I'm being recruited by a local brokerage to broker oil. They're offering me a 25% split on revenues, moving up to 40% as production grows. What is standard for this industry?
2007-01-30 02:33:58 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
I am currently brokering a different product (will keep it hush for now) so i wouldn't be bringing a book of business with me... Really looking for an industry average for revenue splitting... THANKS GUYS
2007-01-30 02:45:46 · update #1
I dont know exactly, but I have a family friend who retired from that business. They are extreamly wealthy. I dont know if the money was from family or from the job. Maybe both. But he was no dummy and they were very wealthy. Good luck.
2007-01-30 02:42:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You are working for the Italian Mafia.
Nobody offers you 25% of the revenues.
You are going to steal old ladies life savings.
I suggest you to search for a legal job.
2007-01-30 05:08:40 · answer #2 · answered by Anonymous · 0⤊ 1⤋
depends on how much you sell. do you already have a book of clients?
2007-01-30 02:42:04 · answer #3 · answered by dwalkercpa 5 · 0⤊ 0⤋