What are the key factors to consider when developing a business plan for a healthcare venture in Dubai?
HomeWhat are the key factors to consider when developing a business plan for a healthcare venture in Dubai?
Market Analysis: Conduct a thorough analysis of the healthcare market in Dubai, including demand for specific services, competition, and target demographics.
Service Offerings: Define the range of healthcare services you intend to provide, considering the needs of the local population and potential niche opportunities.
Financial Projections: Develop detailed financial projections, including startup costs, operational expenses, revenue forecasts, and break-even analysis.
Regulatory Compliance: Ensure that your business plan aligns with Dubai’s healthcare regulations and guidelines to demonstrate a clear understanding of compliance requirements.
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Dr. Ray Nulty is the president and founder of Stratagem Partners – RAG’s Strategic Partner based in Ireland. He has been involved in a lead role in many of the projects for example Sberbank, Independent College Dublin, University of New Haven, Stanford University, State of Guernsey, Everfi and Hippo Hive. He was also involved in the strategy programme which established Dublin Institute of Technology. He is also a vesting lecturer at a number of international business schools. He holds doctorates in both Scenario Planning and technology Enabled Change.
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Mohammad Nibras focuses on solving clients’ complex problems in GCC and beyond. The recommendations given are frequently deployed by MNCs. As the COO and head of Management Consulting for RAG Global Business Hub, he plays an active role in its strategic approach to growing the company as one of the leading Market Entry Specialists. Prior, he was the founding partner of a research and analytics start-up based in Bangalore, India, and CEO of Kallat group of companies. He is a Global Shaper of The World Economic Forum.
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