Hello all,
I am really excited about the launch of my online business broker training program last week, and just wanted to list a few points regarding why Business Brokerage is such a huge opportunity.
First off, with the current economic conditions in the US two things are happening:
1) Older people have had a rough go of it and want to retire.
2) Younger people need to aquire a job for themselves, and buy a business rather than live off of savings.
There's also just generational timing. It just so happens that the previous generation is ready to get out of business and a younger generation is old enough to fill their shoes. Now, these seller's need to run their business efficiently more than ever and they just do not have the time to filter through many "tire-kickers" like they use to. So how can they get a decent price for their business? By using a broker. For this reason, the industry is blowing up. It's just mind blowing how many business owners are looking to sell, and how many buyers respond to business for sale ads. These things are coming together so that business brokers can easily line up buyers, and charge 10% to 12% commissions easily.
There is more you should know about the business:
1-There are only about .5% as many business brokers as their are real estate agents, so competition is null.
2-In all but 16 states their is NO license necissary to broker businesses, just knowledge, which we have.
3-Since business brokerage is commission only, you can build your book without losing unemployment benefits.
4-Their an unlimited ceiling on how much money you can earn as a business broker.
So how to be a broker? Well in the past you had two choices:
1) Get a mentor - typically you would need a friend with experience to take you under their wing and teach you the business in the field. This time-consuming method would have you working for months and months without closing a deal.
2) Take a course/seminar: Typically offered as three to eight day seminars running $3000 and up, learning the business this way is expensive and non effective. I mean, how much can you gain from sleeping in the back of a packed auditorium while some droning broker reads from a lesson plan.
Well now there's our Business Broker's Online University, BizBrokerSchool.com. A new prospective broker can take the online courses and learn on their own time. There's a quiz at the end of each chapter so they anchor that new info into their brain. After the fifteen courses, the candidate takes the final exam at the end, and immediately upon completion our specially designed starter kit is in the mail. The new broker gets everything he/she needs including a four week sales plan and a contract to sign on as an independently contracted broker with us. As a Broker, the benefits are clear too:
1-80% payout, the highest in the industry.
2-Access to a proprietary MLS type system.
3-Access to marketing materials, brochures, business cards etc.
4-Being part of the most progressive business brokerage company in the world.
5-online support.
6-Much More.
The exciting part is that brokers are signing up everyday. That means Northstar coverage in new states on a daily basis proving that we are the fastest growing business brokerage in the world. With each new broker, comes new listings and potential commissions making us grow daily.
Another great aspect of this is that we are providing a service that is truly helping people in two ways.
1-We are helping business owners get a great price for their business, and even sometimes saving them from collapsing.
2-We are helping people build a career that they can be proud of and make a future for their families.
So you can see why I am so excited about what we are doing. Positive after positive, it's just one great thing after another. Remember, there is no number one in business brokerage, no Century21 or Remax. The industry is wide-open and nobody can delivery like us. The upside for new brokers is unimaginable. Food for thought.
Thank you,
Raymond Barton
Sunday, April 11, 2010
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