Your step-by-step guide to setting up a business

Setting up a business is many advisers’ dream. The end result can be a profit-heavy, successful career and the chance to become a highly respected figure in the industry. But going at it alone is no easy task and for many IFAs a scary thought, especially in light of the upcoming RDR. Done right, with strong focus and good planning, the business can be a success. Done wrong and the ill-fated company could end in financial disaster. So how should you, the IFA, go about setting up your own business and what are the key pieces of advice to remember? Business plan The best place to...