Think Positive Research

Why to Conduct Feasibility Study?

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A feasibility study looks at the viability of an idea with an emphasis on identifying potential problems and attempts to answer one main question: Will the idea work and should you proceed with it? Before you begin writing your business plan you need to identify how, where, and to whom you intend to sell a service or product. You also need to assess your competition and figure out how much money you need to start your business and keep it running until it is established. Feasibility studies address things like […]

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Food and beverage industry boosts UAE’s retail sector

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F&B accounts for 20 per cent of the retail mix in Dubai. United Arab Emirates residents are the third biggest spenders on food and beverage worldwide with 60 per cent of consumers visiting a mall just to eat or drink, in contrast to 25 per cent in the United Kingdom, a report by property advisor CBRE has found. The study revealed UAE shoppers visited large shopping centers an average of 49 times annually versus 31 times across other markets. The main difference between the UAE and other markets is that […]

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UAE SMEs, start-ups drive economic diversification

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Economic diversification, through reducing dependence on oil revenues, is the only path to success in the UAE’s corporate ecosystem. Small and Medium Enterprises (SMEs) and start-ups, which are considered the backbone of any economy, could play a crucial role in facilitating this diversification. Buoyed by the great government and bank support, SMEs and start-ups in the UAE have nothing to focus on except the key sectors they can cash in on. Dubai’s successful bid to host the World Expo 2020 has already stimulated growth in the non-oil sectors very significantly […]

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