During my experience program in the Asharqia Chamber
Al Muallem: The continued success of a business is linked to continuous development and a good partner
Yahya Al-Moallem, Vice Chairman of the Board of Directors of Al-Romansiah Company, confirmed that the entrepreneur must pay the success tax, by closely following his business project in its infancy and sacrificing time and money to build the business entity he dreams of and proceeding with the development until it becomes in the stage of stability.
Al-Moallem explained during the "My Experience" program organized by the Asharqia Chamber represented by the Business Youth Council, on Wednesday evening, June 7, 2023, and managed by the Director of Business Development at the "Rital" company, Muhammad Al-Muhammadi, that Al-Romansiah restaurants, like any commercial project, needed to make more efforts during a period Its foundation, patience with challenges and facing them, and continuous development until it became a successful project.
Al-Moallem said that at the beginning of his practical career, he worked in different disciplines from the restaurant sector, until he gained some experience through my simple experiences and formed a clear picture of what I could offer, through Al-Romansiah restaurants, as he aimed to transfer Saudi cuisine from home to the restaurant and appropriately submit orders. Fast and distinctive, so that the customer can get his meal at the same time, and in this way, we were able to compete with companies in the sector and succeeded in that.
Al-Moallem said that commercial projects come in different types, the most prominent of which are the projects that bring profits to the entrepreneur and are not expandable until their profits increase because their profits are high, and the entrepreneur may not even intend to expand, and the star projects, which are projects with a large share in the market and achieve their profits based on On the great demand for its products.
On the stages of developing a commercial project, Al-Moallem said that the project must be developed as well as its products, benefit from the experiences of others, and move from a typical project to a company with a vision, mission, and strategic goals, that includes expansion and introduction of technology, including accounting, control, HR and other systems, and also the exploitation of spaces and their arrangement by It serves the working mechanism within the project, as well as constantly monitoring the market and searching for unserviced places. All of this comes within the transition of your project from a normal business to a fully institutional business that emphasizes continuity.
The teacher explained the importance of the partner as it helps you expand and develop, and said that if you agree with a good partner, this will be reflected in the performance of your project because it will support you in the decision you take to develop your project to achieve continued passion and leadership.
