In a long career in finance and accounting, I reckon I’ve pretty much seen it all…. and, frankly, some of it was not very pretty! For every role where my aim was to move an organisation’s finance function towards ‘world-class’, I had another role where the primary aim, at least initially, was much less auspicious […]
In the UAE, as in other countries, businesses too often prepare a budget without first giving due consideration to strategy and medium-term business planning. This is particularly the case for small and medium-sized entities (SMEs) whose management may not all have had exposure to best practice in this area. It is a statement of […]
Although non-executive directors (NEDs) are only a legal requirement in the United Arab Emirates for joint stock companies (JSCs), they can be of significant benefit to small and medium-sized enterprises (SMEs). This is particularly the case for a NED with a financial background, who has perhaps operated at the level of Chief Financial Officer (CFO) […]
Like their counterparts in other parts of the world, UAE business leaders are constantly striving to maintain focus on revenue-earning and business-critical activities. Yet many are distracted and deflected from this, spending endless hours on administrative activities. These typically fall into three categories: Managing the onerous requirements of a complex legal & regulatory framework Meeting […]
UAE government measures which have removed much of the red tape that previously hampered start-ups and which now allow 100 percent foreign ownership of companies have created an ideal incubator environment for start-ups and have led to it becoming a leading global start-up hub. This, combined with the recovery in the economy and the business […]
When the owner of a small or medium-sized enterprise (SME), whether it be an individual or a corporation, decides to sell that business it is of paramount importance that there is a smooth, professional navigation of the complex and often lengthy sale process to ensure that the business is sold to an acceptable purchaser at […]
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