Checklist Before Hiring Business Setup Consultants in the UAE

Newcomers often lack resources such as knowledge, expertise and marketing knowledge that is required to successfully run a business in the UAE.  This is where the business consultants are required.   They provide valuable advice, strategies, and plans needed to expand the business into the market.

Hiring the right business setup consultant can be a cost-effective way for businesses to leverage specialized knowledge.  While right business consultants can help you develop effective strategies and improve the efficiency, the same is not true for wrong business consultants.  Wrong business consultants can deteriorate your business model to a huge extent.

So, how do you distinguish between the right and the wrong one? We have worked it out for you.We provided a checklist, which you should go through before hiring business consultants in the UAE.  Following this checklist will ensure that you end up hiring the right and genuine business setup consultant.

1. Experienced Team

“The only source of knowledge is experience.” said Albert Einstein.

If the business setup consultant lacks experience, then you probably would not want to hire them.  In the world of businesses, especially in Dubai, there is nothing more valuable than experience.  Hiring an experienced business consulting team can prove to be a lot beneficial for your business.  They can provide you suggestions which are directly driven from the ongoing marketing trends and past experiences.

So, make sure the business setup consultant you are planning to hire in Dubai has a reasonable amount of experience.

2. Reasonable Cost

This is one of the most important parameters you need to consider while hiring business consultants in Dubai.  It has now become very easy for people to set up a consulting firm and then charge clients any amount of their liking without considering price structure in the market.

You need to do a thorough research about the cost structure of the consulting services.  It is often possible that the other consulting firm can provide you with the same services at an effective and reasonable cost.

3. Record of Success

It is always advisable to check the consulting firm’s previous work and their rate of success.  As they say, “Actions speak louder than words.”, you should not fall for their words.  Instead, ask them to show their past work and successful endeavors.

A good and reputable business setup consultant will eagerly show you their work.  Besides this, you can also learn about their past work on the internet like social media, reviews, Google My Business reviews, etc.  Researching thoroughly about this is always worth it and it can have positive consequences on your business.

4. Define the Outcome

Talking about what you expect from them precisely is a healthy professional practice.  You should very clearly define your goals to them and ask them if they can help you achieve your predetermined business goals.

You should also set some Key Performance Indicators (KPI) for them.  Setting KPIs is essential to gauge their performance over time and will also enable you to check whether they are moving towards the end goal or not.  Key performance indicators depend on the type of your business and a good consulting firm can also help you set them.

5. Prepare an Agreement

This is another aspect you should not ignore.  You should prepare an agreement and define all aspects right at the outset.  An agreement may contain details about cost structure, end goals, key performance indicators, deadlines of the tasks, and etc.

Reputable business setup consultant should already have a draft agreement or you can prepare it yourself taking them on board.

Hiring a good consulting firm does have a lot of positive effects on your business and can help you expand your business into new markets.  If you need any further assistance then we at, Connect Company House, are always ready to help you. Contact us now.