MEMORIES- FROM PROFESSIONAL TO ENTREPRENEUR YASIR AL ABDULLAH Professional photographer, started a studio in May 2013, in Muscat offers photo shoots, designing brochures and event management Yasir al Abdullah, owner of Memories, a studio, is a professional photographer who has benefited from both the public and the private sector. From an amateur, he became a professional photographer with the help of the Oman photographers' Society Club. In May last year, he set up a studio that offers photo shoots, designing and event management. He approached the SEC to learn how to do business and also for financial aid. Currently, he earns RO5000-6000 a month and has a long-term contract with the Ministry of Tourism. His studio, which employs three women photographers, won a business to shoot weddings at the five-star wedding hall, Al Noor in MQ. He said, it is difficult developing businesses, especially in its initial stages, "When I was looking for support to take the loan they were asking for a guarantee....So I used my own savings to start this business." Yasir explains that his business would not have been possible without the support of Zubair SEC, as well as the support of family and friends, and that that service sector companies such as Zubair SEC and GroFin are essential in providing this support, "helping the young Omanis to get bigger in the market, and to hire more talented Omanis." CURRENT STATUS: Recently won contracts from Ministry of Tourism and sports goods maker Uniboats, earnings around RO5, 000-6,000 a month Memories Studios in Muscat introducing services on Shooting Weddings for Male & Female, Graduation Ceremonies, Shooting Models, Artwork Designing, Printing & Drawing on T-Shirts, and much more. Memories Studios are launching new & exciting services to include: Wedding shoots, Private Parties/Functions, Graduation Ceremonies, Advertisement Shooting and Designing & Printing. It includes a selection of Omani Professional Photographers experienced in all of the above. It provides services which are targeted to be creative, unique, professional & valid for all types of clients. 1. What are the difficulties faced by Yasir to start his business? 2. What is the contribution of Zubair SEC in Yasir’s business? 3. Is Photography business suitable and profitable in Oman? If your answer is yes, write the reasons.
MEMORIES- FROM PROFESSIONAL TO ENTREPRENEUR YASIR AL ABDULLAH Professional photographer, started a studio in May 2013, in Muscat offers photo shoots, designing brochures and event management Yasir al Abdullah, owner of Memories, a studio, is a professional photographer who has benefited from both the public and the private sector. From an amateur, he became a professional photographer with the help of the Oman photographers' Society Club. In May last year, he set up a studio that offers photo shoots, designing and event management. He approached the SEC to learn how to do business and also for financial aid. Currently, he earns RO5000-6000 a month and has a long-term contract with the Ministry of Tourism. His studio, which employs three women photographers, won a business to shoot weddings at the five-star wedding hall, Al Noor in MQ. He said, it is difficult developing businesses, especially in its initial stages, "When I was looking for support to take the loan they were asking for a guarantee....So I used my own savings to start this business." Yasir explains that his business would not have been possible without the support of Zubair SEC, as well as the support of family and friends, and that that service sector companies such as Zubair SEC and GroFin are essential in providing this support, "helping the young Omanis to get bigger in the market, and to hire more talented Omanis." CURRENT STATUS: Recently won contracts from Ministry of Tourism and sports goods maker Uniboats, earnings around RO5, 000-6,000 a month Memories Studios in Muscat introducing services on Shooting Weddings for Male & Female, Graduation Ceremonies, Shooting Models, Artwork Designing, Printing & Drawing on T-Shirts, and much more. Memories Studios are launching new & exciting services to include: Wedding shoots, Private Parties/Functions, Graduation Ceremonies, Advertisement Shooting and Designing & Printing. It includes a selection of Omani Professional Photographers experienced in all of the above. It provides services which are targeted to be creative, unique, professional & valid for all types of clients. 1. What are the difficulties faced by Yasir to start his business? 2. What is the contribution of Zubair SEC in Yasir’s business? 3. Is Photography business suitable and profitable in Oman? If your answer is yes, write the reasons.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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CASE STUDY 2- MEMORIES- FROM PROFESSIONAL TO ENTREPRENEUR
YASIR AL ABDULLAH Professional photographer, started a studio in May 2013, in Muscat offers photo shoots, designing brochures and event management Yasir al Abdullah, owner of Memories, a studio, is a professional photographer who has benefited from both the public and the private sector. From an amateur, he became a professional photographer with the help of the Oman photographers' Society Club. In May last year, he set up a studio that offers photo shoots, designing and event management. He approached the SEC to learn how to do business and also for financial aid. Currently, he earns RO5000-6000 a month and has a long-term contract with the Ministry of Tourism. His studio, which employs three women photographers, won a business to shoot weddings at the five-star wedding hall, Al Noor in MQ. He said, it is difficult developing businesses, especially in its initial stages, "When I was looking for support to take the loan they were asking for a guarantee....So I used my own savings to start this business." Yasir explains that his business would not have been possible without the support of Zubair SEC, as well as the support of family and friends, and that that service sector companies such as Zubair SEC and GroFin are essential in providing this support, "helping the young Omanis to get bigger in the market, and to hire more talented Omanis." CURRENT STATUS: Recently won contracts from Ministry of Tourism and sports goods maker Uniboats, earnings around RO5, 000-6,000 a month Memories Studios in Muscat introducing services on Shooting Weddings for Male & Female, Graduation Ceremonies, Shooting Models, Artwork Designing, Printing & Drawing on T-Shirts, and much more. Memories Studios are launching new & exciting services to include: Wedding shoots, Private Parties/Functions, Graduation Ceremonies, Advertisement Shooting and Designing & Printing. It includes a selection of Omani Professional Photographers experienced in all of the above. It provides services which are targeted to be creative, unique, professional & valid for all types of clients.
1. What are the difficulties faced by Yasir to start his business?
2. What is the contribution of Zubair SEC in Yasir’s business?
3. Is Photography business suitable and profitable in Oman? If your answer is yes, write the reasons.
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