There are many pros and cons to working in Dubai as a consultant. The cost of living is lower and the government is much more focused on diversification around other sectors. However, the US has a more professional work environment and is more focused on people development than the UK. It is not as conducive to work/life balance and can make it less enjoyable.
TRC PAMCO Middle East
TRC PAMCO Middle East, an accounting, auditing, and management consulting boutique, is located in Dubai. The company has 18 years experience in the field. They can be found in Al Owais Building, Al Rigga Road in Dubai. Contact them using the information below for more information.
Their team includes 70 experts who are located in three offices in Dubai, Abu Dhabi and Abu Dhabi. Their Construction Solutions practice was established in 2005 and has become a market leader. The group of experts that make up this practice offers solutions to clients across a range of construction disciplines.
PMC Solutions DMCC
PMC Solutions DMCC, a Dubai-based business management consultant, is PMC Solutions DMCC. They provide comprehensive solutions for company management and formation. Their expertise can help business owners set up and maintain a company. They can assist with opening corporate bank accounts and VAT consultations.
PMC is an independent business consulting firm that provides business management and financial accounting services in the UAE. Financial systems are offered by the company to improve efficiency and streamline the accounting process. PMC's accounting services make it easy to get important business information.
Strategy&
Strategy& has earned a reputation for being a top recruiter to business school students. Strategy& also welcomes people with degrees outside of business like engineering and medicine. Its consultants bring a wealth to the Middle East and are highly sought after by clients.
Strategy&'s culture encourages consultants to be themselves. Each employee is given an opportunity to choose the right engagement that suits their interests, and also develops their core consulting skills. After one- or two years, they can take on more responsibility and participate in the definition of projects. The company has several offices worldwide, including in North America and Europe.
Bain
Bain & Company has welcomed two new Partners to its Middle East offices. Elif Koc and Karen Khalaf have extensive experience supporting leading financial investors in diverse geographies and sectors. These new Partners bring considerable expertise in fund strategy formulation as well as portfolio planning and organic development strategies. Bain is expanding its regional capabilities.
Bain has been active with the Middle East since at least the early 1990s. The region has emerged as a burgeoning hub for leaders in private equity, consumer products, technology, and other industries. Consulting firms continue to be attracted by the Middle East's rapid growth.
McKinsey
McKinsey Dubai Consulting works with some of the largest institutions in the region to develop strategy and strengthen capabilities. The firm works to transform organizations into regional champions and increase their performance. Its team comprises some of top professionals from around the globe. We have clients that include top institutions from both the private and public sectors.
McKinsey Dubai Consulting operates globally. McKinsey Dubai Consulting consultants have the freedom to move to other offices, or to take up secondments elsewhere. It promotes flexibility in its culture and offers many career development opportunities. Take Time is an initiative of the company that allows consultants up to 10 weeks extra between projects. It encourages flexibility and helps employees manage work time.
FAQ
What are the benefits of consulting?
As a consultant, you can usually choose when you work and what you work on.
This means that you are able to work from wherever you're at any time.
You can also easily change your mind, without worrying about losing any money.
Finally, you have the ability to control your income levels and establish your own schedule.
How much do consultants make?
Some consultants earn more than $100k per year, but most consultants earn between $25 and $50k. The average consultant salary is $39,000 This includes both salaried and hourly consultants.
Salary depends on the experience of the consultant, their location, industry, type and length of the contract (contractor or employee), as well as whether they have their own office or work remotely.
Who hires consultants
Many companies hire consultants to help with their projects. These can include small businesses and large corporations, government agencies as well non-profits and educational institutions.
While some consultants work for these companies, others are freelancers. The process of hiring depends on the size and complexity the project.
Many rounds of interviews are required when hiring consultants. Then, the final decision will be made about who you believe is best for the job.
Statistics
- Over 62% of consultants were dissatisfied with their former jobs before starting their consulting business. (consultingsuccess.com)
- On average, your program increases the sales team's performance by 33%. (consultingsuccess.com)
- So, if you help your clients increase their sales by 33%, then use a word like “revolution” instead of “increase.” (consultingsuccess.com)
- According to statistics from the ONS, the UK has around 300,000 consultants, of which around 63,000 professionals work as management consultants. (consultancy.uk)
- My 10 years of experience and 6-step program have helped over 20 clients boost their sales by an average of 33% in 6 months. (consultingsuccess.com)
External Links
How To
How to Start a Consultancy Company and What Should I Do First
Starting a Consulting Company is a great way to make money online from home. No prior business experience is required. A good place to start your own consulting company is to build a website. After you have built a website, social media platforms such Instagram, Pinterest and LinkedIn will be useful to spread the word about your services.
These tools will allow you to create a marketing plan which includes:
-
Writing content (blogs).
-
Establishing connections (contacts)
-
Generating leads (lead generation forms).
-
Selling products (eCommerce websites)
Once you've created your marketing strategy, the next step is to find clients who are willing to pay you for your services. Some prefer to connect with people through networking events. Others prefer to use online resources like Craigslist and Kijiji. The choice is up to you.
Once you have secured new clients, you will need to discuss terms with them and their payment options. This could include flat fee contracts, hourly fees or retainer agreements. It's important to know what you expect before accepting a client so you can communicate clearly throughout the process.
An hourly contract is the most popular type of contract for consulting services. In this case, you agree to provide certain services at a fixed rate each month or week. You might be able, depending on which service you offer, to negotiate a discount. When you sign a contract, make sure you fully understand it.
Next, you will need to create invoices that you can send to your clients. Invoicing can be a complicated task until you actually attempt it. There are many ways that you can invoice your clients depending on what your preferences are. Some people prefer to email their invoices directly, while others prefer to mail them hard copies. Whatever your preferred method, make sure it works well for you.
After you've finished creating invoices, you'll want to collect payments. Most people prefer PayPal because it is easy to use and offers various payment options. However, other payment processors are available, including Stripe, Square Cash, Google Wallet, Apple Pay, Venmo, etc.
Once you're ready for collecting payments you'll need to set up bank account. Separate checking and savings accounts allow you to keep track of income and expenses separately. You can also set up automatic bank transfers to pay bills.
When you start a consultancy business, it may seem overwhelming, but once you learn how to do it correctly, it becomes second nature. Our blog post contains more information on how to start a consulting business.
Starting a consulting firm is a great way to earn extra cash without worrying about employees. Remote consultants don't need to be tied down by office politics or work long hours. Since you are not tied down by regular working hours, you have more flexibility than a traditional employee.