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Nadeem Rafiq is the founder of Mavericks Business Consultancy, a one-of-its-kind company in the field of business consultancy services in Qatar.
Rafiq has more than 20 years of top management and legal experience. He has performed senior leadership roles and offered legal consultancy to reputed entities in the Middle East and in several other countries. The company was founded to provide start-ups to business owners, small businesses, investors, importers and exporters -- for businesses located inside or outside Qatar searching for corporate representation. The company also provides business consultancy, corporate dispute management and debt collection services. It helps in structuring commercial and business relations. The company works with business owners and guide them step by step to protect their start-up brand, current business, brainstorm ideas and above all, to protect their financial entity from losses and from market obstacles, risks, frauds and scams. In an interview with Qatar Tribune, Rafiq spoke about different aspects related to starting up a new business. Excerpts:
Do you think starting up a new business is a challenge?
No one can deny that starting up a new business or managing a current one has its challenges. It is an exciting and scary process. When you consider some of the most popular reasons to start a business, including having a unique business idea, choosing a career to grow with you, looking toward to financial independence and investing in yourself, it’s no wonder that small businesses are everywhere. But not every small business is positioned for success. So, you may be in for a real challenge when you decide to take the steps and become a business owner.
How does your company help start-ups?
Mavericks Business Consultancy can render advice on how to start your own business, guides to help you plan, develop and finance a start-up company, and offers recommendations on registering the business, its legal structure and finding financial backing for growth.
What is the role of a consultancy company is running any business?
The critical role of any consultancy company is to ensure that business stays afloat with regard to business strategies, methodologies and trends. When a consultant puts these methodologies into play, it is a commonplace for the business owners to take advantage of the consultancy skills on how they utilise them to reach conclusions. As a business owner, you dedicate every ounce of your energy, a lot of money and time to get the business up and running. It’s common for internal teams to miss certain problems in the company because of bias or too close to problems and miss to catch them. Business owners can miss addressing critical issues that might negatively impact them now or in the future. This explains why a outside resource is needed.
How can business owners benefit from the extensive knowledge of Mavericks Business Consultancy?
We have worked with many companies in multi-industries and know the ins and outs of the market trends. We know what other competing companies are doing and our recommendations will help your company outsmart competitors easily. Mavericks will dedicate its efforts towards data collection, formulating and implementing necessary policies to solve your business problems. The business owner can dedicate this saved time to do other aspects of the business that contribute to higher profitability.
How can one assign a leading business consultancy expert for the business?
You need to choose a highly skilled and experienced company to help you take advantage of the experience of a business consulting. It is essential to assign professionals as you may not like the challenge of facing your business issues alone. Mavericks Business Consultancy will provide you with satisfactory answers to your queries through corporate representation service. Have Mavericks affiliated team of experts on your side to tackle your business issues. They’ll become a part of your team, providing the most responsive service of process delivery in the domain.
How important is it to structure business relations?
If you are just starting up or already running a business, it is mandatory to consider how to structure it in the best way to protect yourself and your business. When two parties get together to run a new business, both generally share a vision and goal for the business. However, as the business progresses, the expectations, ambitions and even commitment of the parties tend to diverge. That is why it is advisable that both parties agree on their respective rights, responsibilities, privileges and powers relative to each other and finalise their agreement in black and white. A well thought out and properly constructed commercial and business relation can help your business to avoid many of the common conflicts that may arise between parties during the path of the business relationship. Mavericks Business Consultancy provides a comprehensive and wide-structuring commercial and business relations advice service.
What is the significance of trademark in any business and how can your company render help in this regard?
In the path of your business development, have you ever wondered how do you trademark a name and what are the benefits of trademark? And how trademarks facilitate the success of start-ups and the benefits of trademark registration in the long run? It is a top priority when a start-up is being established or while managing a current business to make sure that your brand, business name and your trademark is safe. It is vital to register the name of your business in the event that another business tries to use the same or similar name, you will have legal recourse to stop it. A trademarked name marks all of your products and services as yours and no one else’s and can also protect you from counterfeit products.
Do you offer any services for debt collection?
Small businesses which are battling late payment issues are also quite often hesitant to take action against defaulters for fear of alienating their ‘new’ customer. They also consider that it might be extremely expensive. This can be minimised with a professional active debt collection service by Mavericks Business Consultancy. We understand that chasing overdue invoices, unpaid accounts is detrimental to your business activities and thus can dramatically reduce cash flow which is inconceivable given the current economic climate. We have expertise with highly accredited solutions in most business sectors and have collected debts across all industries and delivered unrivalled results.
How can any business company avoid a court case?
When there is no easy way to compromise, one of the parties may search for advice. Dispute resolution is an approach gaining popularity in both private and public sectors. Many organisations are opting for this way of settling the problem because it is more efficient and cost-effective, and allows both parties more inputs in the overall process and outcome. Mavericks Business Consultancy-affiliated team of experts is highly versed in a variety of subject matters such as contract creation, professional negligence, property disputes, commercial disputes, shareholder disputes and intellectual property disputes. All this happens as Mavericks Business Consultancy works with you side by side in making key decisions that helps you in moving forward your business.
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02/06/2021
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