This business proposal discusses the motivation for choosing the stock broker market, the process of generating the business idea, feasibility studies conducted, details of the product/service to be offered, potential market opportunities, attractiveness of the industry, and the vision for the business.
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Business proposal on (Stock Broker Market)
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Introduction In this business proposal I will be discussing the following; Motivation for choice of business The process you went through to generate this business idea Feasibility studies conducted Details of the product/service to be offered Potential market opportunities Attractiveness of the industry Vision for your business
Motivation for choice of business A stock broker is a professional at providing financial advice. In this sense they are familiar with the multifaceted nature of the market and discover the focal points, weaknesses, risks and benefits identified by the corporate vehicle budget structure. Many traders face losses due to wrong advice or incomplete information by agents or brokers. Customers have lose their faith in agents due to bearing losses; as at the time of opening account, these brokers make promises that they will give right and profit making call but in reality it doesn’t happen.
Process you went through to generate the business idea Internet research, mind maps and analyses of own skills have been used to reach at conclusion and deciding about which business has to be started. Techniques: Internet research: Internet browsing is the act of using Internet data, especially free data on the World Wide Web, or web-based resources (such as collecting internet conversations) in search. Mind Maps: A brain map is an image that has been used to organize data externally. A brain map is advanced and shows the connections between the parts of the whole.
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Details of the product/service to be offered A wide range of global business segments will be offered to part of a regular UK private buyer and it is worth considering whether the exchange squares of £ 2,500 are at least 5,000. The costs of converting the money will be lower and for those customers who come in for one year they will get one 5% discount on different administrations. Various services provided by Company will be: 1. Financial advice 2. Help assessing in current financial situation 3. Set clients financial goals 4. Advice on buying and selling securities 5. Making Recommendations 6. Provide research 7. Compile tailored investment plans
Feasibility studies conducted -The business is viable and feasible as a small team of 6 experts with one chartered accountant is enough to start the business. There’s huge market gap for accurate broker service which makes this business profitable and high demanded. -Yes, business idea is worth pursuing because investors are hopeless in getting right advice and complete information. Other broker firms failed to give proper advice because they failed to understand what investors really wants. These firms only focus on quantity not quality. Product/service feasibility •Components of a financial feasibility analysis •Financial feasibility should include the following elements: •Calculation of overall project cost and needed start-up cash; •Identification and analysis of available budget for project development; •Financial rates of return (Profit Margin, Return on Assets, Return on Equity, Return on Sales, etc.); •Predicted growth of sales during the first 5-7 years in a clearly defined niche market; •Cash flow predictions and liquidity; •Pro forma financial statements; •Historical and industry averages, financial performance of similar businesses; •Assumptions made regarding inflation rate, discount rate, depreciation; •Annual Debt Service Cover Ratio and Loan Life Cover Ratio.
Feasibility studies continued .. Organizational feasibility -Business has sufficient expertise in the form of 2 financial specialized interns, 3 experienced agents of stock market and 1 chartered accountant having experience in stock market of more than 3 years. Chartered accountant is recruited based on salary + 20% stake in company’s revenue. Financial feasibility -Startup cash needed: -FINRA registration:£15,000 -State registration: :£10,000 -Consultants: :£25,000 -Employees: :£30,000 -Deposit to clearing firms:£20,000Total: £100,000
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Potential market opportunities Potential market opportunities More people in UK are concerned about passive income in limited budget. Every investor wants their money to work from them. But after the crisis of 2008; where giant banks get bankrupted have raise a fair into the mind of clients about whether to take risk or not. In stock broker market; there is huge gap in providing near to accurate information’s to client on real time basis. Booking stock on current call basis where variation in stock prices records in less than second is not possible. To alternate this; investors trading account will be managed by team itself and if investors have a time and want advice on particular stock will also assist by experts by doing proper market research.
Attractiveness of the industry
Vision of your business In future company will become billion pounds organization and attract clients from across the world. The main growth USP is experts advice and trust on team; hence, franchise will not be given but new branch will be opened with those candidates who are able to complete the six months training and pass the exam. The vision is to become global company giving advices about not only London stock exchanges but the local stock exchange of particular country.
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Conclusion Trying todefinethemarketingmix inFinancial InvestmentServicesCompanies, due to the characteristics of shared funds, which were the sources of fundamental analysis, it is possible to pursue the following conclusions: The promotion mix for financial investment services companies is decided entirely on the basis of 7 parts; A valuation strategy should be considered in times of security or financial development. In the event of an emergency that will not result in imminent differences in different types of costs, as a result of which the market is tightly regulated, this strategy of financial investment services companies has an impact between competitions; Given the current pattern of viewing the web in all aspects of a move, it is common for internet exchange rates to take action. Linked to this model and how advertising should be provided tools to reach speculators.
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