How you can Start a Fashion Store in Dubai with Radiantbiz?
Starting a Fashion Store in Dubai is an amazing business idea. Dubai is known as one of the hotspots for fashion in the entire world. With a lot of influencers, Dubai witnesses some of the trendiest styles ever. A fashion store is therefore mostly in profit if handled properly.
The Department of Economic Development looks after all the business activities taking place in UAE. According to the department of Economic Development there are a few processes that need to be taken care of in order to set up a fashion store in Dubai. Whether it is a high end store or a general store, fulfilling the terms of DED is essential.
Selection of the location of the shop
The selection of the location of the shop should be done in such a way that the location provides a significant benefit to the shop and helps in increasing the sales of the shop resulting in profits and better reach of the store. The place that you choose should have a lot of traffic, should be highly visible to the people passing by and should also be a place that fits your budget. Besides these factors the competition in the nearby area is also something that needs to be analysed before choosing a place to set up your store.
Need to have a local sponsor
It is essential to get local support in order to open your store. This local support is known as the local sponsor essential to open a business in UAE if you are an expat. A local sponsor to own 51% of your business is required in most of the parts of UAE with Free zones being an exception.
Steps required for starting a fashion store are–
1. Submission of passport and visa copies
2. Getting NOCs for initials and names approval
3. Signing MOA with local UAE partner
4. Choosing the space for shop or business center incase of wholesale
5. Submission of the above mentioned to DED and the payment for business setup
6. Collection of license for the store.
After these steps you are eligible for importing , exporting or retail of garments in Dubai.
Market and grow your business
Marketing your business and growing your business is important for its success. If you market your business properly then the information about your business can also spread by word of mouth. Social media advertising and a strong presence helps to grow the brand and present your products in a better manner. Customer service in the clothing sector is an important criteria to take care of if you want your business to flourish. Making things like giving feedback, returning and exchanging easy for people, makes them trust your brand more. While a flaw in the same can be damaging to your brand’s reputation.
Get help from the professionals
In matters like business setup, people tend to get confused and get in a chaos due to a number of rules and requirements. This is the time when people tend to look for an expert. A lot of chaos can be avoided if guidance is taken from the very beginning. We at Radiantbiz are a team of experts who are here to help you with your queries related to all types of business set up.
Setting up a Fashion store in Dubai is an idea that will flourish a lot, provided the person works towards increasing the reach of the business and works in a customer friendly manner. Approaching professionals for issues related to the setting up of a business is the best choice available in order to prevent any mess up or chaos in the procedures in future.