You come across different kinds of middlemen and brokers daily and pay them for their services. Now, you can try to become a middleman or broker and grow any of the different kinds of middleman and broker business ideas.
Middlemen or brokers do not invest their money in any product. Rather, they mostly connect the buyers with the sellers. Therefore, you don’t have to spend much money on buying goods in your middleman or broker business idea.
Before you start a middleman or broker business, you must know the details of the business and its advantages and disadvantages. Otherwise, you will not be able to do well in the business.
Do good research on the profile of the area where you want to start your business. That will give you an idea of the goods and services in demand. Thus, you will be able to plan your middleman or broker business idea accordingly.
List of 25 Broker Business Ideas
1. Real Estate Agency
A real estate agency is a money-spinning middleman and broker business idea. As a real estate agent, your primary job will be to connect the buyers of real estate to the sellers and get paid by commissions from both parties. You will need a good contact and an idea of the real estate market for this business. The higher the price of the property, the more your income will be.
2. Antique Broker
Many people are fond of collecting antiques and buying them. On the other hand, many people have a collection of antiques that they wish to sell. As an antique broker, you have to buy these antiques and sell them to the connoisseurs. It is highly profitable as a middleman and broker business idea because the antiques are mostly sold at very high prices.
3. Marketing Consultancy
Digital marketing consultancy is a common but lucrative middleman and broker business idea. In this business, you will assist existing or new businesses in their online marketing strategies, creating new sales leads, and other areas related to marketing and sales. This business has a good demand, and if you have marketing skills and knowledge of the market, you can earn well from this business.
4. HR Consultancy
HR Consultancy is one of the most booming middleman and broker business ideas. As an HR agency owner, your responsibilities will be to do the work of the HR department of a company. You have to appoint manpower or supply them, train or orient them, run seminars and leadership programs, and so on. You will get good payment for these services.
5. Mediation
Mediators play important roles in different kinds of disputes. They sit with both the disputing parties and help them come to a peaceful and mutually agreed solution to the dispute. Mediation is often a welcome procedure in business, family, or employment disputes. If you have good convincing and negotiating skills, mediation can be a profitable middleman and broker business idea for you.
6. Referral Service
Referral service is an essential service, a profit-making middleman and broker business idea. The referral business connects people to different kinds of services according to their needs. They can get contacts of lawyers, doctors, electricians, caregivers, plumbers, and many more through referral services. You can start this business and earn good profits from all the service providers as well as the seekers.
7. Freight Brokerage
Freight brokerage is a low-capital middleman and broker business idea that will give you good profits. As a freight broker, you have to coordinate between the companies that need their business items to be carried by cargo or shipped and the company that delivers them. You will get paid for the entire work of seamless management.
8. Flier Distribution Service
Different types of fliers are distributed at crowded places, stations, malls, residential complexes, etc, as a part of an ad or publicity campaign. By opening a flier distribution service, you can take the responsibility of distributing the fliers at different places for the respective business houses and get paid. This is a good middleman and broker business idea.
9. Distribution Warehouse
Starting a warehouse as well as a distribution service is a great middleman and broker business idea that can give you excellent profits. In this world of e-commerce, this service is of prime importance as small online businesses do not have a warehouse or distribution network. Hence, this business is a prospective business for you.
10. Musical Band Management
Musical band management is a good middleman and broker business idea that can give you a comfortable income. In this business, you have to work as an agent for several musical bands and organize programs for them throughout the year. As part of your management, you will get paid a commission or a fixed payment.
11. Insurance Broker
We are all more or less acquainted with insurance brokers. This is one of the highly profitable, low-cost, lucrative middleman and broker business ideas. In the business of insurance brokerage, you have to sell insurance policies of different companies to different kinds of people according to their profiles and requirements. You will get commissions from the insurance companies as your income.
12. Stock Broker
Stockbroking is also a well-known middleman and broker business idea. As a stockbroker, you take the responsibility of managing other people’s money by investing it in stocks of different companies. You will buy these stocks according to market reports and respective performance, and get fees or commission as your income. In times of boom in the stock market, a stockbroker can earn millions.
13. Dropshipping
Dropshipping is a contemporary and profitable concept of the middleman and broker business idea. In this business, you will secure orders for items that you don’t produce or stock up. Instead, you will transfer the order to the respective producer who will fulfill the order, and you will get a commission for each order. It is hassle-free to a great extent, and you don’t need any investment for the business.
14. Lumber Brokerage
Lumbers have a huge demand in different sectors. Hence, lumber brokerage can be a profitable middleman and broker business idea for you. In this business, you have to be the middleman in the buying and selling of lumber between lumberyards and the industries or manufacturers. Each transaction will get you a high amount as commission.
15. Export Brokerage
Export brokerage is a high-earning middleman and broker business idea. In this business, you will facilitate the export of various goods to different parts of the world through communication and safe transport of the goods through customs clearance and following international export norms.
16. Artist Agent
Become an artist agent and earn commissions through the sales of the paintings, murals, and sculptures created by the artists. This is a profitable middleman and broker business idea wherein you will contact different buyers on behalf of the artists to sell their creations. If needed, you can also organize exhibitions for sales. You will get paid the commission after each sale.
17. Bounty Hunting
Bounty hunting is a prospective and paying middleman and broker business idea. A bounty hunter plays the vital role of bringing back an accused person to court when he/she is not appearing in court after the bail is posted. You need to trace the accused and bring him/her back. This is a challenging business, but the returns are also high.
18. Employment Website
Start an employment portal like Upwork, Freelancer, Fiverr, etc. This is a lucrative middleman and broker business idea where you will play the role ofa middleman between the employees and the employers. You will get paid as a subscription fee from the job-seekers to enlist on your website. On the other hand, employers are also required to pay subscriptions for getting good profiles. After a candidate gets hired, you will also get a share of his/her charges.
Suggested Read: How to Start a Website & Make Money
19. Travel Agency
A travel agency is a good example of a middleman and broker business idea. In this business, you will organize trips for your clients, taking care of all the aspects from air tickets and hotel accommodation to sightseeing. You will be paid for the charges by your clients. Along with that, the hotels, transport companies, etc will also pay you a commission.
20. Food Delivery App
This is a fast-growing sector and a profitable middleman and broker business idea. Here you have to be connected with eateries, cafes, or restaurants in each area and get orders from the customers and transfer these orders to respective eateries. You will deliver the food to the doorstep and get paid for each order from both the customers as well as restaurants.
21. Start-Up Capital Brokerage
Organize capital for start-ups through venture capitalists or other investors and get paid a commission on the amount of capital. This is the essence of a start-up capital brokerage business. With your good network and credibility, you can earn a huge income from this middleman and broker business idea.
22. Construction Brokerage
Construction brokerage is one of the most lucrative middlemen and broker business ideas. In this business, you have to get customers to buy apartments that are under construction. Working as a middleman between the buyer and the contractor, you have to report each stage of construction to the buyer and inform the contractor about the requirements of the buyer. You will get a good commission from both parties.
23. Elderly Persons’ Recruitment Agency
Start a recruitment agency to give employment opportunities to elderly persons with qualifications as well as experience. This is a good and profitable middleman and broker business idea, as there are plenty of opportunities for deserving elderly persons.
24. Pawn Brokerage
Pawn brokerage can be a lucrative middleman and broker business idea. You can open your pawnshop at strategic locations and conduct your business following the set norms. The rate of interest for loans against pawns being very high, you have immense income opportunities.
25. Auction Store
An auction store is a good middleman and broker business idea. Procure old and used items ranging from furniture to appliances, from luggage to crockery or showpieces, and sell them. Plenty of people are fond of buying items from auction stores. Hence, you will get high profits for the items.
Middlemen and brokers make buying or selling convenient for us, bringing them to us. Hence, you have immense income opportunities from middlemen and broker business ideas.
Editorial Team at 99BusinessIdeas is a team of experts led by Rupak Chakrabarty with over 25 years of experience in starting and running small businesses. Started in 2010, 99BusinessIdeas is now one of the largest free small business resources in the industry.