Business Idea

Start An Online Business Brokerage Business

About

Starting an online business brokerage business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online business brokerage services, or selling online business brokerage services online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$164B
starting costs
$11.7K
gross margin
90%
time to build
210 months

About

Starting an online business brokerage business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell online business brokerage services, or selling online business brokerage services online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$164B
starting costs
$11.7K

 

gross margin
90%
time to build
210 months

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Employee & Freelancer Expenses $150 $250
Website Costs $223 $7,015
Business Formation Fees $600 $4,700
Software Expenses $162 $2,894
Advertising & Marketing Costs $0 $1,400
Total Startup Costs $1,135 $23,259

Successful Businesses

Business URL Rank
Online Business Broker websiteproperties.com #128,236
Business Brokers Selling Profitable Online Businesses latonas.com #142,563
BusinessesForSale.com: No 1 in South Africa for business sales businessesforsale.co.za #260,919
Dealflow Brokerage dealflowbrokerage.com #428,272
Raincatcher raincatcher.com #447,815
Upward Exits upwardexits.com #781,459
BIZBROKER24 bizbroker24.com #784,226
ABC Business abcbusiness.co.nz #887,373
No.1 Buy and Sell Business Platform easybuysellbusiness.com #952,503
Bristol Group Business Brokers bristolgrouponline.com #1,472,828
Ecommerce Brokers ecommerce-brokers.com #1,610,121

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a online business brokerage business costs significantly less money than most businesses, ranging anywhere from 62 to 23,259.
Rewarding work Starting a online business brokerage business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs To get your online business brokerage business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!
Cons Description
Crowded Space Competition is high when it comes to your online business brokerage business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process A online business brokerage business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent As a online business brokerage business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits With a online business brokerage business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a online business brokerage business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a online business brokerage business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.