Attention Business brokers?
Ron H. Appraiser asked:
I am a Certified Machinery and Equipment Appraiser and I do many appraisals for Biz Brokers.
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on Friday, February 27th, 2009 at 12:00 am and is filed under Small Business.
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I am a Certified Machinery and Equipment Appraiser and I do many appraisals for Biz Brokers.
I am thinking of offering that service as well. I know it’s tough to do but, it’s also rewarding, like Mr. Trump says “if it’s easy it’s most likely not very profitable”.
Can anyone offer any advice about the profession ?
American Business Brokers Assoc. has a really god training that I am thinking of attending.
February 27th, 2009 at 8:45 pm
As a member of the International Business Brokers Association (IBBA), CBI, and as a Business & Real Estate Broker for 25 years, it is an extreamly difficult business. Yet it is very rewarding.
The IBBA has an excellent certification program which gives the Certified Business Intimederey title. It is the most recognized designation. The IBBA is also the largest and most recognized organisation also.
Check it out.
I would advise you to have 3-5 years of income avilable to yourself or another means of generating income. It takes a very long time to establish your business.
Your best bet is to work with an establish broker, to learn the business for that 3-5 year span.
Also it will help your income potential if you obtain your real estate license. It will allow you to handle sales of businesses that include property. There is no reason to turn opportunities for income.