Top 5 Small Businesses to start in Dubai
Good earning business opportunities for start-ups
Here is Dubai Chronicle’s editor suggestion for Top 5 small to medium size of businesses that can provide good earning opportunities for start-ups in Dubai in the current economic climate. Please read the Top 5 businesses doomed to fail in Dubai article before taking a decision.
Education: Training courses & After-school activity classes
Education is a big business in the United Arab Emirates, because the larger portion of expat population is young and has young children.
Reasonably priced, real quality training courses and after-school activity classes for children of all ages and young adults are in high demand. Dubai’s middle class is constantly growing and more families can afford to spend for life quality improvements.
When suggesting a start-up business in education, we are not talking about fancy schooling or private classes of all sorts that investments companies offer nowadays in Dubai, but about reasonably priced and accessible to many training courses and activity classes. Do not become one of the “educators” who sell an hour of English lesson for AED150 or AED220 ($60)!
All kinds of group classes in support of the educational activities, priced at around 50Dh per hour will work great. One may start a small business even by tutoring children from the neighborhood at home. The most important tools for success are passion for teaching and real university degree.
Companies that provide repair services, ranging from the home-improvement sector to the auto industry, are in a high demand as more and more Dubai expats opt to fix their existing possessions, rather than to buy new. Lucrative sectors of the business include shoe and clothes repair shops, or alterations. The repair businesses is hospitable for start-up ventures, as services can be offered from home and depend on the founder’s know how and willingness to work. A hint about pricing: zipper repair in the Dubai Mall costs 80 dirhams ($22).
Home Health Care
Perhaps the business sector likely to benefit most from the constant influx of expats to Dubai is the home health-care industry. An increasingly popular in the Western countries alternative to nursing homes (which are not plenty in Dubai either), home health-care services are expected to offer patients reasonable costs while providing them the dignity of being able to remain in their homes. Such services are almost not available in Dubai and the United Arab Emirates at large. The home care healthcare industry has also generated many promising niches, including service providers that specialize in cognitive-fitness computer programs, which help exercise the mind.
Temporary Employment Agencies
At a time when many companies are still reducing their staff, it might seem not appropriate to start a recruitment business. But recruitment agencies that specialize in filling part-time positions can actually do well. This sector within the employment services is not yet developed in Dubai, but it could generate many new jobs for housewives, students or professional experts. Part time recruitment agencies that position themselves to take advantage of changes in the employment scenario by specializing in locating jobs that offer flexible schedules are well-positioned to succeed.
Yoga Products and Services
Increasingly doctors and therapist recommend yoga as a healing therapy for a number of mental and physical conditions. Yoga now replaces the aerobics from the 80′s and the 90′s. There are not much yoga studious in Dubai yet, but demand is on the rise. For example, the number of participants and yoga classes offered by Emaar health clubs during the last year had tripled.
As the industry is very much likely to expand, there is ample room for new products and various types of yoga studious. One promising niche opportunity: yoga classes and apparel form men.