I am thinking of starting a business broker website. so my question is how does one make money from that? do I charge people once I sold their business?or do I just charge a monthly fee for them to post their business? but I think the second one won't work for a new website?people won't pay a monthly fee for a new established website to post their business. I've seen some brokers charge 10% for selling business, does the broker make the final deal with the customer, or he just gives them the customer's phone number, and lets the owner deal with it. But how would I get the 10%? Can people provide me information here please?
Well when your starting off charging people once the website is sold is a better option, maybe make the buy pay you and then you pay the seller so that you can make sure your not been scammed out of money, and take a % for the sale I would prefer to use the pay monthly option but this will probally put people off when you are starting out as they are paying for something that they don't know if it will work.
I think it depends on the products you're going to deal with, the commission generally vary depending on commission structure of specific company, few may offer you commission on incremental sales as well.
Before you start a business brokerage you may want to see why people use a broker rather than sell the business themselves. Then ask yourself if you have the skills to provide those services. A business signing up with a broker is a major vote of confidence in that broker as he's going to be sharing a lot of valuable information about the business. You need to engender consultant level trust and respect - businesses need to believe that you are the right person for them to tie their flag to. The broker is an expert at valuing businesses, creating sales memoranda, advising on legal matters relating to the sale, screening and pre-qualifying potential buyers ... and much else. LOL. it's much more involved than that. I would advise that, based on your questions, you are better off getting some experience working for a broker before you set up on your own. If you're running just a listings site where people can list their site for sale - like at Sitepoint - then you can't expect broker type commissions.
If you are a business broker (and not just an information site), be aware that several states require that you obtain a business brokers license. Requirements vary considerably from state to state, so compliance could be very difficult and expensive. Of course, failing to comply may be easier in the short run but considerably more expensive in the long run when you get caught!
Its a good idea. The charging plan is definitely wise to chose based on the sales such as 20% of the sales as commission. You need to be the middle man,the buyer sent the total amount to you,and then the seller sent the website info to the buyer. After completed,you sent the money to the seller minus the 10% commission.
It doesn't work like that. Buyers won't forward the money to an unknown third party like yourself. Why should they trust you? Even if you did offer the option of them paying it into escrow no buyer in sane mind would make payment before running his due diligence checks on the site. So you'd need to disclose the URL to him (and he can work out who the seller is and make direct contact seller if he so wishes!) I suggest you give up the idea of being a business broker. Start with a listings website. Make the site popular by providing good content on the subject. Once you build traffic sufficiently you can start taking listings. No, you won't get 20% or even 10% or even 1%. You'll need to be satisfied with a small listing fee - maybe $10-$20 each.
I would suggest you the first option. And for fees to take the mandate is the best thing. All the best.
depends on what you could give to your consumer,information business is great when you have reputations already,start from your close friends to advertise your self.Look what happen if that is return greatly know time to business,that you can charge from per minute advice or per hour advice ,or you can join liveperson expert if you like to publish what you do easily