Earn Big Commission As Business Broker

This is one of best-paid profession even though you would prefer shy away from public. You can do this as profession like other profession such as lawyer or doctor. You can also do this as a business by which you setup a system and a team of brokers.

Business broker is basically to help business seller sell the business. This is a delicate situation for a business owner who wants to sell his/her business. He/she cannot publish it because it will affect employee and supplier relationship. Employees would lower their productivities. And suppliers would stop sending delivery due to business uncertainty. So business owner approaches the business broker to help find buyer.

Business buyer can also approach business broker to find the suitable business for sale.

Business broker conducts due diligence and valuation to come up with fair value of business. He/she will get commission after the business deal is done.

Once initial agreement signed, Business broker starts conducting due diligence and valuation to come up with fair value of the business. Business broker will get commission after the business deal is done.

How much can I earn?

Actually business broker is a very lucrative business. Average income of business broker in America is US$300,000 per year.

So how do you do that?

Let's start with numbers. You know the commission of business broker is in the range of 5-10% depending on business valuation. This can convert to ten thousands or hundred thousands dollar considering that the business value is in average over 1 million dollar.

However, business broker does a remarkable job. Naturally the business deal doesn't get done because each seller and potential buyers have opposite approach. Seller wants to get too high a price. While buyer wants to pay minimum. That is why only 20-35% of business for sale get the deal done.

Market size

Approximately there are 5 million "real" businesses in the US. At any given time, approximately there are about 1 million (20%) businesses on the market for sale.

The average selling price for a small business by a business broker is about $250,000. So as you can see, this is multi billion dollar business.

Although there are around 3,200 business brokerage firms, M&A specialist, the potential is still huge because deal rate is still very low.

If you like to do brokerage business and to evaluate businesses, then this business is probably suitable for you.

Further Info

If you like to do brokerage business and to evaluate businesses, then this business is probably suitable for you.

So why wait longer. Grab your copy of books, software template, ebooks below.

Click Here! Resources for Successfully Buying, Selling or Valuing a Business

Strategies for Successfully Buying or Selling a Business