Your location decides the whole future of your business whether it’s going to ensure skyrocket success or not. In fact, location confirms the value of opportunities your company can avail. It wouldn’t be wrong to say that a healthy business environment is the key to ensuring higher profits, global networking, and more.
There are two options for you to choose from when making your office in Dubai: mainland or freezone. Both of these have benefits and limitations but you need to finalize the one which aligns with your future business goals. We’ll surely discuss them below.
Now, let’s get into this.
Key Considerations When Choosing a Business Location
There are some core considerations you need to focus on while selecting the location for your business. You can only make the right decisions if you pay greater attention to these factors.
Market Access
As per our industry experience, accessibility is the key to reaching higher business growth. In fact, you promote higher networking this way and make contacts with other leading experts. Always choose such a location which is close to your customers and you can avoid expenses such as transportation, etc.
Cost Implications
Different locations have different costs associated with them. Meanwhile, rent, utilities, personal and operational expenses. You also focus on setup costs which is a major consideration. Before any final decision, check your budget and calculate the costs associated with the location you are going to choose for your business.
Business Type
This is the most important consideration before choosing the business location. Always consider your customers’ interests, your targeted audience, and the type of services or products you are offering.
If your business focuses on international trade, don’t go for a freezone business location because it limits you only to the United Arab Emirates. Instead, you can go for a mainland business setup to trade internationally and build global networks.
Future Expansion
Location decides the long-term growth of a business, so consider your plans before any final move. Ensure the area you are finalizing offers scalability options and you will face no difficulties while expanding later.
Pay attention – Don’t forget to check the policies of the location because sometimes policies cause complexities later while you expand the business.
Networking Opportunities
Business location should provide excellent networking opportunities, so you collaborate with other industry experts and promote your growth. For this, mainland business locations are always beneficial as per our experience because they don’t limit your operational concerns.
Conclusion
These were all the major and important considerations before choosing any location for your business in the United Arab Emirates. If you pay attention to them, it will be easier to decide in the end.
For more assistance and information to finalize your decision, contact Smart Ezone. We help businesses to set up in the UAE from scratch to end and guide them throughout the procedure.