start a finance company

start a finance company

How to Start a Commercial Finance Company

Learn what you need to know to launch a commercial finance business.

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Commercial finance companies provide loans to commercial customers for a variety of business needs. Commercial customers can include retail stores, construction contractors, and medical or legal professionals. Commercial financing needs can range from building loans for constructing an office building or mall to start-up loans for getting a new business up and running. Commercial finance is separate from residential finance, so commercial finance companies focus exclusively on the business world. As a result, starting a commercial finance company requires some knowledge of the industry, an ability to acquire the necessary funding for loans, and a willingness to pursue clients.

1. Apply for incorporation to establish your company as its own legal entity. As a general rule, most small businesses need to be legally separate from the owner. For a commercial finance company, this separation is essential. In the event that the company runs into financial difficulties, the creditors cannot go after the owner’s personal assets as easily if the business functions as a separate legal entity.

2. Create a business plan that clearly indicates how you will operate the company and how you will provide the financing. Your state’s regulatory agency will need to see this business plan in order to provide the necessary licensing, so be sure the business plan is complete and detailed, explaining the types of loans you will offer, the types of clients you will work with, and the interest rates that you will charge.

3. Apply to your state’s department of financial regulation for business licensing. A commercial finance company is in the business of lending money to other customers, and each state has strict rules for this type of work. To be sure of what you will need in advance of application, contact the state’s financial regulatory agency to discuss the documentation with someone there.

4. Submit proof of income to the state’s financial regulatory agency to show that you can, in fact, lend money. If you are going into business with partners, submit the full amount of financing that will come from you as well as your partners.

5. Pay all fees for licensing and bonding to the state. Each state has its own licensing fees, so the cost will vary based on where you live. Expect the licensing cost to be upwards of $1,000. In addition, provide the surety (or security) bond to the state. The surety bond guarantees that you have the money to advance to other customers. A commercial financing surety bond should be at least $50,000 and more likely $100,000, depending on the type of businesses to which you plan to loan. Finally, pay the investigation fees that the state requires to prove you have not engaged in fraudulent loan practices in the past. This fee will cost at least $1,500.

6. Create loan packages to show your clients. Consider the types of clients you will be working with and the types of loans they will need. Whether you will be loaning to small start-up businesses or large building firms, design loan packages with your clients in mind.

  • Incorporation documents
  • Business plan
  • Business license from state
  • Surety (or security) bond for state
  • Education courses in commercial finance and business
  • Background in commercial finance work
  • Office space for work

Kristie Lorette started writing professionally in 1996. She earned her Bachelor of Science degree in marketing and multinational business from Florida State University and a Master of Business Administration from Nova Southeastern University. Her work has appeared online at Bill Savings, Money Smart Life and Mortgage Loan.

Learn to Become a finance advisor & start a finance company

Welcome to the course on ''Learn Become a finance advisor and start a finance company''

Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. Finance aims to price assets based on their risk level and their expected rate of return Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.

Financial position is concerned with understanding the personal resources available by examining net worth and household cash flow. Net worth is a person's balance sheet, calculated by adding up all assets under that person's control, minus all liabilities of the household, at one point in time. Household cash flow totals up all the expected sources of income within a year, minus all expected expenses within the same year. From this analysis, the financial planner can determine to what degree and in what time the personal goals can be accomplished.

Personal finance may involve paying for education, financing durable goods such as real estate and cars, buying insurance, e.g. health and property insurance, investing and saving for retirement. Personal finance may also involve paying for a loan, or debt obligations.

Capital, in the financial sense, is the money that gives the business the power to buy goods to be used in the production of other goods or the offering of a service. (The capital has two types of resources, Equity and Debt).

The deployment of capital is decided by the budget. This may include the objective of business, targets set, and results in financial terms, e.g., the target set for sale, resulting cost, growth, required investment to achieve the planned sales, and financing source for the investment.

You will gain the knowledge that you need for your academic and professional development and to learn that how Personal finance is involved in our professional, educational and daily life.

I hope that this course will enhance your appreciation for the study of personal finance in our world.

  • Write a personal financial plan
  • Develop your financial goals
  • Create and implement your financial action plan
  • Identify alternative courses of action
  • Start a finance company
  • Creating a business plan
  • Write a financial aid statement
  • Write a statement for schlorship
  • Become a financial advisor
  • Write a financial report

How to Start a Finance Company

Finance companies provide loans to individual and commercial customers for a variety of reasons. Commercial customers can include retail stores, small businesses or large firms. Commercial loans can help established businesses construct a new office or retail space, or they can help new business get up and running. Personal loans for individual customers can include home equity loans, student loans and auto loans. Starting a finance company requires not only a thorough understanding of your target customer's needs and a comprehensive product line, but also a solid business plan that outlines how you will make your company successful. In addition,any new finance company must comply with strict state and federal regulations and meet initial funding requirements.

Identifying the Finance Company Business Model Edit

How to Start a Small Finance Company

A small finance company is one that specializes in making secured loans to consumers and businesses. Typical transactions include home equity loans, vehicle loans and installment loans for the purchase of major household appliances such as refrigerators and washing machines. Finance companies differ from banks in that they do not accept deposits from customers. Some small finance companies are independent and restrict their market area to one local area, while others have a nationwide presence, with branch offices throughout the United States. Each state regulates the finance companies located there.

Study the market you intend to serve. It may be a city, a county or a larger area. To understand the potential loan demand in your market area, investigate the demographics (i.e., the characteristics of the area’s population, especially age and income) and identify potential business customers.

Identify your state’s regulator of small finance companies. This government entity may be the same as the regulator of banking in your state. After you make contact, obtain the necessary information about how to qualify as a finance company.

Hire outside professionals to assist you in founding your finance company. An attorney or a law firm with experience in financial services will guide you through the many laws and regulations you will encounter. A well-qualified certified public accountant or accounting firm is necessary for establishing financial controls, auditing your books and records, and producing financial statements.

Form your business if you have not already done so. When you fill out the application form, you will have to indicate whether your business is a proprietorship, a limited liability company or a corporation.

Complete your business plan. This will be necessary in case you plan to obtain funding from outside investors. Potential investors will require a suitable business plan that contains detailed financial projections over the next three to five years. It is customary for finance companies to fund their loan business with lines of credit from banks. Those banks will need to study your business plan as well during their approval process.

Apply to the regulator for your license to conduct business as a finance company. Consult your business plan for the information you need for filling in the official forms. Be prepared to attach a check for the application fee. For approval to be final, you will have to obtain a surety bond or an irrevocable letter of credit to support your lending activity. The state regulator will inform you of the amounts.

Locate, lease and furnish a suitable office for conducting business. Hire and train staff. Advertise your business and continue marketing. When you receive final, official approval from the regulator, you can commence business.

Starting a Micro Finance Company With No Money – A Complete Guide

Do you want to start a micro finance company? If YES, here is a complete guide to starting a micro finance business with NO money and no experience.

Okay, so we have provided you an in-depth sample micro finance business plan template. We also took it further by analyzing and drafting a sample micro finance marketing plan backed up by actionable guerrilla marketing ideas for micro finance businesses. In this article, we will be considering all the requirements for starting a micro finance business. So put on your entrepreneurial hat and let’s proceed.

Why Start a Micro Finance Company?

Loads of investors and entrepreneurs are interested in owning a bank but they find it difficult to meet the expected capitalization for a bank and also the requirements needed to obtain a banking license. If you are indeed interested in owning a bank but don’t have what it takes to own one, then you should focus on starting a micro finance bank; the capitalization and license requirements for a micro finance bank is far lower than a standard bank.

Starting a micro finance bank can be demanding and risky at the same time, but if you have done your due diligence before venturing into the business, you are likely not going to run at a loss. First and foremost, you are expected to have experience in the financial industry. It will pay you to study accountancy or banking and finance if indeed you want to venture into this line of business.

It is very needful that you analyze the existing micro finance banks in and outside of your area. Know how many there are. Also, you would be required to check the existing competition, as well as know their strength and weaknesses. Knowing the weaknesses of the existing micro finance banks around you means that you would be able to learn from their mistakes and in turn come up with a better and more preferred micro finance banking services devoid of the mistakes and weaknesses of others.

So, if you have done the required feasibility studies and market research, then you might want to venture into this business. If you have been tinkering with starting your own micro finance bank, but do not know how to go about it, then you should consider going through this article; it will sure give you the needed guide and direction.

Starting a Micro Finance Company With No Money – A Complete Guide

Micro money lending (Microcredit or Microloans as it is also called) are small loans that are given by individuals rather than banks or other related financial institutions. These loans can be given by a single person or gathered across a number of persons who each contribute a portion of the total amount. The micro money lending business is a business that is part of the micro finance industry.

Micro money lenders basically give out loans of $50,000 or less to startups and other small-scale businesses or individuals. More often than not, micro loans are given to people in Third World countries, where traditional financing is not available, to help them start small businesses.

Micro lenders receive interest on their loans and repayment of principal once the loan has matured. Due to the fact that credit status of these borrowers may be quite low and the risk of default high, micro loans command above the average market interest rates making them attractive for investors to come in.

Statistics show that as at 2009, an estimated 74 million men and women held microloans that amounted to US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent.

The Micro Money Lending cum Micro Finance industry is indeed a thriving and profitable industry especially in third world countries like Bangladesh (where it originated from), Botswana, South Africa, Kenya, Uganda, India and a host of other countries.

The Micro Money Lending cum Micro Finance industry will continue to blossom because people and small and medium scale businesses will always need financial services from micro finance banks. Despite the fact that the industry seems over-saturated, there is still room big enough to accommodate aspiring entrepreneurs who intend opening their own micro finance banks.

Over and above, starting a micro finance bank requires professionalism and a good grasp of how micro finance banking works. Besides, you would need to get the required certifications and licenses and also meet the standard capitalization for such business before you can be allowed to start a micro finance bank in the United States. The industry is heavily regulated to guard against financial fraud, money laundry and criminality.

Starting a Micro Finance Company With No Money – Market Research and Feasibility Studies

  • Demographics and Psychographics

The demographic and psychographic composition of those who require the services of micro finance banks cut across people and start-ups who need a structured daily savings plan or access to quick loans but don’t have the requirements to access these loans from banks and other standard financial lending institutions.

So, if you are looking towards defining the demographics for your micro finance bank, then you should make it all encompassing. It should include start-ups, mom and pop business owners, artisans, aspiring entrepreneurs and workers within your area of operation.

List of Niche ideas Within the Micro Finance Industry That You Can Specialize in

There are no niche ideas within the micro finance banking industry; micro finance banks basically give out loans of $50,000 or less to startups and other small-scale businesses or individuals and also carry out micro finance banking activities such as daily savings/contributions. Some micro finance banks may also operate on the internet; that is, people can access their micro loans without physically residing within the locations where the micro finance bank is located.

The Level of Competition in the Micro Finance Banking Industry

The level of competition in the micro finance banking industry does not in any way depend on the location of the business since most micro finance banks and other micro money lending ventures can operate online and from any part of the world and still effectively compete in the micro money lending industry.

But over and above, there are several micro money lending ventures and micro finance banks scattered all around the United States and in the cyber space. So, if you choose to start your own micro finance bank in the United States, you will definitely meet stiff competition not only amongst micro finance banks and micro money lending ventures in the United States, but also all over the globe especially if you choose to also operate online. Besides, there are well- established micro finance banks and micro money lending firms that determine the trends in the industry and you should be ready to compete with them for clients.

List of Well – Known Brands in the Micro Finance Industry

In every industry, there are always brands who perform better or are better regarded by customers and the general public than others. Some of these brands are those that have been in the industry for a long while and so are known for that, while others are best known for how they conduct their businesses and the results they have achieved over the years.

These are some of the leading micro finance banks and micro money lending services firms in the globe;

  • ASA – Bangladesh
  • Bandhan (Society and NBFC) – India
  • Banco do Nordeste – Brazil
  • Fundación Mundial de la Mujer Bucaramanga – Colombia
  • FONDEP Micro-Crédit – Morocco
  • Amhara Credit and Savings Institution – Ethiopia
  • Banco Compartamos, S.A., Institución de Banca Múltiple – Mexico
  • Association Al Amana for the Promotion of Micro-Enterprises – Morocco
  • Fundación Mundo Mujer Popayán – Colombia
  • Fundación WWB Colombia – Cali – Colombia
  • Consumer Credit Union ‘Economic Partnership’ – Russia
  • Fondation Banque Populaire pour le Micro-Credit – Morocco
  • Microcredit Foundation of India – India
  • EKI – Bosnia and Herzegovina
  • Saadhana Microfin Society – India
  • Jagorani Chakra Foundation – Bangladesh
  • Grameen Bank – Bangladesh
  • Opportunity Fund
  • Accion New Mexico
  • CDC Small Business Finance Corp.

When it comes to starting micro money finance bank, you just have to get your feasibility studies and market research right before venturing into the business. It is good to mention that micro finance banking services is not for rookies; it is for professionals who have successfully gathered the required experience and expertise to handle such business. But an aspiring entrepreneur can learn ropes on the job. You just have to be careful so that you won’t get swindled.

Starting this kind of business definitely entails that you raise plenty of startup capital (pool cash from interested investors). If you are already a wealthy person, this might not be an issue. Conversely, if you cannot, you may want to consider pulling the resources from family and friends. Depending on the scale at which you want to start from, you might require as much as multiple thousands of dollars to take off.

If you get your economic and cost analysis right before launching the business, you may not have to stay long before you break even.

Starting Your Micro Finance Bank Venture from Scratch vs Buying a Franchise

When it comes to starting a business of this nature, it will pay you to buy the franchise of a successful micro finance bank as against starting from the scratch. Even though it is relatively expensive buying the franchise of a micro finance bank, but it will definitely pay you in the long run.

But if you truly want to build your own brand after you must have proved your worth in the micro finance banking services industry or other related financial services industry, then you might just want to start your own micro finance bank from the scratch.

The truth is that it will pay you in the long run to start your micro finance bank from the scratch. Starting from the scratch will afford you the opportunity to conduct thorough market survey and feasibility studies before choosing a location to launch the business.

Possible Threats and Challenges You Will Face When Starting a Micro Finance Bank

If you decide to start your own micro money lending services firm today, one of the major challenges you may face is the presence of well-established micro finance banks, micro money lending firms and also other related financial lending institutions (banks, mortgage banks and payday loan services firm et al) who are offering same services that you intend offering. The only way to avoid this challenge is to create your own market.

Some other threats that you are likely going to face as a micro finance bank operating in the United States are unfavorable government policies, the arrival of a competitor within your location of operation and global economic downturn. There is hardly anything you can do as regards these threats other than to be optimistic that things will continue to work for your good.

Starting a Micro Finance Company With No Money – Legal Matters

  • Best legal entity to use for a finance business

When considering starting a micro finance bank, the legal entity you choose will go a long way to determine how big the business can grow.

You have the option of either choosing a general partnership or limited liability company which is commonly called an LLC for a business such as a micro finance bank. Ordinarily, general partnership should have been the ideal business structure for a small scale micro finance bank especially if you are just starting out with a moderate startup capital. But people prefer limited liability Company for obvious reasons.

As a matter of fact, if your intention is to grow the business and have clients both corporate and individual from all across the United States of America and other countries of the world, then choosing general partnership is not an option for you. Limited Liability Company, LLC will cut it for you.

An LLC protects you from personal liability. If anything goes wrong in the business, it is only the money that you invested into the limited liability company that will be at risk. Limited liability companies are simpler and more flexible to operate and you don’t need a board of directors, shareholders meetings and other managerial formalities.

These are some of the factors you should consider before choosing a legal entity for your micro finance bank; limitation of personal liability, ease of transferability, admission of new owners, investors’ expectation and of course taxes. You can start this type of business as limited liability company (LLC) and in future convert it to a ‘C’ corporation or an ‘S’ corporation especially when you have the plans of going public.

Catchy Business Name Ideas Suitable for a Micro Finance Bank

Generally, when it comes to choosing a name for a business, it is expected that you should be creative because whatever name you choose for your business will go a long way to create a perception of what the business represents.

If you are considering starting your own micro finance bank, here are some catchy names that you can choose from;

  • Silver Bird Micro Finance Bank, LLC
  • Life Line Micro Finance Bank, Inc.
  • Trend Vibes Micro Finance Bank, LLC
  • Calyx Group Micro Finance Bank, Inc.
  • Santiago Anglican Community Micro Finance Bank, LLC
  • Fleming Hills Micro Finance Banks, LLC
  • James Capstone Micro Finance Bank, LLC
  • Beach Land Micro Finance Bank, Inc.
  • CPC Micro Finance Bank, Inc.
  • Gill Gates Micro Finance Bank, Inc.
  • Shannon Stevens Micro Finance Bank, Inc.
  • Range Hills Micro Finance Bank, Inc.

In the United States and in most countries of the world, you cannot operate a business without having some of the basic insurance policy covers that are required by the industry you want to operate from. So, it is imperative to create a budget for insurance policy covers and perhaps consult an insurance broker to guide you in choosing the best and most appropriate insurance policies for your micro finance bank.

Here are some of the basic insurance policy covers that you should consider purchasing if you want to start your own micro finance bank in the United States of America;

  • General insurance
  • Risk Insurance
  • Credit insurance
  • Deposit insurance
  • Financial reinsurance
  • Lenders mortgage insurance
  • Health insurance
  • Liability insurance
  • Workers compensation
  • Overhead expense disability insurance
  • Business owner’s policy group insurance
  • Payment protection insurance

Intellectual Property Protection/Trademark

If you are considering starting your own micro finance bank, usually you may not have any need to file for intellectual property protection/trademark. This is so because the nature of the business makes it possible for you to successfully run the business without having any cause to challenge anybody in court for illegally making use of your company’s intellectual properties.

Is Professional Certification Needed to Run a Micro Finance Company?

Professional certification is one of the main reasons why most micro finance banks stand out. If you want to make impact in the micro finance banking services industry, you should work towards acquiring all the needed certifications in your area of specialization. Certification validates your competency and shows that you are highly skilled, committed to your career, and up-to-date in the competitive market.

These are some of the certifications you can work towards achieving if you want to run your own micro finance bank;

  • Micro-Lending License
  • Certificate in Microfinance Banking Operations

Please note that you cannot successfully run a micro finance bank in the United States and in most countries of the world without acquiring professional certifications and business licenses, even if you have adequate experience cum background in the industry.

List of Legal Documents You Need to Run a Micro Finance Bank

These are some of the basic legal documents that you are expected to have in place if you want to legally run your own micro finance bank in the United States of America;

  • Certificate of Incorporation
  • Business License and Certification/Micro Finance Banking License
  • Business Plan
  • Non – disclosure Agreement
  • Employment Agreement (offer letters)
  • Operating Agreement for LLCs
  • Insurance Policy
  • Consulting contract documents
  • Online Terms of Use
  • Online Privacy Policy Document
  • Apostille (for those who intend operating beyond the United States of America)
  • Company Bylaws
  • Insurance Policy
  • Memorandum of Understanding (MoU)

Financing Your Micro Finance Bank

Asides from the required capitalization and pool – funds to invest with, starting a micro finance bank can be cost effective. Securing a standard office in a good business district, equipping the office and paying your employees are part of what will consume a large chunk of your startup capital.

No doubt when it comes to financing a business, one of the major factors that you should consider is to write a good business plan. If you have a good and workable business plan document in place, you may not have to labor yourself before convincing your bank, investors and your friends to invest in your business.

Here are some of the options you can explore when sourcing for startup capital for your micro finance bank;

  • Raising money from personal savings and sale of personal stocks and properties
  • Raising money from investors and business partners
  • Sell of shares to interested investors
  • Applying for loan from your bank
  • Pitching your business idea and applying for business grants and seed funding from donor organizations and angel investors
  • Source for soft loans from your family members and your friends.

Choosing a Suitable Location for your Micro Finance Company

Micro finance banks and most financial services based type of businesses require that you see physically with your clients hence it must be located in good location; a location that is prone to both human and vehicular traffic and a location that is at the epicenter of a business district if indeed you want to attend to loads of clients and maximize profits from the business,

Most importantly, before choosing a location for your micro finance bank, ensure that you first conduct a thorough feasibility studies and market survey. The possibility of you coming across similar business that just closed shop in the location you want to open yours can’t be ruled out. This is why it is very important to gather as much facts and figures before choosing a location to set up your own finance bank.

These are some of the key factors that you should consider before choosing a location for your delivery and courier Services Company;

  • The demography of the location
  • The demand for the services of micro finance banks in the location
  • The purchasing power and business activities in the location
  • Accessibility and road network of the location
  • The number of micro finance banks and micro money lending ventures in the location
  • The local laws and regulations in the community/state
  • Traffic, parking and security

Starting a Micro Finance Company With No Money – Technical & Manpower Details

On the average, there is no special technology or equipment needed to run this type of business except for customized micro finance banking software, social media management software applications and other financial related software apps.

But you will definitely need computers/laptops, internet facility, telephone, fax machine and office furniture (chairs, tables and shelves). Some of these items can be gotten as fairly used especially from organizations who are selling off or auctioning their office furniture, computers and equipment.

If you have enough capital to run a standard micro finance bank, then you should consider the option of leasing a facility for your office.

As regards the number of employees that you are expected to kick start the business with, you would need to consider your finance before making this decision. Averagely, you would need a Chief Executive Officer or President (you can occupy this role), an Admin and Human Resource Manager, Head of Operations, Risk Manager, Operation Staff, Accountant, Business Development Executive/Marketing Executive, Loan Officers, Debt Collectors and Customer Service Officer.

Over and above, you would need a minimum of 10 to 20 key staff to effectively run a medium scale but standard micro finance bank. If you are just starting out you may not have the financial capacity or required business structure to retain all the professionals that are expected to work with you which is why you should make plans to partner with other financial consultants/experts that operate as freelancers.

The Service Delivery Process of a Micro Finance Bank

On the average, the way micro finance banks work is similar, but ideally a micro finance bank is expected to first and foremost build a robust company profile before sourcing for working capital.

Basically, micro finance banks operate in the same way other banks and micro lending services firms do. They get people to invest with them and pay them interest, while lending out that money to people who ask for loans and charge interest on those loans.

The difference between micro finance banks/micro lenders and banks is that banks have a ceiling on the amount of interest they can charge, which is stipulated in the Usury Act. Micro lenders can charge any interest rate they like because of an exemption in the Usury Act.

It is important to state that a micro finance bank may decide to improvise or adopt any business process and structure that will guarantee them, good return on investment (ROI) efficiency and flexibility; the above stated business cum services process is not cast on stone.

Starting a Micro Finance Company With No Money – The Marketing Plan

  • Marketing ideas and strategies

As a micro finance bank, you would have to prove your worth over and over again before attracting investors and individuals to give you the needed liquid cash/working capital. So, if you have plans to start your own micro finance bank, it will pay you to first build a successful career in the financial services industry.

People and organizations will only commit their money under your care if they know that they are going to get good returns on their investment.

So, when you are drafting your marketing plans and strategies for your micro finance bank, make sure that you create a compelling personal and company profile. Aside from your qualifications and experience, it is important to clearly state in practical terms what you have been able to achieve in time past as it relates to the financial services industry and the organizations you have worked for. This will help boost your chances in the market place when sourcing for clients/investors.

Please note that in most cases, when sourcing for funds from banks and other financial institutions, you will be called upon to defend your proposal, and so you must be pretty good with presentations. Here are some of the platforms you can utilize to market your micro finance bank;

  • Introduce your business by sending introductory letters alongside your brochure to all the corporate organizations, households, mom and pop businesses, start-ups, small and medium scale businesses in the location you intend operating your business
  • Advertise your business in relevant financial magazines, radio and TV stations (make yourself available for micro finance banking services related talk shows and interactive sessions on TV and Radio)
  • List your business on local directories/yellow pages
  • Attend international micro finance and financial services expos, seminars and business fairs
  • Create different packages for different category of clients in order to work with their financial needs as it relates to savings, micro loan and interest rates
  • Leverage on the internet to promote your business
  • Join local chambers of commerce and industries around you with the aim of networking and marketing your services; you are likely going to get referrals from such networks.
  • Engage the services of marketing executives and business developers to carry out direct marketing

Strategies to Boost Your Micro Finance Brand Awareness and Create Your Corporate Identity

If your intention of starting a micro finance bank is to grow the business beyond the city where you are going to be operating from to become a national and international brand, then you must be ready to spend money on promotion and advertisement of your brand.

In promoting your brand and corporate identity, you should leverage on the print, electronic and social media (the internet). As a matter of fact, it is cost effective to use social media platforms to promote your brand, besides it is pretty much effective and wide reaching.

Below are the platforms you can leverage on to boost your brand and to promote and advertise your business;

  • Place adverts on financial magazines and related newspapers, radio and TV stations.
  • Encourage the use of word of mouth publicity from your loyal customers
  • Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook, Twitter, LinkedIn, Snapchat, Badoo, Google+ and other platforms to promote your business.
  • Ensure that you position your banners and billboards in strategic positions all around your city
  • Distribute your fliers and handbills in target areas in and around our neighborhood
  • Contact corporate organizations, households, mom and pop businesses, start-ups, small and medium scale businesses in the United States et al by calling them up and informing them of your organization and the services you offer
  • Advertise your business in your official website and employ strategies that will help you pull traffic to the site
  • Brand all your official cars and ensure that all your staff members and management staff wears your branded shirt or cap at regular intervals.
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