Obtaining a trade license in Dubai

There are quite a few requirements in the Company Law that foreign investors who hold an interest in establishing a business in Dubai need to pay attention to. Without giving due consideration to these requirements, there is no way you will be able to establish your business. Apart from that, they should also consider the business license required for them to be able to operate their business. Choosing the license that is right for you and fulfills the requirements of your business model is extremely important. The different licenses available for foreign investors are inclusive of:

  • Industrial license
  • Professional license
  • Trade license or commercial license

A trade license is what you need

One of the most important steps to take to establish your business is to get a trade license in Dubai. The most commonly issued business permit in UAE is the trade license. Also known as the commercial license, it is meant to designate the extent of activities that a business can perform all through the UAE. For the record, this license is going to be issued by Dubai’s Department of Economic Development (DED).

If you are interested in obtaining a trade license for your company in Dubai, it is necessary for you to initially decide a trade name for your business. Next, you need to prepare a Memorandum and file it with the DED for approval purposes along with the Articles of Association and file it with the DED for initial approval. To prove the registered address of your business, it is also necessary for you to have a rental agreement with you.

Documents required to acquire a trade license

As per the experts at Crosslink.ae, companies need to submit a few documents to the Trade License and Commercial Registration departments. This is basically meant to help them acquire a trade license. A few of these documents include:

  • Original and copies of statutory company documents
  • Tenancy agreement
  • Details of all shareholders
  • DED letter with company name approval
  • Letter issued by the DED with attestation of approval for setting up the business
  • Standard application form that is duly filled out and signed by the legal representatives of the company

As long as your documents are in place, properly attested and duly filled out, there is no reason why you should face any problem as such in acquiring a trade license in Dubai. Once you acquire your trade license, getting started with the operations of your business within the Emirates should not be a problem at all for you.

Basic Sailing Skills for Newbies

Sailing is the ideal activity for people who love being at sea. If you relish in the feeling of freedom that being on a boat brings, even if you have to spend days in the middle of the vast ocean, then perhaps you should give sailing a try. Whether you can afford to buy your very own yacht, or you would like to rent a catamaran every now and then, sailing is an exhilarating marine adventure that you should definitely embark on!

Now, to get you started, here are some basic sailing skills you need to learn:

  • Read the direction of the wind – Expert sailors wind reading is actually easy, and it will come naturally once you master it. However, it can be tricky to learn. The good news? There are time-tested gadgets that can help you tell where the wind is blowing: telltales, wind vane, and the sails. You can also look out for other signs, such as smoke, flags, and other sailboats.
  • Steering the wheel – Though popularly known or called as the ship’s “wheel,” the proper term for it is actually “helm.” Similar to the steering wheel of a car, the helm controls the direction of a boat. Properly controlling the helm can take you as quickly as five minutes, or a maximum of 10. Some companies that offer yacht charters dubai also provide sailing lessons, where this is usually tackled and applied.
  • Trimming the sail – Knowing how to properly trim the sail is essential in controlling the speed, performance, and direction of a boat. Learn how to adjust the mainsail, headsail, or staysail so you know how you can optimise wind power and accordingly change your sails. When you rent a yacht in Dubai, try to experiment on different sail trims to get a feel of how they work.
  • Navigating the sea – Finding your way at sea is an essential skill, particularly if you plan on sailing alone in the near future. You can try what experts call the “eyeball navigation,” which is basically using what you see to set your sail. Every sailor must also have the basic tools of the trade: compass and navigation chart. Today, sailors can also rely on modern electronic positioning finding systems, including GPS and LORAN (long range navigation).
  • Understanding sailing jargons – What is a jib? Where is the starboard and port? Before you embark on a sailing adventure, make sure you have familiarised yourself with the basic nautical and sailing terms. This ensures that you are on the same page as other sailors, and you can follow and understand instructions easily.

 

Make Both Traditional & Digital Marketing Methods Work for You

Marketing is the process of getting consumers to notice and remember your brand and products or services. It involves a combination of strategies that are designed to attract your audience, make them realise the value of your product or service offerings, and ultimately make a purchase or enlist your services.

Marketing experts use a variety of platforms to form their message and get this across. And this is where traditional and digital marketing methods come in. Forming a marketing strategy depends on several factors, such as the niche of your business, financial resources, and the objectives of your campaign. However, marketing experts agree that businesses should leverage a mix of traditional and digital marketing methods to realise the best results.

  • Social Media – Approximately 2.34 billion people use social media networks worldwide. The number is expected to soar to nearly 3 billion by 2020, meaning about one-third of the world’s population will have social media accounts by then. Plus, using social media for marketing is extremely cost-effective – creating an account and a page is free, and you only need to pay for occasional advertisements, but the potential reach and customer engagement you can harness through social media is massive.
  • Television – TV remains to be the channel with the widest reach, though the internet is fast catching up. In 2012, TV had a potential reach of 283 million, while the internet has 211 million. However, when it comes to cost, TV advertisements are significantly more expensive, whereas the internet, as mentioned above, only requires minimal cost, even if you hire a social media manager. If you can afford it, leverage both TV and social media channels to guarantee maximum exposure for your business and brand. Make sure to align your TV and digital marketing strategy to create ripples in your industry.
  • SMS – SMS marketing Services  is considered a non-internet digital marketing strategy and is one of the most widely used channels in the world. At present, 6 billion people out of the world’s current population of 7 billion own mobile phones, making SMS marketing one of the most effective forms of marketing. With a wide reach and high response rate, it makes sense for businesses to invest in SMS marketing. Learn more about its advantages through this website.
  • E-mail – As of 2015, studies show that 1 out of 3 people across the globe have an e-mail address, and 53 percent of people worldwide check their emails via smartphones. E-mail marketing presents valuable opportunity for businesses. However, businesses should ensure their e-mail ads are not spammy as these might only end up in the Trash folder.
  • Print – Flyers, brochures, tarpaulins, and billboard ads are the most favoured types of print ads today as these generate the most responses from consumers. Flyers can especially trigger positive responses from consumers when they come with a special offer. However, the cost of print ads is significant and the returns are not accurately measurable.

 

7 Ways to Keep Track of your Business Expenses

Running a business can be stressful, no matter what size it is. But you know what is even more stressful? Making sure that you are on top of your business expenditure. This is dissuading people from starting their own business.

But you don’t have to be a math genius to be on top of your business expenses. By arming yourself with the right knowledge and discipline, tracking your business accounting can be less daunting.

  1. Set up your bank accounts

Yes, you read it right. Opening several accounts for your business can be an advantage. As the old adage goes, do not put all your eggs in one basket. Set up a bank account for savings and another one for other expenditures. You can put a percentage of your business income into the expenditures account and deposit the rest in your savings account. Be sure to activate its online settings so you can transfer money electronically if needed.

  1. Do not mix personal expenses with business

The downfall of most businesses is they use business funds for personal matters. This can cause financial instability. As much as possible, keep your hands off your business income. It will save you not only from going through a horrendous accounting mix up, but also from potential bankruptcy.

  1. Keep track of your business expenses

This can be a handful since you have to list down every business-related purchase or expense. But once you get the hang of it, it can be pretty useful to you.  You can see what purchases take up majority of your business income and you can come up with a plan to cut corners. Be diligent in reporting any expenses to your finance officer or accountant. If you are handling your business on your own, create a internal system.

  1. Invest on a good payroll system

If you have a couple of people working under you, it can pretty stressful during payday if you don’t have a payroll system. A payroll system makes it easier for you to compute and allocate the salaries of your employees and lessen human errors on computations. Get one that suits your business needs. There are free payroll software platforms that you can use if you don’t have the budget for it.

  1. Be mindful of your calendar

Some business owners pay a hefty price for forgetting the tax month. Penalties usually cost more than you think. Be sure to set reminders so you will know when to prepare your tax papers and when to pay your suppliers.

7 Hacks to Sell Items Online

The Web has become a universally available marketplace for products and services. Aside from looking for information, you can now use the internet to sell your stuff to people and reach audiences halfway around the globe. And the emergence of social media has made this even more possible at a fraction of the cost. That is why a lot of sellers are going digital and setting up their websites and products pages.

However, with competition becoming tighter, and the sheer number of sellers putting their products online, how can your products stand out from the sea of listings and product posts? If you are an online seller looking to increase your sales or a starting online vendor, these tips can help increase your selling power.

  1. Know your user’s journey

All of us have experienced ordering and purchasing stuff online, so you will know how this should work. Try to imagine yourself as a site visitor trying to purchase a product on your site. Through this you can identify the pain points on your website like having an excessive number of pages to visit or if the site speed is subpar. You should also take note if the site is mobile responsive. Most users today check online shopping sites through their mobile devices so it pays to have your website mobile-friendly.

You can make changes and improve the user journey. Once you get this right, leads will come in naturally.

  1. Be search-friendly

A lot of sellers pay no mind to search engine optimization, thinking that it is a dying industry. In reality, this online marketing service is alive and kicking. Sit down with a specialist and discuss how you can utilize SEO to increase your marketing power.

  1. Update your stocks regularly

There is nothing more annoying than finding an item you like online, and being told that it is not available. Since you’ve already fixed the site’s pain points and you are appearing on search engine pages for your target keywords, you should continue to lure customers in with your amazing products. Do not leave you customers hanging. Be sure to replenish your stocks regularly and add something new to your line of products.

  1. Make detailed but convincing product descriptions

Generic product descriptions could be the downfall of your e-commerce site. Consult a copywriter and ask how can you improve your product descriptions. You can be as detailed as possible but do not make it like they are reading a restaurant menu. Provide all the information they need but be sure it is compelling enough to persuade site visitors to buy.

  1. Make promos urgent and time-limited

Urgency makes visitors go for the “Buy Button.” If you are making a promo, lace your copy with a sense of urgency. Time and stock-limited promos can be a good bait to lure in buyers.

Dental Advancements to look forward to this 2017

Tech-related dental gadgets are continuously evolving. From crude equipment that solves basic dental problems to top-notch tools that can solve a wide-range of dental issues, the technology has evolved significantly over the years.

This 2017, take a look at what ground-breaking dental technology we will be looking forward to in the future.

  1. 3D Printing will be an important part of dentistry

3D printing has been making rounds in different industries, and it is making its way in dentistry. Old models will be replaced by lifelike models of teeth and gums. This technology will be used to explain to dental patients the procedures in detail using 3D models. There are companies that are now developing this kind of technology like the Object260 Dental Selection 3D printer.

  1. Implants will get an overhaul

The introduction of dental implants in dentistry has brought about a new era. But it does not stop there. Before, the procedure of putting dental implants takes weeks and months. But with the advancement of technology, dental patients can now have a same day dental implant procedure. Further advancements have made it easier, quicker, and simpler to apply implants as well.

  1. Intraoral cameras will be more affordable

Advancements in technology offers a lot of advantages like the lowered cost of gadgets, thus making them more available to people. In 2017, we can expect intraoral cameras to be more affordable. Aside from cameras, we can also expect more cloud-storage options for better assessments, recommendations, and reviews of dental diagnoses. Take a look at what Mouthwatch is offering, for example.

  1. Lasers will evolve

Aside from the cameras, lasers will have an overhaul, particularly dental lasers. Lasers will be used to cut hard and soft tissues to ease the procedure in periodontics. Equipment like the WaterLase iPlus 2.0 can get the job done faster and easier, making dental operations less time consuming.

  1. Service will be more efficient

Efficiency is what the cutting-edge technology solves. One advancement that many dental patients are looking forward to are the changes in materials being used in dental procedures like composite resins. With these developments, we can expect quicker dental restorations, allowing dental professionals to service more patients over a shorter period of time.

  1. Stem cell research will be an important part of dentistry

You heard it right! There are studies being conducted today on how stem cells can help repair damaged dental tissue. A study published in Nature.com discussed a discovery and production of a certain drug that mobilizes the production of stem cells to help repair damage teeth. Should this discovery become more developed, it can pave the way for other treatments.