Opening a brokerage firm requires preliminary preparation and familiarization with the area of interest. Any risky business can lead to problems and setbacks in the beginning, but thanks to a well-organized plan, any obstacles can be overcome and start a profitable company.
Instructions
Step 1
Research your area of interest. Talk to expert brokers for advice on providing brokerage services in specific areas, be it the securities or currency markets. Come up with an original idea that will set you apart from other brokerage companies. Create a detailed business plan. Consider whether you will only post your offer on the Internet or open your own office. Obtain your local business license.
Step 2
Talk to investors or bank representatives for funding. Find a professional lawyer to register your firm as a private entrepreneur or limited liability company. Be careful not to overspend in the beginning, as capital will be needed to buy the necessary equipment, hire employees and attract new customers.
Step 3
Prepare the necessary space for your business, purchase software: a computer with high-speed Internet access, telephones, fax. If you are setting up your own office, be sure to organize a place to negotiate and formalize transactions with future clients. Order business furniture that will blend in well with your surroundings.
Step 4
Arrange an interview and hire staff if necessary. They need to know how to attract new customers and carry out stock sales. Conduct business meetings, have your entire state participate in the discussion of current affairs. Everyone should make their own proposal.
Step 5
Choose your target audience. This is not difficult to do if you are able to competently build an action strategy. Be sure to create an ad that is aimed specifically at your consumer. Let everyone know why cooperation with you will be the most beneficial.
