Prospecting Agent

Startup Costs: $50,000 - $100,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? Yes

In a nutshell, a prospecting agent generates and qualifies sales leads for their clients. However, the service should not be confused with a telemarketing service, as a prospecting service never attempts to close a sale or go beyond qualifying a sales lead for their clients. Prospecting agents are paid for each lead they generate, and the higher the value of the client's products and services, the larger the fee for supplying qualified leads. Additionally, some prospecting agents also generate sales leads first and then sell the leads to the highest bidder. An example of this would be a prospecting agent that sets up a display booth at a home and garden trade show and collects names, addresses and contact information from people that are considering a home improvement renovation. The type of renovation they are considering will dictate what kind of home improvement company the prospecting agent will approach to purchase the leads.

Prospecting Agent Ideas

Flier Distribution Service

Help clients distribute fliers with this low-cost advertising method.

Freight Broker

Match shippers and transportation services as a freight broker.

Management Consulting and Training

Help other entrepreneurs train top-notch management.

More from Business Ideas

Side Hustle

She Quit Her Job at Trader Joe's After Starting a Side Hustle With $800 — Then She and Her Brother Grew the Business to $20 Million

Jaime Holm and Matt Hannula teamed up to build a business in an industry that "didn't exist" yet.

Starting a Business

The 10 Best Low-Risk Business Ideas for Retirees

The modern landscape offers an abundance of low-risk business ventures for retirees seeking purpose, flexibility and financial security.

Starting a Business

The Business I Built From My Garage Was Weeks Away From Failure. Then I Had an Idea That Helped It Grow 6,000% in 2 Years.

When Daniel Haarburger's dog Milo was recovering from surgery, the founder had a business breakthrough.