Business Plan: Financial Advisor Connection Platform

Executive Summary:

The financial advisor connection platform will serve as a marketplace where individuals can find reputable and verified financial advisors to create personalized financial plans at affordable rates. This platform will provide users with access to a curated list of financial advisors who have been vetted for their expertise and professionalism, ensuring quality service for each client. By connecting people with the right financial advisor for their needs, the platform aims to help individuals make informed decisions about their financial future.

Business Model:

The platform will generate revenue through a commission-based model. Financial advisors will pay a percentage of the fees they earn from clients referred through the platform. Clients will have the option to schedule consultations with advisors either on an hourly basis or for a fixed fee for a comprehensive financial plan. The platform will handle the payment processing and scheduling of appointments, making it a seamless experience for both clients and advisors.

Marketing Strategy:

The platform will initially target individuals who are seeking financial advice but are unsure of where to start. Marketing efforts will focus on promoting the platform as a trusted source for connecting with reputable financial advisors. Strategies will include digital marketing, content creation, social media advertising, and partnerships with financial blogs and influencers. The goal is to build brand awareness and establish credibility in the market.

Financial Projections:

Monthly revenue: The platform will earn revenue through commissions on financial advisors' fees. Assuming an average commission rate of 15% on advisors' fees and an estimated monthly total fees earned by advisors of $50,000, the projected monthly revenue would be:
$50,000 * 15% = $7,500

Estimated MRR:

Estimated MRR: $7,500