Own exchange will become a really good and very profitable business, according to market participants. However, this case remains relevant only in one existing direction: when working with securities and stocks.
It is necessary
- - Rented premises;
- - notarized documents.
- - brokers;
- - personal bank account.
Instructions
Step 1
Select the type of exchange. In world practice, these institutions are subdivided according to the type of exchange commodity. This means that you can open a commodity (commodity), stock or currency exchange. The last of them is currently considered the most demanded.
Step 2
Register the company as a legal entity. Next, apply to the relevant authorities and get a license to conduct business. Currently, it is better to register a company as a so-called sub-broker. An organization of this type works with the help of other long-known economic structures. Such cooperation is designed to minimize risks and reduce the cost of translating your ideas, and this increases the profitability of the business.
Step 3
Hire the required number of employees. It is good if you are already familiar with professional stock trading brokers. You will not need a lot of employees in the beginning, just a few people who know the business well will be enough. It is not uncommon for entrepreneurs to open an exchange alone and become private brokers.
Step 4
Get finances for running your business. These can be provided by the parent company that is responsible for representing your exchange. Therefore, an additional advantage in starting a business as an exchange sub-broker is the convenience in calculating funds for development, as well as promotion and promotion, since this will be done by your "father" financial organization. The advertising budget can then be divided 50/50.
Step 5
Choose a location according to the state and rent it, it is better to divide it into zones. One of them can be made a reception for clients and stock exchanges, and the other - an office for exchange employees. Telephones and computers with high-speed Internet will become the main means for work. Also, be sure to install a placard showing the current stock summary.
Step 6
Select the appropriate target audience. This is not difficult to do if you are able to correctly build the chosen strategy. For example, it is best to advertise on broadcasting channels, which are popular among young people and middle-aged people.
