Comments on: I am starting a new job as a business broker how much should i make my first year? http://www.businessbrokersguide.com/blog/i-am-starting-a-new-job-as-a-business-broker-how-much-should-i-make-my-first-year/ Thu, 17 May 2012 09:53:36 +0000 http://wordpress.org/?v=2.7 hourly 1 By: James M http://www.businessbrokersguide.com/blog/i-am-starting-a-new-job-as-a-business-broker-how-much-should-i-make-my-first-year/comment-page-1/#comment-21 James M Sat, 24 Jan 2009 14:03:44 +0000 http://www.businessbrokersguide.com/blog/i-am-starting-a-new-job-as-a-business-broker-how-much-should-i-make-my-first-year/#comment-21 The SMB market is operating in a tough environment right now. Very little liquidity and limited access to capital. I would say that 15% is a very lucrative fee for a broker in these conditions. If you can close a few deals in the $1M to $5M range each year, that would net you at least a half million each year. Again, the 15% for a business broker is above the average rate of 8 to 10 percent (some earn an additional 5% on the sale of real estate.) Best of luck with your new position. The SMB market is operating in a tough environment right now. Very little liquidity and limited access to capital. I would say that 15% is a very lucrative fee for a broker in these conditions.

If you can close a few deals in the $1M to $5M range each year, that would net you at least a half million each year. Again, the 15% for a business broker is above the average rate of 8 to 10 percent (some earn an additional 5% on the sale of real estate.)

Best of luck with your new position.

]]>