What is a business model? A business model is an enterprise’s core framework, plan, or scheme for generating value and making a profit. Even a small roadside fruit vendor in Fujairah, United Arab Emirates, has one. It can be something like “buy fruits wholesale and...
Enterprise resource planning (ERP) is probably one of today's most hyped-up buzzwords. You've heard it bandied about by your peers in the industry. You've listened to people in tech talk endlessly about it. Vendors have been calling you non-stop, wanting to present...
So, you want to launch a specialty bread brand. Should you or should you not push through with your business idea? You can choose to go with your gut feeling or follow the advice of friends and family. However, the better way to decide is to conduct a feasibility...
Just like living, breathing organisms, businesses undergo certain stages of growth. These stages of the business lifecycle – sometimes referred to as “growth phases,” “maturity phases,” or “growth stages” – come with certain challenges. For a business to keep growing...
Across industries, there’s a widespread notion that only large, complex establishments need to be subjected to internal audits. This, of course, paints an inaccurate picture of what internal audits are all about and the benefits they provide. Besides, all companies...
Established in 2017, Affility Consulting is a Dubai-based comprehensive advisory services firm that’s committed to providing expert insights to clients. We’re known for many things, and one of those is our willingness to go the extra mile for our clients....
In the field of financial accounting, uniform accounting standards are crucial so that investors and banks can look at two different companies and understand each one’s financial position rapidly. As a financial accounting advisory services firm in the UAE, Affility...
Regardless of how vast a business or its area of specialization is, every organization needs a sound capital structure. Capital structure is the particular combination of debt and equity used by a company and denotes how an organization is financing its operations and...
Whether business or life, when we ought to make a difficult yet crucial decision – we take an expert opinion. The inception of search engines has made it rather easier to find answers to all prominent questions. But businesses are rather built with a complex framework...