Small Business Idea – How to Become a Broker For Anything and Start Making Money ASAP
If you are interested in making some great money with almost no overhead and start-up costs, then becoming a broker could be the business for you. Read on to find out how you can be the middle man in almost any transaction and profit from it.
In a nutshell, a broker is just a person that matches up buyers and sellers, taking a profit for the difference in price between the sales price and the buyers price. It’s almost just like the stock market, where the market makers get a tiny cut of each transaction in order to keep the market moving all the time.
Here is an example: Let’s say that you know of a restaurant that wants to get rid of all its benches, because you overheard it during your breakfast one day. You find find out exactly how much they are willing to charge for their benches and you get it in writing that you will buy the benches for $300 each. Then you walk down the street and fin d a new restaurant that is just getting started. You tell the new restaurant owner that you have a source for some used benches for $400 each. They pay you, you pay the restaurant, and you keep the difference.
All you have to do is find somebody that wants to sell something and someone that wants to buy something. You never have to own the object. You are just getting two people together that would not have otherwise found each other. This can be done in almost any industry and you can move across as many industries as you want to. Of course it is always better to specialize, but as you find your niche and work through referrals, feel free to work with many different products.