuously apply the skills you acquire during your time in various departments and in various positions. Learning is a key aspect of advancement in this field. While you are busy honing your skills for customer service, there are several other skills you will acquire, such as being able to ring up sales in a short period of time, troubleshooting any problems faced by the customers, maintaining your calm and patience while the customer relates their problems and bombards you with questions and lastly having highly efficient communication skills to carry out all these functions.

While working in retail jobs, the people who are actually dedicated will soon be distinguished from those who have joined the business simply to earn a few extra bucks and to take advantage of the convenience and flexibility associated with them. If you are able to develop exceptional customer service skills, you are contributing directly towards increasing the profitability of the business and the employer is most likely to keep you for a long time.

Tips for Searching for Retail Jobs Online

If you have freshly graduated from college and are looking for a job, the retail sector is a worthwhile option. Finding retail jobs has become very convenient with the widespread use of the internet. However, before searching for these jobs online, there are several factors you should take into consideration that will help ensure that your search yields positive results.

When you are searching for retail jobs online, you must perform searches several times a day. This is primarily because the retail sector is growing at a very fast pace, as a result of which numerous job openings are made available on a daily basis. Even if you live in a very small city or town, you will still witness new jobs in the retail sector every day. Performing searches over and over again automatically means that you are improving your chances of getting hired in this sector. Another factor you must keep into consideration when performing the online job search is that you should use an application or a website that produces results from numerous job sites at the same time. The advantage of this is that you get to save a great deal of time, and you also get access to a significantly larger number of job sites.

Another factor to consider when searching for retail jobs online is to know which keywords to enter. For instance, regardless of whether you want to become a cashier, stocker or a customer services representative, you should search with the keyword “retail”. This will produce all the results that are available in the retail sector currently. If, on the other hand, you are absolutely sure of the position you wish to apply for, you should search with the name of that job title. For instance, for manager level jobs, you could search for “retail manager”. The above examples demonstrate that you need to know exactly when to be specific in your search and when to perform a general search.

Once you are done with the search for retail jobs, you must examine each job listing in detail. This ensures that you do not leave out any of the details when making a final decision about which ones to apply for. You must see if the job listing suits your capabilities and requirements. For instance, if a job requires you to work overnight and you cannot do so because of other responsibilities, you should immediately filter that listing from your search. Try to focus on the listings that meet the working hours you can fulfill and the qualifications and skills you possess.

Specialty Retail POS Systems : Graphical Management Dashboard

Specialty Retail POS Systems

Specialty retailers can be found in every community regardless of how big or how small that community is. By definition, a specialty retailer sells products that are more specialized and specific items. For example, cell phone outlets or video game stores are considered to be specialty retailers. Additionally, they have more specific needs and requirements where a POS system is concerned compared to other types of retail operations. A retail chain that specializes in a particular brand of clothing may also be defined as a specialty retailer.

As a result of this growing market, specialty retail POS systems have become more popular and even necessary. The type of POS system that you purchase will depend on the demands of your everyday business operations. Do you operate a single location or are there multiple ones? Is your retail business a “mom and pop” operation or are there a number of employees that you manage? These are just a couple of the questions you will need to answer when you start searching for a POS system that best facilitates the daily needs of your business.Home > Retail Industries > Specialty Retail

Solution Brochure

Specialty Retail POS Software
The Radiant Retail Solution for Specialty Retailers

Specialty Retail POS Systems CounterPoint is customizable, allowing you to configure the software to fit the needs of your business. Our local support teams can tailor your solution how ever you see fit. Our portfolio of clients is diverse, including battery stores, apparel retailers, franchises, zoos and aquariums, universities, museums and coffee shops.The Radiant Retail Solution helps thousands of retailers of all sizes maximize their profit opportunity with a solution that is both innovative and time-tested.

CounterPoint includes a robust inventory management system, touchscreen point of sale (POS) ticket entry, built-in customer loyalty programs, automated purchasing and impressive reporting capabilities. Instant inventory updates let you know what’s in stock, on order, and in transit. Track your customers, control your purchasing, retain detailed sales history, or open an online store-CounterPoint includes everything you need to streamline your business and boost your bottom line. CounterPoint has all the features you need to efficiently and effectively operate your business at its fullest potential.

Features beneficial to Specialty Retailers:

* Three dimensional grid for inventory, ordering, and reporting in color/size/width
* Kits at point of sale for bundling items
* Graphical management dashboard
* Quick Reports-Create custom views of what you want to see, and how you want to view it. Add that View to a button in the POS for future reference
* Print admission tickets at the point of sale
* Manage sales, returns, orders, special orders, backorders, and layaways on the same ticket
* Track customers’ favorite colors, size, etc. with user-defined profile fields
* Suggest items, substitute items and link Items
* Robust Multi-store capabilities. Easily view and transfer items from store to store, while each store data is synchronized across multiple sites
* View your history from any point in time-6 months, 12 months, 2 years, or 20 years.
* Integrated credit. Radiant hardware builds in the credit card swipe directly on the terminal. Eliminating EOD transaction reconciliation and double-entry
* Open-database enables you to easily pull your information out of CounterPoint into other programs such as Microsoft Excel or Adobe Acrobat
* Wireless Inventory Scanning-With inventory management, handhelds are instrumental in streamlining receiving, counting, ordering, and audits
* Modern touchscreen interface allows you to train employees in 30 minutes
* Enhanced Security features

A specialty retail POS system can provide you with certain advantages that you normally don’t encounter with the traditional cash register and checkout operations such as:

o real-time visibility of the operation whether it is one location or multiple locations
o detailed information about your customers, inventory, and sales
o customer service applications

Additionally, if you have a larger business, the demands will be greater and a more advanced specialty retail POS system may be a wise choice. The key is to investigate the POS systems and the companies that sell them as thoroughly as possible in order to find the best quality at the best price. Naturally, if you have budget concerns or restraints you will have to really fine tune your search.

Here are some additional considerations to be aware of where installing a specialty retail POS system is concerned. Look for a system that:

o can enhance your customer service levels and can increase your sales using customer loyalty programs, promotional messaging, and suggestive selling
o optimize your inventory so that you have the right products available to your customers when they need them using critical merchandise allocation and planning applications
o reduce the training time of new employees so that they can deliver attentive and responsive customer service
o is easy to install, easy to learn, and easy to learn
o analyze and identify your customer purchasing trends as well as new opportunities in the market
o perform extensive searches for new items that will broaden your inventory

Another suggestion is to search for a specialty retail POS system company that has a physical location, not just a website. You want to be assured that they are available whenever you need them.

UAE Business Set-Up– From Licensing to Operations

United Arab Emirates are growing faster than any major developed economy. It is said that within year 2014 to 2020, annualized growth rates is expected to be 5.5 percent. More so, the population of expats is expected to expand.

The country also provides better opportunities than mature markets. There are no currency controls, and there is exposure to the GCC market.

Business Setup in Dubai

Planning to register a new business firm in United Arab Emirates? Then, be ready for some legal and bureaucratic hurdles along the way. The procedures, time and cost involved in setting up a company can be an overwhelming task.

Entrepreneurs need to go to the Department of Economic Development (DED), which is the government agency responsible for issuing business licenses for Dubai. The department operates from several locations delivering the licensing services.

But – there’s a way for entrepreneurs to make the process easier.

Austria Business Center can help businesses take all the hassle and stress out of the licensing process. Austria Business Center can navigate through the legalities of start-ups, whether it’s a small company or a large corporate enterprise.

Licensing Process

Here’s a glimpse on the procedures of setting up a business in Dubai.

Entrepreneurs have to reserve a company name, and apply for registration at the Department of Economic Development (DED). The process entails obtaining preliminary approvals from the Licensing Section of DED on the business activities, trade name, and identity of partners.

Next, entrepreneurs have to notarize the company’s Memorandum of Association at, through the Dubai Courts wherein his lawyer must get a preliminary approval from the notary beforehand.
Provided the trade license is obtained and the fees are paid, entrepreneurs should go to the Ministry of Labor to apply for an establishment card.

If a new company has native workers, they must be registered with the Ministry of Labor. The registration process also requires the submission of their updated salary certificates or labor contracts.

The process can take days, which means your newly formed company won’t be able to begin its operations. Of course, you won’t be able to avoid queues, government bureaucracy, and evolving rules and regulations.

That’s where Austria Business Center can help.

One Stop-Shop Solution through Austria Business Center

Get valuable insights into the common pitfalls of start-ups. Now, you don’t have to wait in line or wait for days to get answers.

With a highly professional team of experts, Austria Business Center can take care of the above mentioned aspects, so you can focus on your business instead.

With their years of expertise, and strong relationships with the relevant government authorities, ABC can have you legally ready to work within hours.

They negotiate and complete all necessary legal paperwork
> They can handle and issue Dubai Economic Department (DED) licenses
> Expect a rapid business set up
> Setting up your company will be convenient, without all the lengthy procedures. You can rely on ABC’s legal advisors to oversee everything that needs to be done.

The Concept of Retail Marketing

In the growing market, retail marketing has become one of the major emerging trends in the entire economical cycle. It is the retail market only which provides the consumer a basic platform to encounter with goods and a shop keeper for the first time. Retail market consists of a fixed location like boutique, store, departmental store etc, here in these location consumers meets the shop keeper and purchase goods in return of certain value. Maintaining a certain profit margin, these shop keepers sell goods to their consumers. The basic motive of these shopkeepers is to satisfy the consumers and fulfill their needs and demands.

Retail marketing strategy has become one of the basic elements of marketing strategy which includes a lot of planning and proper execution of this planning. Now let us first focus on the basic nature of retail. Firstly in retail, a marketer needs to focus primarily on the needs and desires of the customers.

Retail marketing even focuses on satisfying the customers, maintaining a proper profit margin for the owner of the goods. Customer needs are the basic key factors of retail. Retail marketing consists of 5 basic pillars, first is saving the precious time of the customers. Second is setting the right prices of the goods, third is creating a proper connection with the emotions of the customers, fourth pillar is paying the right respect to the customers and lastly solving the problems of the customer is another pillar of retail.

Creating customer loyalty is the basic function of retail, as once you create customer loyalty towards your brand it will be easier for you to stay in the market for a longer period of time. Creating customer loyalty is not a very easy task, as it takes years for a brand to create customer loyalty.

You can only create customer loyalty if you have a retail marketing plan, some of such marketing plans are the sales promotional activities like loyalty cards, loyalty one, gifts, coupons, special discounts and reward program.

Reward program includes special gifts on purchase of bulk goods and loyalty cards are special privileged cards which are offered to customers in order to provide them huge discounts and free gifts. These sorts of special sales promotional activities not only increase the sales target but at the same time increase customer loyalty also.

With so many new sales promotional programs promoted by the retail marketing strategies, now it is possible to create a healthy relationship with the customers. Previously creating emotional bonding with the customers was not taken into consideration, and thus customers were only treated as customers who were just supposed to pay the price of the goods. Thus, this resulted in lower customer loyalty and it gave rise to huge number of product switching.

Previously customers used to shift to other brands very easily as there did not exist any brand loyalty. But now with the extensive features of retail marketing, it has become easier for the company not only to capture a huge market but at the same time create a strong bonding with the customers. Thus, this sort of marketing strategy did not only ignite the sales target and profits but at the same time increased the brand loyalty.

Business By Referral

There are various businesses running in this world at the present moment to sustain all the individuals on this planet. These businesses are of different kinds and nature according to the way they are managed and run. Some business houses may be owned, run and managed by a single individual. In that case, it usually becomes tough and the entire family comes to the support in such business houses. Then, the workload is divided accordingly.There are other business houses that are managed and run by commercial houses and factories. They have special skilled staff to manage and run the business. All the individuals contributing to the business are4 paid according to their level of skill and expertise. All of them have their part and are paid accordingly for their individual needs and purposes.

Business Network Groups

There are other businesses that work on the basis of referral provided by the customers of the product. Thus, the customers of the product, if fully satisfied with the product and other business terms, may join the ever-increasing team of the promoters who are also engaged in selling the product with which they have been satisfied previously. Forming such a deep customer relation with the customers is not a simple and easy task. Only the customers who have been satisfied previously with the company and its products as well as services take care of engaging themselves with their further promotions by selling it forming new customers.

Business Networking Colorado

These businesses that run on the basis of referrals need to satisfy each of the customers, for the business to run properly and bring fruit to the actual business owners.The satisfied customers only then take pains of promoting the company further and reaching to further new clients and customers. Only the satisfied custoomers then take charge of promoting the product further generating new customers for their own benefit. Each seller earns some profit by earning comission for each piece that is sold ultimately generating profit for the company, enriching business ultimately for the company’s benefit.

Business Networking Events

The business Networking Events are especially useful for these businesses that work by referrals as the customers when impressed by a product and fully satisfied only move ahead to promote it further.The profit earned by an individual customer on further promoting the product gives the customer only a small sense of satisfaction.Thus, generation of profits in this business that works by referrals is a very tough task that cannot be done simply by the easy-going people.For businesses that run on this activity wholly and solely, the businesspersons have to stay fully updated at all times and in touch with the latest techniques and technologies used by a consumer and is beneficial to them too.

They can form a business networking group of customers. Such groups are formed by customers who purchase the service or product at one particular time to keep each other posted of its usage and quality issues that can be faced by any of them. The formation of a special business group gives all of them a unique platform for the discussion of things related to the product. The customers can raise their satisfaction with the product and recommend it to others also, indirectly leading to their own profit in the form of small earnings they get on selling the products or services. All the profit earned by individual sellers by selling that product ultimately adds to the company’s profit margin and increases its name as the products gain visibility in the local markets and shops.

The product company has a choice to make regarding selling of the product as they can choose to sell it on the usual commonly available wholesale or retail or choose a better option which provides a business opportunity to their clients and customers as well by allowing them a share in the profits of the company by advertising and selling the product to further customers and increasing the customer base of the company’s products eventually. This can lead to marginal increase in sales of the product adding to the company’s profits immensely.

Find the best funding aid for your home-based business

Internet has brought the market and its customers closer to you. You don’t have to go to a physical market and display your products over there to promote it. You can directly do it in the internet. In fact, you can do any kind of business from anywhere provided you have the right idea and the investment. If you are going for a home-based business, all you need is the best funding solution that can satiate all your production and promotion needs. Home-based businesses are great to start with these days. You can easily initiate it, do not need an office, and requires a very little investment. One single point of concern here is the quality of your idea. If that is perfect, it won’t take a second in finding the right funding source for your project.

Business startup grants

A private startup grant is the best source of funding for your business. While other organizations basically focus on your financial health and credit score to provide you the necessary loan, these grants are interested in the nature of your project. If they see that your idea has the probability to reap benefits in future, the funding will be easily provided to you. Credit score and other financial constraints play a very little role in this section and it is you creativity and capability that makes you fit to receive the loan amount.

Government grants

Other option can be government based grant houses that also work on the same ideology. Even though they are supposed to help out new and young entrepreneur by listening to their project and supporting them financially, what they do is something different. These grants have slowly taken the shape of government lending organization where getting a loan sometimes becomes the thing next to impossible. But, considering the fact that not all government grants are like that, you can try your luck with them as well.

Whenever it comes to home-based businesses, the overall cost offsetting up the business becomes almost fifty percent less than what it would have cost. However, a small business startup might not necessarily require a little investment always. It depends on the type of product or service you are going to supply. Therefore, you must try to find a grant that is not only okay with funding smaller amounts, but is equally minded when it comes to providing a bigger amount of loan to the candidate.

If you are in search of the best small business advice, or in desperate need of money to setup your home-based business, the private small business startup grants are the answer to your question. There are hundreds of hassle-free resources you can find in the internet that can take care of your home-based business in a great way. They will help you with every kind of funding solution you are looking for and will help you in achieving your dream in the best way.

Danish Retail Chains: Are They Taking Advantage of Multi-channel Retail?

Looks like the Danish retail chains are not yet taking advantage of the multi-channel marketing. The advancement in technology has brought forth e-commerce into the picture and conducting business on the online platform has become interestingly very easy and convenient. Multi-channel retail offers a wide range of channels through which the products and services are made accessible to the public at large.

Multi-channel retail then refers to reaching out to the customers through cross channel integration in service, information and management in a systematized and consistent manner. The growth or success of the multi-channel retail totally depends in the hands of the consumer. Consumer of today is a more informed person and hence is capable of taking more informed decisions. Before making any big purchase, he is using a minimum of two to three channels while shopping. Another basic advantage that comes with multi-channel retail is that of the strategic competitive advantage that it has over the other retail outlets.

When the retail outlets can have these and many more other advantages like establishing consumer loyalty and brand images, it is an opportune moment for the Danish retail chains to go in for multi-channel retail. The main reason as to why multi-channel retail and e-commerce are recommended for Danish retail outlets is that they can benefit both from organizational perspective as well as customer related perspective.

As far as the retail outlet is concerned, they could garner more growth and revenue opportunities. There is an increased interaction with the customer and leads to a better customer loyalty through this interaction. Customers too have an advantage with multi-channel marketing as they can choose their channel according to their convenience.

Though there may be a few challenges when trying to switch over to the multi-channel retail system, the thought of going more open and accessible to the consumer at large is what makes the entire multi-channel marketing very appealing to the retail chains. Older the retail outlet, more challenges they are going to face for the transition and vice versa. Therefore, with multi-channel one requires to integrate the disparate systems and technologies that the change brings along with it.

Some of the renowned New Zealand’s business experts

There are many of the business experts in New Zealand who with their affordable and practical source of business have reduced the gap in the market. To enhance the mobility of the business in New Zealand there are some of the companies with some renowned experts who try to motivate the business owners with some kind of professional help.
Needs covered by the Business experts
There are some of the export consultants in Auckland who cover up many needs which are required in the business and some of the needs are:
* These experts try to achieve the longer term growth aspirations of the clients and try to troubleshoot all kinds of roadblock issues.
* The experts help to understand the clients how to save money and time.
* The experts try to keep the things simple and help the clients in all the possible ways it can.
Things delivered by the business experts
There are certain things which the business experts deliver to the clients which include:
* Through the leadership, management and hands-on business consultancy the experts provide some kind of business coaching manuals to the clients.
* The immediate worries of the clients are fixed properly and diagnosed in order to enhance their business opportunities.
* The delivery of the programs which improve the health of the clients with some of the pro-active work culture.
Business plan consulting company in Auckland
A consulting company in Auckland is always known for their business coaching and consultancy services and the services cover all the essential facets of the business. Some of the Auckland consultancy services include:
* Microsoft Office applications and Project Management.
* Human Resources and Employment Relations.
* A complete cover of leadership, management and strategy.
* Marketing, sales and Financial Management
The experts provide professional services with a sensible blend of business coaching and consultancy. The experts take appropriate action when they understand and address the needs of the clients and help significantly to execute the business plan successfully.
The benefits gained by clients
Some of the benefits which are gained by the clients from the business experts include:
* Improve the repeat business and enhance the customer value for the clients.
* Significant growth in profitability and sales.
* Competitive advantage which is increased to the maximum amount.
* Conducive to sustained growth and reduced risk in the business.
* High integration and improved business focus.