Getting ready to trade

Authorisation is a major milestone, but it is only the beginning of your journey.

Once you’re authorised, you can begin to focus on building a successful, sustainable brokerage. The decisions you make during the first few months of trading can have a significant impact on your future growth, operational efficiency and customer experience.

While every brokerage is different, most start-ups face a common set of challenges and opportunities. From securing insurer relationships and selecting technology, through to recruiting employees and winning new customers, establishing strong foundations early can help avoid costly mistakes later.

This section of the hub focuses on the practical considerations involved in getting your business ready to trade and positioning it for long-term success.

Securing insurer and market access

Establishing compliance and governance arrangements

Implementing systems and technology

Winning and retaining customers

Managing client money and banking arrangements

Building operational processes

Recruiting and developing staff

Business Planning & Protection

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