About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Advertising Broker
Startup Costs: $10,000 - $50,000
About
Home Based: Can be operated from home.
Franchises Available? No
Online Operation? Yes
Use your sales skills to mediate between ad agencies and content providers.
Business Overview
Why pay retail prices to advertise your business? That is the question that you will be asking potential clients if your intentions are to become an independent advertising broker. Purchasing various advertising mediums in advance and in bulk can cut the cost by as much as 50 percent or more. To reinforce this statement, contact your local radio station and ask for the rate for ten 30-second advertising spots versus three hundred 30-second advertising spots. The cost difference will amaze you. Once you have successfully negotiated and secured various advertising mediums in bulk, you can set about reselling the radio advertising spots, display newspaper ads, and more to local businesses in your community at a cost saving to them of 25 percent off the regular advertising rates. Providing clients with a 25 percent discount will still leave you with a 25 percent markup or more on the advertising spots and spaces you have sold.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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About costs
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