Tyler G. Hicks, the president of International Wealth
Success Inc., is the author of many wealth building
publications, including the Financial Broker/ Finder/
Business Broker/ Business Consultant Kit. Here are some
of his insights about finder fees.

1. What does a finder do?

A finder brings together a need and a source for an
individual or company. For example, an oil company might
require real estate (with a certain motor vehicle traffic
volume) for the purpose of operating a service station.
The finder locates this real estate for the oil company
and earns a finder’s fee for this service.

Another example is finding a suitable lender for a loan;
this is the most common finder fee situation.

2. How are finder fees calculated?

The starting point is five percent of the amount of the
find, whether it is for loans, property, et cetera. Of
course, finder’s fees are negotiable and can sometimes
be only two or three percent of some finds.

3. Is finding better suited as a full-time or part-time
business?

Finder fees are more often a secondary, supplementary,
on-the-side source of income earned in conjunction with
some other main business.

4. What businesses or situations are especially conducive
to earning finder’s fees?

The raising of money as well as the finding of real
estate, rare minerals and unusual materials are good
areas to earn finder fees.

5. What are the best areas for earning finder’s fees for
someone just starting out?

Finder fees for the raising of money is the best area
for beginning wealth builders. The need for money is
universal.

6. Where do you find finder fee opportunities?

Read and advertise in such publications as International
Wealth Success Newsletter, The New York Times, The Wall
Street Journal, and other big city newspapers and
business publications.

7. What advice would you give someone who wants to start
earning finder fees?

Don’t take advance fees. Pick an area in which you want
to work, by type of product or situation –not by
geographic location. Start advertising your services.

By: J. Stephen Pope

About the Author:

Since you launched your small company last year, you have been faced with stressful days, sleepless nights, and multiple challenges everyday. Your business is surviving the tough and unstable economy, yet you wish for it to thrive and prosper even more. You turn to books and magazines for help. You talk to other business owners for advice, guidance, and support. You welcome every opportunity that could help enhance your business. Yet, you have failed to seriously consider looking into international management consulting. You think that this type of investment is only apt for businesses on a larger scale than yours. However, you must know that such an investment can significantly affect yours as well. These consulting firm tap on marketing, sales, and management tactics as part of their global business strategy consulting strategies. This kind of support can prove to be extremely beneficial for your company’s success.

When a business owner decides to invest in a global business strategy consulting firm, you make available to you the relevant intervention of a third party who is able to see the bigger picture, thus being able to better advise you on various aspects relating to your company. International management consulting can help you in setting short and long term goals for your company, formulating strategies, and employing smart and efficient tactics to ensure the achievement of your goals.

As mentioned above, investing in international management consulting firms will make available to you much sound advise about various marketing strategies that can be employed in order to most effectively tap your business’ target market. Consulting firms are knowledgeable about various market trends, business approaches, plans, and tactics that could help you in attaining your goals as efficiently as possible. Global business strategy consulting firms will put much effort into ensuring that your company will become an active and aggressive market player in no time. Hand in hand, you can work towards success, longevity, progress, and growth.

International management consulting firms can also be depended on to formulate admirable plans and schemes that will address one of the most important factors in your business – the workforce. At the forefront of your business are your staff and employees. Thus, apt care and attention is due them, especially if you are keen on employing and maintaining the most dynamic, dependable, and skilled people. Global business strategy consulting firms can keep you abreast with the latest trends and practices in recruitment, compensations, benefits, perks, and other related information. Acquiring this kind of know-how will give you better chances of attracting a commendable and loyal work force.

Business owners now have competent, dependable, and efficient business partner in the form of international management consulting. This type of investment will surely reap you benefits which you otherwise would not be able to enjoy. Your global business strategy consulting partner can be depended on to keep your business’ interests at heart. Together, you can work towards a brighter, more stable future for your company.

By: Marl Jensen

About the Author: