Initiative offers timely advice for setting up business, exploration of new market and investment opportunities
Dubai, UAE: Dubai Chamber of Commerce & Industry has initiated a business advisory service for companies looking to expand their footprint in Dubai and to assist its members and the larger business community in managing their companies. This initiative offers one-on-one guidance to entrepreneurs and businesses timely and practical advice regarding setting up, expansion, organizational restructuring, investment opportunities and actual exploration of new potential markets in the UAE and abroad.
Dubai Chamber's Business Support Department is now providing these business advisory services including coaching, mentoring and guidance. This programme offers Advisory Basic and Advisory Plus service options to members. The Advisory Basic provides preliminary informational material, business planning tools and general guidance, while the Advisory Plus package assists in identifying business and market opportunities and specific practical guidance.
The business advisory service is not a consulting service, it offers access to a specially developed knowledgebase through templates and tools as well as information series on markets and operations including choosing a location for your business, signing a commercial lease, rating economic sectors in Dubai, a practical guide to starting a business in Dubai, franchising, writing a business plan and guidance tailored to business and credit rating services.
The advisory service is particularly useful for new firms as it provides guidance in business planning, marketing plan development and feasibility analyses as well as tools and templates to construct balance sheets, cash flow statements, budgets and income statements. For mature businesses the advisors will assist in evaluating new markets and market opportunities, including help to assess international markets and opportunities within UAE and Dubai government procurement programmes. Brand management, marketing and retailing information can also be provided for interested companies.
Dr Belaid Rettab, Senior Executive Director, Economic Research and Sustainable Business Development Sector, informed that this new advisory service comes as part of the overall Dubai Chamber efforts in promoting growth, sustainability and competitiveness in the business community.
Said Dr Belaid, "According to its mission of representing supporting and protecting the interests of the business community in Dubai, the Chamber also offers regular educational seminars, business decision-making and credit rating tools, as well as demand-driven advisory services to all its members and stakeholders."
Dubai Chamber Business Support Department's Business Advisory Services additional information
The Dubai Chamber of Commerce and Industry's Business Support Department has initiated the Business Advisory Services which assists members and non-members in starting and managing their businesses and to provide advisory support to start-ups as well as growing and mature businesses.
Basically, there are two packages on offer including the Advisory Basic and Advisory Plus service.
The Advisory Basic provides preliminary informational material, business planning tools and general guidance, while the Advisory Plus package assists in identifying business and market opportunities and specific practical guidance to help firms chart their own paths towards future success.
The Business Advisory Services provide one-on-one guidance to entrepreneurs and businesses. This is not a consulting service and it offer access to a specially developed knowledgebase, guidance tailored to your business, as well as a menu of market surveillance and credit rating services.
It also offers business, marketing and strategy plan templates, as well as tools for business and financial analyses. Informational materials, such as Dubai Market Insights, Dubai Business Focus Newsletter and the Dubai Business Advisor are available to Advisory Services clients.
The Business Advisory Outputs include many templates and tools such as:
- Checklist of Industry Analysis
- Structure of Sound Formula for Assessing Return on Assets
- Business Performance Indicators Checklist
- Profit & Loss
- Competitor Analysis
- Financial Tools
- SWOT Analysis Template
- Business Plan Template
- Marketing Plan Template
- Ratio Financial Statement Analysis
Dubai Business Advisor Information Series on Markets & Operations includes:
- Choosing a Location for Your Business
- Signing a Commercial Lease
- Rating Economic Sectors in Dubai
- Starting a Business in Dubai: A Practical Guide
- Guide to Franchising
- Writing a Business Plan (Operations)
- Coaching, mentoring, guidance
- Assistance with interpretation of templates & tools
- Guides on:
- Sales Service Success Guide
- Business Models Guide
- Business Plan Guide
- How to Conduct a Feasibility Study Guide
- Marketing Plan Guide
Price list
Advisory Basic: General consultation session
- Members FREE introductory session (up to 3 hours). AED 150 per subsequent session
- Non-members AED 250 per session (up to 3 hours)
Advisory Plus: Multi- session tailor-made consultation
- Members AED 750 (up to 3 sessions)
- Non-members AED 1,500 (up to 3 sessions)
Contact person
The contact person or business services advisor at Dubai Chamber's Business Support Department is Mr. George Hazapis /
George, who is a MBA/MA, has served as a Teaching Fellow in Strategic Management at Athens Information Technology (AIT), teaching in the MBIT program. He holds an MBA in Business Administration from Marymount University with a focus in Finance and Merger and Acquisitions and an MA in International Affairs with a concentration in International Political Economy from the American University where he studied with a School of International Service Graduate Fellowship. He brings several years of intensive experience in academia, corporate training and the consulting industry. In his current position, he writes guides, develops business support tools for businesses and offers business advisory services.
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Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment, supporting the development of business, and by promoting Dubai as an international business hub.
© Press Release 2010
