6 Reasons Graphic Design is More Important to Your Business

As a business owner, you may have hundreds of concerns to address during your day-to-day workplace activities, so you might be tempted to ignore the need for expertly crafted graphic designs. However, utilizing professional graphic designs can be an integral step in the process of establishing and maintaining a successful business. The six points listed below emphasize how important graphic design is to your business. 

Brand Recognition: Your company’s total brand image starts with a great logo and expands to every aspect of your business. The design needs to target your audience in a way that is functional, attractive, and professional. Your brand should provide an instant connection to the outstanding products and services that you offer, and you need an excellent graphic design to forge that kind of connection. Company Unity: Your employees will be surrounded by stationary, company web pages, uniforms, publications, and more. If you want a happy and healthy workplace, your employees will need to band together behind the designs that you select to represent your brand. Building your company identity starts on the inside, so your employees must be committed to the brand. A good graphic design can strengthen that sense of commitment.

Professionalism: You want your company to make a great first impression on clients, vendors, and other entities a logo for example only has a fraction of a second to make a first impression. A design that looks cheap will cast an unfavorable light on your business, and it can be difficult to break the impression that your company cannot afford a professional design. 

Communication: The usefulness of graphic design extends beyond your logo and your website. Graphic design can produce visual aids that will help you communicate your ideas. An informative image can transmit ideas that cannot be expressed with words alone. You can use professionally designed images to create a positive impression and avoid misunderstandings. 

Efficiency and Productivity: Badly designed graphics can negatively impact worker productivity and general workplace efficiency. Your website is the area of your business where signs of a bad design are most likely to be observed. A practical design should include useful features, such as easy navigation, legible fonts, and appropriate colors. A website with blinding colors, tricky fonts, or hidden navigation will be a headache for clients and employees.

Money: Badly designed graphics can be very expensive. If you go for a cheap design, you might get a lackluster product that is not ready for print. If the design is not ready for print, you might end up spending more money on a new design. Additionally, a competent graphic designer will create a design that is not too expensive to produce. You do not want to spend a significant portion of your budget on a bad design. Fortunately, there are many modern methods, such as crowdsourcing, for obtaining professional and attractive designs. Ignoring your organization’s graphic design needs can negatively impact clients, vendors, and employees. Utilizing an appropriate design can improve every aspect of your business. Consider the six reasons listed above before underestimating the importance of graphic design to your business.

 

UAE pension authority sees sharp rise in subscribers

GPSSA has seen a total of 7,451 employers registered with it as of June 2023.

ABU DHABI: The General Pension and Social Security Authority (GPSSA) has reported a notable surge in contributors and registered employers, according to the statistics released for June 2023. The data revealed that the number of contributors rose to 104,038, marking a significant increase, compared to 87,982 contributors during the same period last year. Moreover, registered employers rose from 7,451 in the previous year to 10,568 as of June 2023. The report further disclosed that pensioners reached 19,548 by June 2023, compared to 18,318 in June 2022. Similarly, the number of beneficiaries stood at 8,368, showing a slight decline from the 8,432 beneficiaries recorded during the same period last year. In terms of insurance expenses, the data indicated that the value of expenses in June 2023 amounted to Dh397,799,391, higher than the Dh396,086,188 reported during the corresponding period in the previous year. These statistics were unveiled during the fifth board meeting for 2023, chaired by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs and Chairman of the Board of Directors at GPSSA.

During the meeting, Al Hussaini presided over the approval of minutes from previous meetings and led discussions on the progress of past decisions and recommendations made by the board. The meeting also approved various decisions and recommendations presented by sub-committees, including the Investment Committee and the Internal Audit and Risk Committee. Furthermore, the board reviewed and approved GPSSA’s final financial statements for 2022, which will be submitted to the UAE Cabinet Ministers for final approval. Additionally, they examined the investment performance report for 2022 and the first half of 2023, followed by discussions on other important topics on the meeting’s agenda.

 

5 of the best high-yield savings accounts with no minimum balance

Make sure your high yield savings account charges no monthly fees, which can chip away at the interest you earn over time.

With federal interest rates high  and another potential rate hike on the horizon  now is a great time to save. But even among the best high-yield savings accounts with no fees or other costs, there can be a significant barrier to entry. Some of these accounts require steep minimum deposits or ongoing balances to either open your account or earn interest. If you don't already have $1,000 or even $5,000 to deposit into your new account, you may not qualify to earn the great interest it offers. That's why you should look at all the details of a new account before you open it. There are a number of competitive high-yield accounts today  even some that offer near the highest available APYs  that require no minimum at all. To earn interest with these accounts, all you have to do is open it and make a deposit in any amount.

Why you need a high yield savings account today

High yield savings account interest rates are significantly higher than traditional savings accounts.

Savings are an essential part of any smart financial plan. Whether you're building an emergency fund or setting aside money for a big purchase, a healthy savings account can help you reach your financial goals and cover unexpected costs without going into debt. And every little bit you can set aside counts. The easiest way to boost your savings is with a high-yield savings account. High-yield savings accounts are a popular financial tool for many reasons, including the ability to earn much more interest than you can with a regular savings account. If you don't already have one, now is the perfect time to consider opening one. See today's high-yield savings account rates here to find out how much you could be earning.

 

Online Business in Dubai

It’s no secret that the future of digital retail is hugely exciting. So, who could blame you for wanting to launch an online business in Dubai? The world has fallen in love with the convenience and abundance of shopping online. In fact, ecommerce rode a tidal wave of growth during 2020. While many brick and mortar businesses over the past couple of years have experienced a significant contraction, others flourished to expand their businesses online. The pandemic catalysed a huge shift toward the digital marketplace, and many small business owners are now jumping on board. It can be a good way to earn money, with plenty of opportunities for passive income as well. This was the case across the globe and it was certainly no different here in Dubai. If you are interested in starting an online business, you’ve come to the right place. Your online business idea could become a reality, faster than you think. We’ve prepared the ultimate guide to starting a successful online business in Dubai. We’ll walk you through all of steps you’ll need to launch and operate your e-commerce store successfully.

Why start an online business in Dubai?

Starting an online business offers a range of benefits for established companies and aspiring entrepreneurs alike. As many local businesses have found, starting an online business in Dubai is not as difficult as you might think. Whether you are opening up your existing business for transactions made via a website or app, or starting a new e-commerce-driven venture, the path to online success remains the same. Truthfully, anyone wishing to start an online business with the willingness to work hard can quickly see their online business ideas earn big money.

The Benefits of Online Business Online shopping is now one of the most popular activities globally. In 2020, retail e-commerce sales worldwide amounted to USD 4.28 trillion. Of those,18% of retail sales have been attributed to e-commerce. In the UAE, the e-commerce market saw a huge leap in 2020, recording a USD 3.9 billion market value and a 53% year-on-year increase. And by 2025, experts foresee that e-commerce in the UAE will reach USD 8 billion. In a recent study on the digital transformation in MENA and Pakistan, 53% of MENA consumers say they are doing more of their shopping online now compared with before the pandemic started. The lifestyle perks of initiating an online business in Dubai are incredibly appealing. Firstly, you’re really your own boss. Once you set up the important business essentials like writing a business plan (if required), creating your own website, setting up an eCommerce store and building a social media presence – you’re ready to hit the ground running.

Magento As one of the most dependable and effective e-commerce systems, Magento is widely regarded among online retailers. In fact, Magento is popular for large businesses and enterprises looking toward growth. Magento excels at scalability and performance, which is why it accounts for over a quarter of the e-commerce market. This platform is used by companies such as Burger King, Huawei and Liverpool Football Club. For enterprise-level online shops, Magento is regarded as the most suitable ecommerce platform. Because Magento is geared toward enterprise-level companies, it’s not an easy platform to navigate. As such, you’ll likely need the help of developers to build and run a Magento-based online business in Dubai.

Deciding What To Sell Online 

        According to Shopify, there are a few things that can help when it comes to refining a good online business idea and deciding on a service or products to sell: 

• Solve a customer pain point What are the challenges that your potential customers are currently facing? Consider what ways you can help them and make their life easier. 
• Appeal to enthusiastic hobbyists Is there a specific niche market that you understand really well? 
• Go with your passion Sometimes, your passion could be an excellent source of inspiration for a product or service. 
• Consider your professional experience  What are you good at? You may have certain technical skills that can be marketable. 
• Capitalise on trends  Stay on top of what is new and exciting in the market. 
• Read customer reviews on existing products and look for insights into how their needs could be met in a better way 
• Browse what’s trending on online marketplaces through this list 
• Research products with higher profit margins.

Shopify  has quickly become the world’s most popular, fully-managed ecommerce platform since its launch in 2004. It is used by over 1 million retailers around the world with more and more companies choosing to migrate over from existing platforms. Its popularity is, to a large extent, due to its simple and easy-to-use interface and excellent app marketplace. Unlike Magento, Shopify is a software as a service (SaaS) monthly membership service and includes website hosting, domain hosting and mail hosting. There are many great themes for your store, both paid and free, with almost any feature you might want to use to sell your product. You should understand that Shopify is developed in a proprietary coding language called “Liquid.” If you need something very customised for your brand, you will need to hire a Shopify developer to modify or write the template code for you. That said, if you are happy to use a theme without requiring deep customisations, you can create a stunning website and online business brand using Shopify.