Given the increasing importance of business protection in the current economic climate, Jerry Bayman looks at how advisers can attract new business clients.
There are three phases advisers need to consider when attracting business clients: planning, research and approach. The first step advisers need to take is to put a business plan together. Decisions need to be made on the type, size and location of the business they would like to attract. The ideal target is small to medium-sized enterprises as they tend to be more reliant on key people for their survival. These businesses are categorised as having 250 employees or less but it might be better to concentrate on the smaller end – say up to 50 employees – which still accounts for over 97% o...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes