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<br /> Business advice for<br /> financial planning start-ups<br /> Thinking of starting your own<br /> financial planning business?<br /> The financial advice market has always been a<br /> ‘cottage industry’ allowing small firms to establish<br /> and thrive. Many advisers have what is termed<br /> lifestyle businesses, one- to three-man bands<br /> with a sufficient number of clients to sustain a<br /> healthy income for themselves and their families.<br /> Others have grown into larger local and regional<br /> companies. And with the entrance of consolidator<br /> companies into the market we are seeing a new<br /> trend towards a growing number of national<br /> companies, which further down the line, could see<br /> the first household financial planning brand names.<br /> With the recent pensions freedoms and other<br /> legislative changes creating greater complexity<br /> around pensions, tax and general financial<br /> planning, the conse<a title="BusinessAdviceforFinancialPlanningStart-ups page 1" href="http://viewer.zmags.com/publication/8030bcaf?page=1"> Business advice for financial planni</a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 2" href="http://viewer.zmags.com/publication/8030bcaf?page=2"> Thinking of starting your own financial planning </a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 3" href="http://viewer.zmags.com/publication/8030bcaf?page=3"> 1. The Business Plan As with all new businesses, </a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 4" href="http://viewer.zmags.com/publication/8030bcaf?page=4"> Diane Weitz, Ashlea Financial Planning </a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 5" href="http://viewer.zmags.com/publication/8030bcaf?page=5"> 2. Define Your Client Much like every other indus</a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 6" href="http://viewer.zmags.com/publication/8030bcaf?page=6"> Smith agrees with this sentiment: “Being a genera</a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 7" href="http://viewer.zmags.com/publication/8030bcaf?page=7"> owner, you need to consider the cost of your prem</a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 8" href="http://viewer.zmags.com/publication/8030bcaf?page=8"> contributions. I would also advise embracing tech</a> <a title="BusinessAdviceforFinancialPlanningStart-ups page 9" href="http://viewer.zmags.com/publication/8030bcaf?page=9"> makes a successful business and look to emulate c</a>