Competition between businesses has always been high. Finding your niche and unique selling points can be difficult with so many business centres in Dubai. Looking at current successful business ideas can help inspire you when opening your own business or expanding your services. Here are 5 business ideas in Dubai that we think are bound for success:
A cloud or “ghost” kitchen is an innovative business idea that is intended to help people and companies open their food service businesses. The aim is to avoid the costs of a brick-and-mortar business when looking to expand in the foodservice industry. Cloud kitchens are built in delivery-service hotspots to allow easy access for both servers and customers. Delivery technology and app integration help to streamline businesses, allowing for business growth. We see cloud kitchens being the next big thing for startups in the restaurant world.
Having a flexible workspace is increasingly being demanded. Especially for companies setting up international branches in Dubai and the UAE, flexible workspaces with serviced facilities are a great option because it minimises time spent on office set-up. Serviced offices are also attractive because of their amenities, customizability and premium services such as IT support. Offering reliable infrastructure and a wide range of business amenities makes serviced offices an attractive offer for other businesses in Dubai.
Virtual office memberships allow companies to have a physical address in a different location and can help them with front desk service. Especially businesses that have recently had to start with having a remote workforce, a virtual office is a much cheaper way of maintaining a postal address and having customer calls handled. It also offers the possibility of a well-known or prestigious address for the company to be registered at, helping with reputation management. To the growing number of remote workers, we see virtual offices already becoming a business idea bound for success.
Shoppers across Dubai and the UAE are starting to order online more. Considering this, going into eCommerce, or transforming your business for this purpose, is a smart business move. Setting up to be an online retailer affords an endless array of scale-up opportunities. With the added option of having a virtual office, your online business can easily create a professional image and deal with customer relations in a timely manner. Starting a brand online requires less investment than starting an in-person facility. Many virtual or serviced office spaces offer the advice you need to launch and operate a business efficiently. Due to the increasing number of facilities that make it easier to open an eCommerce business, consider moving your business or establishing one online.
Dubai has become world-renowned for its entertainment industry. Tapping into this market can be hassle-free through the option of providing event spaces. If the location of your business is in a well-established location then it is wise to consider capitalising on this by providing venues that can be used for entertainment venues. By offering competitive pricing schemes you can easily tap into this market that shows no signs of slowing down.
Businesses bound for success in Dubai can take many different forms, but some of the sectors we think are breaking through the market are cloud kitchen, virtual and serviced offices, eCommerce businesses and entertainment venues. Branching out into new businesses or sectors does not have to be daunting because support options and facilities for your company are becoming accessible.