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Are you looking for a Forex brokerage business plan template? Here is a sample business plan for a Forex brokerage firm and free feasibility report. Starting a forex brokerage firm is no walkover. It needs adequate preparations and planning for success to be realized. However, one of the most vital ingredients to the success of businesses and in particular a forex brokerage firm, is the availability of a sound business plan.
It is with this in view that this forex broker company plan sample was developed with the most detailed precision to guide a new brokerage firm to maturity, profitability and stability. Because it is a brokerage firm, it means that it would have several clients under its operations and hence, the need to provide premium services to its clients is captured within this business plan sample.
Intending to serve as a foreign exchange business firm serving both to individuals and businesses. This company also intends to trade currencies over the internet with well trained and certified forex traders handling this aspect of operations of the company. Finance Dynamics forex brokerage is a client driven and client focused company which intends to serve clients at the lowest possible cost.
Among the services that will be provided by Finance Dynamics is trading on behalf of clients. The goal of this brokerage firm is to provide professional and result driven services to esteemed corporate and individual clients. With the high professional service delivered, we intend to gain the absolute trust of our esteemed clients. This is in a bid to get things right from inception.
A profit sharing formula based on performance will be put in place to reward members of staff for loyalty. This is to bring about motivation among members of staff. Among the roles and responsibilities of this officer are the responsibilities of managing, leading and making sure the business is running at a profit.
Also, this office monitors and oversees the other offices within the brokerage. It is also responsible for the fixing of prices and the signing of business deals. They will also be involved in handling business financial transactions such as the buying and selling of currencies from leading economies, and also the provision of advisory services to clients, both corporate and individual.
This office will replenish office supplies, evaluation of stock and also the review of HR policies. It will also be defining possible job positions for hiring and also the management of the hiring process and procedure. It will also provide training and assessment for employees. This office will handle business research, marker surveys and feasibility studies for clients. It will deal with the documentation of customer information and contact and also help increase sales and growth for the company.
This office will handle all financial transactions on behalf of the company. Among the services to be provided by Finance Dynamics LLC are; the buying and selling of forex especially leading currencies from the major financial centers across the world; making available advisory services and advice on related matters and also; trading forex on behalf of our esteemed clients made up of both corporate and individuals. This is a gap that Finance Dynamics LLC intends to fill by receiving deposits in the local currency and converting same to the currency of choice for trading.
Hence, in order to increase this, it has been analysed that through making available the skills required for trading the markets, it will create a win-win situation where clients are armed with the right knowledge and also, our brokerage firm benefits from an increase in client patronage.
It is in view of this that we have hired top-notch business developers to handle sales and marketing. Sales and marketing strategies have been put in place to attract clients.
Some of these strategies include;. Such things include; the cost fee required for incorporating the business; the capital required for the purchase or hire of a befitting office complex; the cost for purchase of necessary software; the cost of building and launching a befitting website etc.
This is possible through a sales forecast based on information gathered on the field. This projection is done with the assumption that there would be no major economic meltdown. It starts from its first year of operations to its third year in that order;. Please note that these projections might be higher or lower and also depends on the fact that other competitors will not be offering as much value added services as we do.
This is what a forex brokerage business plan sample should look like, taking into account all the details necessary for its smooth take-off. Your email address will not be published. Please enter an answer in digits: Leave a Reply Cancel reply Your email address will not be published.