The ideal goal for brokers?..........
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  1. #17
    I'm here on the phones doing cold calls and face to face visits. Is it possible to build a book of business and then turn around and sell it for 10x the amount. I was once in the merchant services industry. I had a book of business, I sold a good portion of it for 14x the amount of the residule that I was getting. I needed the liquid at the time for another business venture but with this industry it seems like it is all about the big payouts and the renewals. I wonder should I focus on building a nice size ISO shop and selling it to some large company. Are there any companies out in the market place who would buy your originations? That would be my end game if it would be possible. To build it and sell it. I wonder how much you would have to fund a month consistenly for some one to buy it or would they buy your model?
    Last edited by wallerbusiness; 07-27-2017 at 12:09 AM.

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