I'm setting up a professional body for corporate finance firms (and business brokers and other firms assisting in business disposals and acquisitions). I seek your advice and suggestions.
ICAEW have a little directory of corporate finance firms, but this doesn't seem to be a top priority for them. In any case, they aren't interested in featuring business brokers, M&A advisory firms etc. Obviously. And they certainly wouldn't feature legal firms, VDR providers, escrow companies and all the other services around transactions.
I'm starting with a directory, I do have the most comprehensive set of data on who does what when it comes to providing services to buyers and sellers of businesses - from the business transfer agents to business brokers to CF and transaction advisory firms (operating in the lower mid-market to mid-market space) and some data on providers of related services.
My endeavour would be to expand that directory into a wider service organising events, discounts on CPD opportunities etc and providing market data and other member benefits.
I'm fortunate in that I do also know a lot of people in the industry - people working in corporate finance & people running business broker firms. And I've run the odd business or two over the last 35 years. But I'm sorely lacking any experience running a member organisation.
I'd appreciate any ideas, tips, suggestions, warnings or ... brickbats for even considering such an audacious project despite not owning a corporate finance firm myself. :)