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Old December 11, 2002, 11:35 PM
Chris
 
Posts: n/a
Default Re: Business Brokers -response

Perhaps he could arrange to get a finder's fee,
much like Jim Straw has done and teaches in his
course.

> Thanks for the input Dave. I'm not sure what
> he's going to do. Times here are tough. I
> looked at the list of business's he got from
> the broker. There are 2 or 3 over 1.5
> million. Ten or so from $500,000 to 1 mill.
> About 10 from the $100,000 - $500,000 range
> and the rest (about 5) under $100,000. He
> does have sales experience. BUT like you
> stated it takes a while to get your feet wet
> and I'm not sure if he can go 6 months to a
> year without income from this job. I use to
> sell real estate and you would see people
> coming in thinking they were going to make a
> killing in a couple of months. You need at
> least 6 months (preferably a year) worth of
> cash reserve to make it in the real estate
> business. I suspect its about the same in
> the business brokerage biz. The only thing I
> can do now is pray the he makes the right
> decision and give him what guidance I can.
> Anyway I appreciate and value your input.
> Thanks... Ron