Why Many Businesses Fail in Their First Year — And How to Avoid It
Starting a business is an exciting journey, but it comes with its fair share of challenges. Unfortunately, a rising number of businesses in Dubai and beyond are shutting down within their very first year. The reasons? More common than you might think — and entirely avoidable. Stay Updated, Subscribe our WhatsApp Channel The Hidden Pitfalls New Entrepreneurs Face Many startups struggle not because of a lack of passion or effort, but due to: ❌ Poor Planning ❌ Lack of Expert Guidance ❌ Choosing the Wrong Setup ❌ Unexpected Hidden Costs These missteps can quickly drain resources, cause regulatory issues, and eventually force a business to shut down before it even finds its footing. How to Set Your Business Up for Success The good news? These pitfalls can be avoided with the right approach from day one. Here’s how you can increase your chances of long-term success: ✅ Get Expert Guidance Work with experienced consultants who understand the legal, financial, and ...