Now, Saudi women can start own business without male permission

Posted by Dr. Karl Ruegg on 2018-02-20

Now, Saudi women can start own business without male permission

AFP |

Highlights

Saudi Arabia can now open their own businesses without the consent of a husband or male relative, as the kingdom pushes to expand a fast-growing private sector.

The policy change, announced by the Saudi government on Thursday, also marks a major step away from the strict guardianship system that has ruled the country for decades.

“Women can now launch their own businesses and benefit from (governmental) e-services without having to prove consent from a guardian,” the ministry of commerce and investment said on its website.

Under Saudi Arabia’s guardianship system, women are required to present proof of permission from a male “guardian” – normally the husband, father or brother – to do any government paperwork, travel or enrol in classes.

Long dependent on crude production for economic revenue, Saudi Arabia is pushing to expand the country’s private sector, including an expansion of female employment under a reform plan for a post-oil era.

While women still face a host of restrictions in the ultraconservative Muslim kingdom, Saudi Arabia’s public prosecutor’s office this month said it would begin recruiting women investigators for the first time.

The kingdom has also opened 140 positions for women at airports and border crossings, a historic first that the government said drew 107,000 female applicants.

Crown Prince Mohammed bin Salman, the powerful heir to the Saudi throne, has been leading the drive to expand the role of women in the workforce in recent months.

His father, King Salman, in September approved the end of a decades-long ban on driving, which goes into effect in June.

The 32-year-old prince pledged a “moderate, open” Saudi Arabia in October, breaking with ultra-conservative clerics in favour of an image catering to foreign investors and Saudi youth.

Prince is widely seen as the chief architect behind Saudi Arabia’s “Vision 2030” reform programme, which seeks to elevate the percentage of women in the work force from 22 percent to nearly one-third.

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  • Now, Saudi women can start own business without male permission

3 Reasons Why Starting a Business is a Financially Savvy Move

Posted by Dr. Karl Ruegg on

I sometimes get into debates with people about whether or not starting a business is financially smart.

The truth is, I get a lot of pushback on this. People often cite all the statistics as to how many businesses fail. Then they usually on to tell me about how they tried and it just didn’t work out for them. And finally, they say that not everyone is cut out to run a business.

I agree with the last part. Not everyone should be starting a business because not everyone can handle it. However, for those who are cut out for it, here’s why starting a business is one of the best financial moves you can make.

Your earning potential is unlimited.

Why is starting a business a good idea? Because you can earn whatever kind of money you want. In 2018, I’m projected to earn six-figures which is four times more than I was earning at my last job. According to the Freelancers Union, respondents to their annual survey stated they earn more money than they did at their last job too.

And you bet I’m going to keep earning more money. The more I learn, the better I get at making it. If I want to earn more money I just decide to do it and take the necessary action steps.

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Now compare this to a job where you have a set salary and have to wait for someone to approve your raise. Even if you get one, you’re looking at a small percentage increase whereas business owners can give themselves a massive raise with a little extra elbow grease.

You’re building something you own.

The next reason why starting a business is because you’re building something you own. Plenty of business owners have a strategy where the build a company to then sell it. While this isn’t everyone’s plan, the fact of the matter is you’re still building an asset for yourself instead of building someone else’s.

The internet has made it easy.

If you want to run a business with low overhead, the internet has made it easy to do so. I only spend about $3000 a month on my business and that’s on the high end. It’s also because I’m always experimenting with new things and I believe in the power of outsourcing.

However, there are plenty of business owners out there who spend far less money than I do on their operations. This, in turn, leads to higher profit margins.

Think about it. Starting an online business means you don’t need an office. That alone is a savings of possibly tens of thousands of dollars per year! There are also several tools out there that allow you to automate business processes at lower costs. For example, you can easily streamline your payments process.

Final Thoughts

Starting a business is a financially smart move for many. It certainly has been for me. That being said, this is assuming you can handle running a business in the first place.

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An Easy Way to Start Business in Fitness Clothing Market That Assures Profit

Posted by Dr. Karl Ruegg on

Fitness wears are touting exceptional sales rate that easily outmatches other apparel categories. Unsurprisingly, the shaped and booming market has attracted many entrepreneurial minds, making the scene too crowded, already, for other businesses to enter and enjoy a decent profit.

If you’re too looking to make your way into the fitness clothing market, the path ahead can be difficult— highly rewarding, but difficult! This means, you must do away from the clichéd and obvious strategies and take a slight different way that has an equally-profitable, but easy and sustainable model.

Now don’t hassle. We’ve got you covered here.

Become Fitness Clothing Distributor

Ditching the conventional path, in recent times, we have seen few smart business owners steer their direction from the retailing model to being . With the retailing scene flanking high and dearth of right intermediaries, their bet has paid off with high-flying colors.

So if you’re looking for ways to successfully (and easily) enter the fitness clothing market with definite strides that has big return stacked in assurance, launching your apparel distribution is great choice. What makes this business plan even greater is the fact that there are seamless opportunities available in the market. And the abundance of online powerful tools available that makes communication and managing the backend activities easier is extra pudding on the surface of an already delicious cake.

Get in Touch With A Good Fitness Clothing Manufacturer

With the surpassing trends and unstopping demand for fitness and Athleisure wears, in recent times, we have also seen many manufacturers emerging on the scene. While not all of them have mediocrity pressing their shoulders, they aren’t good either.

So if you’re planning to spread your wings as the best distributor, you also need one of the best women and by your side. The one who has a nice application process, a large fitness catalogue with custom varieties and an affordable pricing that leaves you enough room to make a decent profit.

Find yourself a nice manufacturer/supplier, build a good infrastructure, leverage your networking prowess to find first few clients easily, and then go about scaling your new business to new heights.

The post An Easy Way to Start Business in Fitness Clothing Market That Assures Profit appeared first on Alanic Blog.

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