Now the world has become unsafe, and security has been a significant issue everywhere. No matter where you live or work, you need to feel secure to enjoy or work. Although commercial building offices require a certain security service, a residential area is similar. It is a place where your loved ones live, the ones for whom you earn so dearly.
Important for the safety of your loved ones
When you leave for work, your loved ones must be in a secure environment with armed guards. These uniformed guards are trained to avoid illegal activities in your residential complex. They reduce the feeling of vulnerability, improved safety, and make your home a perfect refuge. The safety of your loved ones is paramount.
Guard can respond to various hazards
Guards are trained to handle any illegal activities happening in your surroundings. They are highly trained individuals with training under stressful conditions. They are taught to use their clear judgment and assess the situation through the best possible mode of action. They detect incidents quickly and remediate them to protect life. The threat in your environment will reduce by efficiently handling security issues. They also help to manage panic and escalation effects in your area. Proper organization procedures and staffing will help to resolve issues efficiently.
Security of your precious goods
While you are out for work or vacation, you might be worried about the precious belongings at your home in an insecure environment. In that case, you won’t be able to enjoy your vacation work efficiently. Having security personnel will keep all your security concerns out easily. They will protect all your precious belongings and keep your home secure whether you are there or not. The security personnel is trained to let only authorized people inside residential complexes. It will help to minimize any criminal or unwanted person entering your area. They will help you to have a good night’s sleep in a peaceful environment.
Protection of parking area
With the increasing organization and population, people have access to comfort and resources. If you look clearly, the main utility everybody wants to own is a vehicle. It will help them to come to you properly and enjoy their family time better. Lots of automobiles will cause parking problems. Security personnel will sieve out unauthorized parking and save your parking space when you arrive back at your home, and you don’t have to look out for a perfect parking spot every day.
Conclusion
The safety of your home is your priority. It is a space where you can have a piece of mine. For any questions about security services, be sure to visit the NHN group. Patrolling security guards in residential areas will ensure that everything is under check and in and proper progressive environment. The committed and responsive personnel will match your security needs and keep illegal activities in check. A security service will keep you away from any security worries.
The article is contributed by Priyank Trivedi, Founder, WordPress Webers
The Bug Bounty Program is a transaction offered by many websites, organisations, and software developers that allows individuals to credit and reward bugs, especially security vulnerabilities and bugs related to vulnerabilities. These programs allow developers to find and fix bugs before they are noticed by the general public, preventing widespread misuse incidents. Bug bounty programs are implemented by many organisations in India.
Top Indian Companies offering Bug Bounty Programs:
The sequence in the working of the Bug Bounty program are:
Step 1. A researcher will try to find bugs on a platform using software, tools and personal skills.
Step 2. Once the researcher has found the bug, he/she will report it to the Bug Bounty Program of the company along with necessary proofs of the bug.
Step 3. The security team of the company will look into the research provided and evaluate using the steps performed by the researcher.
Step 4. Once the bug is found valid the company will offer “Bounty/Reward” to the researcher for his/her efforts.
Step 5. The Bounty/Reward money depends upon the severity of the bug identified.
Average payouts of Bounties based on severity:
Informational: No bounty is rewarded
Low: $50 – $100
Medium: $200 – $500
High: $500 – $ 1000
Critical: More than $1000
How does launching a Bug Bounty Programs help secure the company?
Launching a Bug Bounty programs secures the company in many ways.
It helps to identify each and every single bug on a large-scale-organisation is nearly impossible since developers are constantly updating new features on the company’s website and mobile applications which can have minor bugs.
With the help of launching a Bug bounty program, the company need not require to hire a special team to identify and fix bugs on the platform.
The company also gets the privilege to fix the bug sooner since the bug hunters are specialised in identifying such issues. So the time taken to fix bugs is dramatically lower than ever.
The company only needs to pay the reward when the bug is found valid. This helps the company to save more money since the payout depends on the bug’s severity and how it affects the end user.
Ultimate control remains in the hands of the company itself, due to which the company can decide the amount they are willing to pay for the severity of the bug, the company can also shut or change the program as per their requirements.
How Bug Bounty Programs helps Indian Researchers/Bug hunters?
There are several benefits of Bug bounty programs for researchers and Bug hunters:
Since there is a reward on each bug being reported, the researchers get awarded good money which helps them look for High and Critical bugs since the payout on such bugs is more than Rs. 50,000, which is higher than Average Monthly Salary in India.
Bug bounty hunting is a growing market in India and many talented individuals in India are great at bug hunting.
There is no requirement of qualification or age, any individual can learn his way through bug bounty hunting and create a career in the field.
You get recognition via “Hall of Fame” provided by the company, so you can present your work to your recruiters to showcase how good you are at your job.
Bug bounty hunting is mostly done remotely, this gives the freedom to the researcher to work from anywhere around the world and hunt for bugs on different programs and the reward is received via wire transfer due to which it makes it more easy for the researcher to work at any hour of the day and any place and the reward will be credited directly to your account.
Since, India is a Developing country, people here are new at tech, due to lack of understanding in cybersecurity and privacy, they may fall under the trap of scams by providing valuable information to an attacker or in worse case the attacker can steal valuable information through the company’s application itself. By hosting a Bug bounty program, the researchers tend to remove all possibilities of data leaks, account takeover and many more cases where the users and company is affected.
Companies like Swiggy, Dukaan and Zerodha have made their platforms secured due to which their applications are safer to use than others r, this also helps the company develop competitive advantage by gaining trust and credibility that the user’s personal data is secured with their application.
By implementing Bug Bounty Programs, these companies have speed up the process of fixing major bugs in their applications. This is all possible with the help of these programs where the company gets the privilege to secure the application before the users are affected.
India also has the most safest payment portal BHIM UPI which is more secured tech than other modes of payment. This is all possible by launching bug bounty programs and skilled bug hunters.
However there are many Indian companies who still haven’t adopted the benefits of a Bug Bounty program. If more companies launch bug bounty programs the easier it will be for researchers to help the company fix bugs in their applications.
Where is Bug Bounty Programs listed?
Most companies appoint Bug Bounty platforms where there are existing bug hunters available, which are as follows:
HackerOne
Bug Crowd
Synack
WordPress Webers (Indian Platform)
Bugbase (Indian Platform)
Yes We Hack
These platforms have registered bug hunters who hunt for bugs in return for a bounty. Companies host their programs on these platforms to speed up the process of bug resolution. Any user can sign up for these programs just like you sign up on a social media platform and start your bug hunting journey.
Perks of joining Bug Bounty Platforms?
You get the opportunity to meet people who are bug hunters/researchers and learn from them how to start bug hunting, you can also collaborate with them and hunt for bugs as a team.
As an entrepreneur, one must always think and plan to expand his or her business and always be on the lookout for opportunities. These opportunities can be in your home country or the land the of wealthy, UAE. The lifestyle in the UAE is posh and lux since it is home to some of the wealthiest people in the world.
Trading or manufacturing quality goods or providing worthy service can take to new financial heights as people here are willing to spend money on quality goods and services. With a growing population, needs are increasing and so are the opportunities.
If your wish to start your business in the UAE, below are some best business ideas that you can choose from.
Construction Agency
Constriction Business in UAE – Business ideas in Dubai
A Construction Agency in the UAE can be one of your best bets if wish to start a new business. Due to numerous foreign investors seeking residential opportunities in Dubai and booming real estate has led to increased opportunity in the construction sector. Your agency can build for residential as well as commercial projects. It is one of the most profitable ventures in the UAE.
Real Estate Agency
Real Estate Agency in UAE – Business ideas in Dubai
Real estate has one of the greatest business opportunities in Dubai. There is almost a race going on for skyscrapers. The main reasons for this include increasing rent moderation, supply, and changing demand for executive positions in the employment market. Therefore, it could be a great opportunity for real estate entrepreneurs to initiate a real estate business in the UAE, especially in Dubai
Business in Health Sector
Healthcare Business in UAE – Business ideas in Dubai
The UAE has reported higher birth rates, increased life expectancy, a rapidly shifting epidemiology profile, and a rise in the incidence of noncommunicable diseases. All these factors, combined with a shortage of healthcare workers, and low insurance penetration rates, create bright opportunities for firms looking to enter the health care sector in the UAE.
Many big players in the health sector of UAE from the Gulf Capital itself and also London have seen splendid numbers in revenue. The investment bank Alpen Capital has estimated the healthcare spending in the UAE to expand by 13.1% annually in the next four years. This means that entrepreneurs looking to enter the healthcare sector in the UAE can have a healthy future.
Consultancy Business in UAE – Business ideas in Dubai
With the increasing number of businesses in the UAE, the need for consulting services is at an all-time high. Most of the companies in the UAE are new and at the incubation phase so they require advisory for efficient resource management.
These companies generally outsource their planning and strategy to skillful consultants for more accurate and achievable solutions. Therefore, starting a consultancy can be very profitable since there’s no scarcity of clients in the UAE marketplace.
Beauty Brand or Store
Beauty Store Business in UAE – Business ideas in Dubai
The UAE is the land of wealthy consumers that are very much interested in beauty products. It is one of the best marketplaces for luxury beauty brands to thrive and trader to generate amazing sales. People are willing to spend their money on expensive products if they’re worth it.
The diverse market has many options to choose from. Skincare, Makeup, Haircare, and Fragrances back their seller with great profits. Fragrances constitute a major chunk of the revenue as it is widely used in UAE. If you manage to build a great collection, there’s no limit to what you can achieve.
E commerce business in UAE – Business ideas in Dubai
The Covid-19 pandemic proved to be a catalyst in the growth of the online business sector. It accelerated the growth of e-commerce to new heights. Just in the initial months of 2020, UAE saw a 300% increase in the demand for e-commerce among its customers. Thus, a company to provide easy ways out to such business owners are bound to make profits.
Since many established brands are tilting towards e-commerce, it inevitable that they’re going to need expert solutions in the process which such companies are going to provide.
Fish Farming
The UAE primarily depends on imports to meet its food supply demands. To ensure food security, the government is encouraging foreign and local investments in aquaculture developments. They are willing to provide several incentives for the sector, along with fingerlings of local species, curating aquaculture frameworks, reducing institutional and investment constraints, and mapping out suitable sites for development.
These incentives are coupled with the gradual increase in fish prices have made aquaculture in the region an attractive investment and business proposition.
Recycling Business in UAE – Business ideas in Dubai
Recycling is a relatively infamous yet profitable business. People have made millions in waste. Retail outlets in malls and high-end stores undergo a revamping procedure every two to three years as part of a clean image campaign. This creates opportunity and revenue for contractors.
UAE government is working towards supporting such businesses as they need to manage their overall waste generated each year. Recycling also has great potential in the construction sector as it accounts for 60-70% of the total waste generated.
Security Service
Security service business in UAE – Business ideas in Dubai
There are Security Companies in the UAE that protect the people, private properties, and government entities. It is a profitable business option as there will always be a demand for security guards in the UAE. But you need to decide on a free zone or mainland setup.
If you choose to establish your business in the mainland, you can freely trade with the local market. You can bid for government contracts that can be quite lucrative. On the other hand, is a free zone, you get 100% exemption from customs tax.
Jewellery Making
Home to numerous wealthiest individuals from the world, UAE is the perfect place to line up ajewellery company. The government has created specific rules and regulations to impose check-ups on those who bring gold or other valuable metals which are sold within the Dubai Souk.
The UAE jewellery market had grossed 12 billion dirhams by 2020. Dubai leads the UAE jewellery market as it has tourists who find it cheaper than their home countries and enjoy an outstanding range of exquisite jewellery.
Conclusion
These were some fields in which you can make great profits in the UAE. With supportive laws, some of these sectors can also be sustainable in the long run. Rising demands are creating a market for new businesses that generate great sales and build a strong customer base. You too can establish a successful business in the UAE if you play by the rules, understand the culture, and offer quality service.
FAQs
Which business is profitable in UAE?
Real estate, Business Consultancy and Healthcare are some of the profitable business ideas you can start in UAE.
Is UAE good for business?
Low tax rates, low import duties, free trade agreements, state of the art infrastructure, and a lot of other benefits makes the United Arab Emirates (UAE) a great place to start a new business.
