Independent business brokers control their own business brokerage from the systems and processes to brokering to an unlimited geographic area and keeping 100% of their commissions. An independent business broker should make sure that they are receiving formal training from an established business broker training provider.

Keep in mind that you will be out on your own so you need to have the drive and motivation because nobody will be pushing you forward. When starting out - having a good support mechanism is a PLUS because it drastically reduces the learning curve. You will have more start-up expenses than other options however you will also keep 100% of your commissions.

Benefits to becoming and independent business broker...

1. Keep 100% of your commissions

2. No territory restriction

3. Be your own boss - control your business

4. Work under your own name

Negatives to becoming and independent business broker...

1. Longer learning curve (a support provider will help here)

2. More start-up expenses after training

3. The ups and downs of starting a new business

4. Structure and motivation can be tested

1. One-on-One Training - this is the most comprehensive way

2. Online Training - can be advantageous from a cost perspective

3. Group Training - may be cost effective but can be distracting

4. Book Training - the cheap way of getting some type of training - not recommended

The Business Broker Training Center offers all of these options - backed by our experience in having trained business brokers since 2001. BBTC is the #1 provider of independent business broker training and support.