Date(s) - 03/07/2018
8:30 am - 11:30 am
Are you a Business Owner? Do you need funding to grow your business?
Business Improvement Group (BIG) has launched a one-stop shop Enterprise Development Programme to support Startups and SMEs in the UAE.
The groundbreaking initiative is designed to assist Business Owners grow, create value and improve the performance of their business, thereby achieving operational and financial self-sufficiency.
In collaboration with Dubai Technology Entrepreneurship Centre (DTEC), the Beehive Group and Gulf Tax Accounting Group (GTAG), we are delighted to invite you to our exclusive event on Tuesday July 3rd, 2018, where you will have an opportunity to meet face to face with the lending and business improvement experts.
DATE: Tuesday July 3, 2018
VENUE: Dubai Technology Entrepreneurship Centre (DTEC)
TIME: 8:30 am – 11:30 am
FLOW OF AGENDA:
Session I: Why Systemise Your Business? 9:20am – 9:45am
To be a successful entrepreneur, you need financial discipline. Bill Anderson has witnessed first-hand the challenges that many entrepreneurs in the UAE experience, when sourcing for funding from banks or other lending institutions. Everything from lack of knowledge about various funding options, difficulties in meeting the set requirements, to connecting with the right funding institution, it has not been easy for business owners. Reason? Failure to systemise and put business processes properly.
Systemising a business takes discipline, planning, resources and above all, a commitment to get the job done. Bill will offer practical guidance of stubbing out inefficient processes and help you learn how to implement new and improved ones.
Session II: Closing the Funding Gap 9:45am – 10:10am
Do you need seed funding or you’re looking for capital injection to grow your business to the next level? Meet Robert Davis. Robert is an Investment Consultant at Beehive Group. Beehive specialises in offering fast, low cost finance to SMEs that don’t have the working capital or access to seed funding.
Beehive’s partnership with Business Improvement Group (BIG) will see business owners benefiting by getting financial and business operational support they so desperately need. Robert will be speaking on the types of funding Beehive provides and how entrepreneurs can secure capital. He will be also give attendees insight into the criteria that the lender uses to approve funding for entrepreneurs and SMEs.
Session III: Are you ready for a VAT Inspection? 10:10am – 10:35am
If you are a VAT-registered business, you can expect a VAT inspection at some point in time, by officers from the UAE’s Federal Tax Authority (FTA). Do not panic! VAT inspections are routine checks done by the tax authority to review your VAT records and ensure whether they are correct or not. As such, it is best to be always prepared to ensure you are spared from penalties imposed by the FTA.
Peter Whatley, a Partner at Gulf Tax Accounting Group (GTAG) is a former VAT-Inspector who helped roll out VAT in South Africa. Peter will take the participants through what is involved in a typical VAT inspection process.
Session IV: Embedding cyber-security culture into the finance function 10:35am – 11:00am
Also presenting is Pete Mahon, who is well at home here within the technology community. The Oracle Financials expert will be speaking on the crucial matter about how businesses in the UAE continue to be victims of increasingly sophisticated cyber-attacks.
Most concerning, these cyber-attacks have moved on from having the intention of shutting down systems, both stealing data and money, to destroying your data without apparent motive. Business Owners should be at the core of their company’s cyber-risk strategy by setting the “Tone at the Top”.
Pete will give a practical guide on how, as a business owner, you can lead by example and make your business more attractive to potential investors.
Session V: Q&A 11:00am – 11:30am