Would You Like To Be The Owner Of An Extremely Profitable Business Brokerage Practice And Make $100K+ A Year Helping Small Businesses -- Even If You Only Have A Few Hours To Spare Each Week And No Money To Start?
If you're looking for the fastest way to start your own business, from your home, starting with very little cash - and you want to make a lot of money - business brokerage may be for you.
The purpose of this article is to give you as much information as possible to help you get started, which you can do from a home office, from your den, from your kitchen table, from your bedroom if you need to! Even if you live in a one-bedroom apartment, there's no reason why you can't get started right away, even if you have no money.
A business brokerage can help you build a successful business, pay off your debts, and build a dream life of success for yourself and your family. Several others have done it, and so can you, if you decide to start your own practice.
You can start your business with very little, or no money and still keep your regular job until you know your business is a success. Many people have started this way and found the lifestyle, freedom and happiness they'd been seeking for years.
And best of all, there is no limit to the amount of money you can make. Once your business is up and running, you can get as big as you want to get. You can stay a small one-man operation, or you can get employees, offices, and grow as much as you want.
Without a doubt, a Small Business Brokerage is one of the last businesses left in the world that the anyone can realistically afford to start, from home, in their spare time, and yet have the opportunity to grow as big and as fast as they want.
And it's a fantastic business, because your customers are, just like you, entrepreneurs, business owners, visionaries, risk takers, AND, they love what you do for them.
To small business owners, a skilled business broker who can help to sell a business is the most important person in the world. No need to spend all kinds of time finding a qualified buyer for their prized and successful business. No need to decide on the best price to sell the business for. No need to waste time on speaking with potential buyers when they're busy making money.
Fact is, small business owners do not have time to sell their own business and are willing to pay a hefty fee (normally $12,000 or more) to a competent broker.
This relatively new profession is making big news as a high income business. You can either conduct your business from the comfort of your home or from a traditional office. In addition, you can start with virtually no cash and start making big money right away.
Here's why making money is not difficult in this business:
1. A Large Market. It is estimated that 18% of businesses are sold each year in the U.S., and there are approximately $360 billion worth of businesses sold each year.
2. High Selling Price. Industry survey has shown that the average small business selling price is about $250,000.
3. High Success Fees. The average commission to a broker who sells a business is $18,300 or more.
4. High Yearly Income. According to the latest information in The Business Reference Guide, the average home-based business broker earns between $300,000 and $400,000 in annual commissions.
5. No overhead. You can start right where you are, in the comfort of your home, and pocket all your fees as profits.
6. No License Required. There are no specific business broker's license requirements and just 16 states require you to have a real estate agent license (AK, AZ, CA, FL, GA, ID, MI, MN, NE, NV, OR, SD, UT, WA, WI, WY, and IL requires a registration process only). Getting a real estate license is relatively easy and has never stopped anyone from succeeding in this fantastic business.
A business Brokerage is one of the last professions that is virtually unaffected by recession and inflation. More people tend to move to new areas...more people want to earn more money...many are locked into salaried jobs.
Their Choices?
Stay and deplete savings, or use those savings to buy an existing business with net earnings that meet their needs.
There's an abundance of sellers, too. Making this business even more attractive is the fact that the baby-boomer generation is aging fast and many of them are business owners, adding millions to the pool!
If, you are well organized, and like dealing with people and helping them resolve problems, then this high-income professional home-based business is for you!
Here are some of the most common ways you can earn money as a business broker:
a) Broker the sales of small businesses. Charge commissions between 5% and 12% of the sales price and set a minimum fee of $6,500 to $12,000, depending of the sale price.
b) Co-Broker sales with other business brokers. Expand your sales potential through co-brokering arrangements. Each year, 2.5 million businesses change hands, giving us a $360 billion market to earn big fees!
c) Establish solid relationships with Repeat and/or Corporate buyers. With businesses changing hands every five years on average, you can have a great relationship with many past buyers and sellers assisting them in future transactions.
d) Earn fees by helping to Finance the purchases you broker.
e) Earn fees by providing Valuation services to owners before they sell. Some valuation experts charge $5,000 or more for this service and there is a big need for it.
f) Earn fees by writing business plans for owners who want to raise financing. Anyone looking to raise money from banks or investors have to have a business plan. 99% of business owners either don't have the time, or do not know how to write business plans. That's where you come in.
g) Skyrocket your fees with Commission Investment. One of the sweetest rewards of business brokerage is that you can own a piece of a never ending variety of businesses that appeal to you, without ever investing a dime of your own money. This is one of the easiest ways to build a fast fortune starting with absolutely nothing.
Getting Started: What to Do First - It's Not What You Might Think...
Normally you'd be given the following advice if you wanted to start your own business.
i) Consult with a lawyer to make sure you set up the right legal structure.
ii) Check with the county clerk's office to make sure "they permit a business like yours from a home office."
iii) Buy business insurance and "talk to an accountant" to make sure you're not missing anything.
iv) Get a toll-free number (to give the impression that your business is big).
v) Invest in great business cards and letterheads.
That kind of advice will drive you right into failure because every one of these suggestions involves:
a) spending money and
b) complicating you life
None of these engage you into activities that will help build your practice. To get your business off the ground quickly:
>> Don't do anything you don't have to do until you have sold your first business. Setting up a corporation, buying insurance, and getting your local status secured is a waste of time when starting up a home based business brokerage practice.
>> After you have made the first sale, make another one. And then another one. And then, print business cards. Don't worry about stationery. Just keep making sales.
>> Once you are confident of your ability to match qualified buyers to willing sellers, it is time to organize a marketing plan so you can rollout your practice for good. This may involves hiring other brokers, moving into an office, advertising, etc.
>> Notify regulators and government agencies after your first sale when you do have money coming in and must pay your taxes. Doing so beforehand is useless.
Small Business Planning, Financing, Sale & Purchase - [http://whiteoakpartnersinc.com]
This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.
