Work For A  Business Broker by A.S. Radin & Associates and BBTC
 Working for another business broker can establish instant credibility and shorten the learning curve

Working for another business broker can be advantageous as long as you are not being used as a leads machine for a small portion of the actual commission that you earn. BEWARE - too many business brokers recruit "agents" with grandeur then hand them a phone book to cold call - then have you do all of the work and in the end you get 25% of your total commission earned (50% if your are lucky). That is NOT the way to go!

However if you find the right broker situation then you can get free training and support while keeping a better split of your commissions earned. This lessens your learning curve and gives you instant credibility.

Benefits to working for another business broker...

  1. Instant credibility and name recognition

  2. Built in systems and maybe leads

  3. Free training and support tools

  4. No start-up costs

Negatives to working for another business broker...

  1. Commission splits - you may lose up to 75% of your commission earned

  2. Strict guidelines imposed by the broker making you an employee

  3. Will not get complete training - only training that you will need in your duties

  4. Non-compete terms preventing you from going independent

BEWARE of the following...

  1. Business brokers want to charge you for training and take commission splits

  2. Business brokers who hand you a phone book to "dial for dollars"

  3. Business brokers keeping 50% or more of your earned commission

  4. Business brokers requiring your first  X amount of leads turned over to them

There is NOTHING wrong with a business broker taking a commission split in return for the training - support and use of business brokerage name and systems. But 50% - 75% is VERY high because you will do 95% of the work and get 25%-50% of your commissions. A business broker should only keep 20-30 % at most.

A.S. Radin & Associates offers Business Broker Manager positions with free training and support and territory ownership in return for us retaining JUST 20% of your hard earned commissions - yes 80% to you.

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