Financial consultants help their clients develop personalized financial plans. People usually need plans for savings, investments and insurance. Finance consultants spend time marketing their business and finding new clients. Are you good at fiance consulting? Would you like to become both certified in financial planning and licensed to sell financial advice? These tips may help you

1. Tips for
STARTING a financial
consulting office
e-writer

2. THINGS TO CONSIDER BEFORE YOU BEGIN
• WHAT CERTIFICATIONS AND SPECIAL LICENSING WILL I
NEED?
• AM I QUALIFIED TO BEGIN A MONETARY COUNSELING
OFFICE?
• AM I SUFFICIENTLY COMPOSED TO WIND UP A SPECIALIST
? (AINSWORTH, 1997, PP. 19-20)
• HAVE I SET LONG-TERM AND SHORT-TERM GOALS?
• DO I LIKE TO NETWORK?
• DO I HAVE ENOUGH SUPPORT FROM FRIENDS AND
FAMILY ?

3. A BUISNESS PLAN
CREATE A
BUISNESS PLAN
WRITE YOUR
NICHE
MARKET,STRATE-
RGIES & YOUR
BUISNESS GOAL
FIND THE
STARTUP
CAPITAL TO
FUND YOUR
BUISNESS
YOUR
CONSULTING
BUISNESS NAME
Design a marketable strategy that determines
• The objectives of the business.
• Particular techniques on the best way to accomplish these
objectives.
• The present condition of the monetary markets.
• The demographics of customers and prospects.
• The most effective method to separate your firm from the
contenders.
• An adaptable advertising arrangement.
• All likely expenses - these ought to be obviously
characterized

4. REGISTRATION AND OTHER LEGAL STUFF
EARN THE
CERTIFIED
FINANCIAL
CONSUTANT
DESIGNATION
GET A
LISCENCE FOR
YOUR
CONSULTANCY
REGISTER
YOUR
CONSULTANCY
PAY YOUR
TAXES
Respect and obey the laws !

5. SETTING UP AN OFFICE SPACE
FIND A SUITABLE LOCATION
MAKE SURE THAT YOUR OFFICE IS AT A NOTICABLE PLACE
A HOME OFFICE MIGHT ALSO BE AGOOD IDEA
MAKE SURE YOU A DESK ,COMPUTER, INTERNET SERVICES & A BUISNESS
PHONE
MAKE YOUR OFFICE ATTRACTIVE
STAY CLASSIC & MAINTAIN A NEAT & TIDY AMBIANCE

6. ESTABLISHING CONTACTS
MARKETING
REQUEST
APPLICATIONS AND
MARKETING
INFORMATION
COLLECT MARKETING
INFORMATION ON
HAND TO SHARE WITH
CLIENTS
STAY CONNECTED
WITH YOUR CLIENTS
& PRODUCT
COMPANIES
ESTABLISH CONTACTS
AT EACH SERVICE &
PRODUCT COMPANIES

7. ADVERTISING AND CREATING A WEBSITE
BETTER ADVERTISING = BETTER
CLIENTS !
BUILD A WEBSITE
MAKE A SITE FOR YOUR
BUDGETARY
ADMINISTRATION
BUSINESS. IT OUGHT TO
RUNDOWN THE
GREATER PART OF THE
MONEY RELATED
ADMINISTRATIONS AND
EXHORTATION YOU
WILL GIVE TO YOUR
CUSTOMERS. MAKE IT
ALLURING AND LET THE
WORLD KNOW YOU ARE
GREAT.
DO GOOD
ADVERTISING
People don’t refer to
yellow pages
anymore. So advertise
about your
consultancy in media
like Papers, Radio etc.
if you can afford
them.
Post online
advertisements
SOCIAL
NETWORKING
Best way to reach
more clients .
ADVERISING
CONSULTANT
Hire an
advertising
consultant who
can do all the
advertising and
promotion works

8. ISSUES TO BE CONSIDERED
• Keep a track on your expenditures
including furniture, rent,
advertising, technology, utilities etc.
COST
• Hire qualified and trustworthy
employees . Give preference to
employees with experience.
HIRING EMPLOYEES
• The business may create inadequate income
to make due, and additionally hazard from
risk and other fiduciary responsibilities
RISKS/LIABILITIES
“SUCCESS IS THE RESULT OF PERFECTION, HARD WORK, DEDICATION TO THE JOB
&THE DETERMINATION THAT WHETHER WE WIN OR LOSE, WE HAVE APPLIED THE
BEST OF OURSELVES TO THE TASK AT HAND”
- COLLIN POWELL

9. KEYS FOR SUCCESSFUL BUISNESS
DEFINE
YOURSELF
DEFINE
YOUR
TARGET
MARKET
BE
PRUDENT IN
SELECTING
YOUR
CLIENTS
BE A
MULTI
TASKER

10. THE BEST PART
YOU GET ENOUGH
SPARE TIME TO SPEND
WITH YOUR FAMILY
A STORY TO TELL
BECAUSE YOU GET TO
DETERMINE THE
STORIES CHAPTERS OF
RUNNING YOUR OWN
BUISNESS
THE FEELING OF DONG
SOMETHING WITH YOUR
LIFE,THE FEELING OF
FULFILMENT.
YOU HAVE JOB
SECURITY. NO ONE IS
GOING TO FIRE YOU
NETWORKING, YOUR
CIRCLE OF FRIENDS
GROW AS YOUR
BUISNESS GROWS

11. References
 Ainsworth, J. H. (1997). How to Become a Successful Financial
Consultant: Making a Living Investing Other People's Money. US: John
Wiley & Sons.