Thursday 27 October 2016

Role of Consultancy Firms in Business Establishment

Successful businesses are founded on timely decisions and well executed planning. Time is money not only for businesses but for a common man as well. This is the only asset that can never get refunded on any cost. Therefore it is to be used with caution and precision. Businesses think a great deal before entering a new plan. C.E.Os carry out reports before deciding whether to invest in a venture or not.These reports are called feasibility reports. A feasibility report by definition is one that has a detailed analysis of a proposed business idea. It covers all the aspects from manufacturing till supply chain and marketing. It also sheds lights on the required finances, the means to obtain them and pros and cons of the idea.

Dubai has a growing ratio of business investments being done by western and other companies.
However in case of business setup in UAE, these investors will not hold the majority rights to the
business. They are only allowed to fully own a company if it is situated on a free zone in U.A.E. Global integrated services is a management consultancy firm which helps organizations with business plans and feasibility studies in UAE. They also offer several other business related services to their clients.The purpose behind offering these services is to provide them ease with business set up in any part of U.A.E. Also by hiring a consultancy firm, these businesses will actually save their time. The laws in U.A.E are strict and businesses have to adhere by them. So is the case with laying foundations of any business.Therefore GIS helps them with that. This way businesses are able to invest their time and energy on the functioning aspects of their work while GIS will carry out all the activities that are necessary in order to begin their work.

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