Starting and running a business is challenging because it involves significant planning, expertise, experience, and skills. Although entrepreneurs may have novel ideas for developing successful businesses, they may lack the knowledge and experience to start a business from scratch. A unique idea typically starts a successful business offering innovative products and services. However, merely developing an idea is insufficient to establish a business because it requires extensive planning and consideration. The entrepreneur must understand how to start operations by completing legal, commercial, financial, and operational prerequisites. However, most people are unaware of the business setup complications due to inexperience and lack of knowledge. Several other problems create challenges for entrepreneurs, including acquiring funding, identifying a suitable ownership structure, developing a marketing strategy, and understanding the legal and regulatory requirements for operating in a jurisdiction.
Many people also face problems starting a business in a particular region due to a lack of awareness regarding local regulations and legal frameworks. Some countries and jurisdictions have specific regulatory and legal requirements for companies and entrepreneurs that necessitate working with professionals with adequate knowledge and expertise in local business regulations. For example, establishing a business in Dubai and other parts of the United Arab Emirates involves numerous issues, including company ownership, local sponsorship, acquiring finances, and assimilating into local business customs. Seeking professional assistance becomes necessary for foreign entities planning to establish business operations in the UAE. Mohammad Hamzah Ahmed is an experienced entrepreneur helping local and foreign business professionals develop their businesses in Dubai and other parts of the UAE.
Mohammad Hamzah Ahmed is the CEO of ITQAN Corporate Services and a business advisor with a computer engineering and electrical background and extensive experience in business consultancy. Hamzah Ahmed acquired significant business, leadership, and entrepreneurial experience working in his family business. He knew businesspersons’ challenges in developing and maintaining successful companies from an early age. Hamzah Ahmed developed a passion for business at a young age and mulled, starting his own company. He delved into the family business’ various processes and operations to learn everything about the business. Hamzah was born in Aden, Yemen, in 1981 and completed his schooling in Aden before joining his father’s business. The young business professional had a different upbringing than his peers because he spent his youth working in the business rather than hanging out with friends. The young entrepreneur worked in six locations, handling and managing various operational aspects.
Entering the professional field as a youth gave Hamzah Ahmed a headstart in entrepreneurship while enabling him to acquire skills and knowledge not taught in colleges or universities. However, the aspiring entrepreneur and business consultant attended the University of Aden in Yemen to complete a bachelor of engineering degree in electrical and computer engineering. Hamzah Ahmed did not stop working while studying for his bachelor’s degree and accepted a professional role leading over 55 employees in the business. The job enabled him to enhance his leadership and entrepreneurial skills. He worked in various professional capacities in his father’s business while accumulating professional experience until 2008, when a crisis compelled him to rethink his professional goals and priorities. The entrepreneur started considering developing a business by utilizing his skills and expertise.
Professional experience is essential for succeeding in any field, and Hamzah Ahmed knew its significance. The crisis compelled Ahmed to seek alternative professional opportunities after leaving his family business. The quest for a new professional role led him to the Fawaz Alhokair Group in Saudi Arabia. Ahmed started working as an area manager at one of the largest real estate and retail companies in Saudi Arabia while managing several teams and acquiring leadership skills. He met many aspiring entrepreneurs during his career at his father’s company and Fawaz Alhokair Group. Most individuals he met wanted to establish their businesses but lacked the professional expertise, skills, and experience to set up their companies. Being an entrepreneur himself, Hamzah Ahmed embarked on a mission of helping budding entrepreneurs by founding ITQAN Corporate Services in 2012.
Mohammad Hamzah Ahmed envisioned helping individuals and businesses set up their companies in Dubai and other parts of the United Arab Emirates by offering professional advice and consultancy. Ahmed learned the intricacies of establishing a business in Dubai and UAE by learning the technical, legal, commercial, financial, and operational requirements while utilizing his experience to offer professional consultancy. He provides technical, legal, and financial advice and consultancy to emerging and established businesses to successfully form and operate companies in the UAE without facing technical or legal hurdles. Mohammad Hamzah Ahmed transformed his vision for helping entrepreneurs set up, establish, and manage their businesses successfully through ITQAN Corporate Services, business consultancy, and project management advice.
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