Featured Business Listing
Our slogan and philosophy, "Building Wealth for Everyone" is
our goal our mission our focus.
BlueKey can help you with maintaining your business, purchase of a business or sell a business. We help you
achieve your dreams and goals.
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BECOME A BLUEKEY ASSOCIATE
Business Brokerage is an exciting and rewarding profession! It provides the opportunity to help entrepreneurs (sellers)
receive a cash benefit for the business that they have worked very hard to build, as well as allowing you to help
entrepreneurs (buyers) achieve their dream of owning their own business.
While a college degree is preferred, there is no specific background or educational achievement that ensures success
in business brokerage. In general, persons who have sales experience, have owned their own business, or come from
families who have owned their own businesses are good candidates. However, a strong desire to succeed financially,
a willingness to learn, and enjoyment of working with people in a business environment are the primary traits we
look for in applicants. As an independent contractor you will have the freedom to direct your own full time work schedule.
We are especially interested in adding talented individuals who are experienced in a variety of industries.
TRAINING
Complete training is provided by BlueKey's principal or managing director in our Northern California office. BlueKey
provides organized and detailed training programs and on-going mentorship for our associates. It is our philosophy
that the most successful associates have been given the most comprehensive up-front training and on-going support.
Our new associate training program will teach you how to:
* Contact business owners and educate them on the process of selling a business
* Properly qualifying buyer prospects
* Analyze and normalize financial statements
* Determine the probable market value of a business
* Create and execute marketing plans to get listings and to sell listings
* Negotiate acquisitions for business and commercial real estate
* Understand and complete forms and contracts
* Understand property leases
* Develop your referral network
* Manage bulk sale (business) escrows
* Create professional and personal goals to help you reach your potential
FREQUENTLY ASKED QUESTIONS:
Do I need a license?
Yes, a real estate salesperson license is required. We recommend on-line or home study schools because they are
quick and inexpensive. All new associates will be provided with BlueKey's Quick Start Licensing Guide to help
get you licensed as soon as possible.
How long is the training?
Our extensive training program is for 2 weeks; in-office classroom instruction in the morning, at-home license
study/preparation in the afternoon. After the initial training program, new associates receive on-going mentorship,
particularly through their first 2 complete transactions, or as long as an associate requires in order to reach
their personal comfort level.
Are there any costs?
Yes. BlueKey pays for operational expenses such as our state-of-the phone and email systems, and office supplies. As
independent contractors, associates are responsible for licensing school and application fees, business cards, automobile
costs, supplemental advertising, etc.
In addition, a new associate pays a $1,200 refundable training fee to BlueKey which is refunded over the first two
transactions, $340 for first year membership with California Association of Business Brokers which includes a 2-Day class
which is required to earn certification as a California Business Broker (CBB).
Can I work from home?
Yes. In fact, to keep our commission structure as generous as possible for our associates, associates work mostly from
their home offices time once they are licensed. But keep in mind, a successful business broker does not spend much time
in the office! A successful business broker is in meetings with sellers in their offices getting new listings every week!
It is also important for our associates to stay connected, so we have a weekly in-office Business Development meeting as
well as a weekly Sale and Training Meeting.
How long will it take before I close my first transaction? Approximately 6 to 12 months.
How much money does the average person make?
There was a national survey of business brokers conducted and the average annual gross commissions were $253,000
produced from an average of five sales. These commissions would be reflective a business brokers with industry
experience of 3 years or more, however, an associates personal success is solely base on their personal desire
and commitment to list and sell as many businesses as possible!
How is the commission divided?
Associates receive 50% of the gross commission on the first two transactions, and the split increases by 5% to 10%
for each closed transaction thereafter up to 80% of the gross selling or listing commission- no strings attached. This
is one of the most generous commission structures in the industry!
What are the qualities of a successful business broker?
1) People skills, including communication, empathy and listening abilities.
2) Ability to work both as a team member and independently to prioritize tasks and clients.
3) Life experience and a willingness to learn! Most new business brokers have not had prior business brokerage experience
before becoming a business broker. Common backgrounds are prior business ownership, professional sales and/or financial
management.
YOUR NEXT STEP:
If you have a business-oriented background, are well organized, and like dealing with people, then this high-income
professional career is for you! For a confidential interview to discuss your potential for financial success,
please email your resume to:
Julie Gordon White, Broker / Principal
BlueKey Business Brokerage M&A
1160 Brickyard Cove, Road Suite 103
Point Richmond, CA 94801
P 510.215.5155x701
F 510.215.5255
E jegwhite@bluekeybma.com
www.bluekeybma.com
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