busboy — 2004-12-22T13:44:15-05:00 — #1
Is there an industry average when it comes to paying out finder's fees? Is 10% too low or about right?
bwarrene — 2004-12-22T15:15:11-05:00 — #2
I am not aware of an industry average - but when I bring parties together for business and charge a finder's fee - it is 10 percent of the total deal with a $500 minimum.
busboy — 2004-12-22T15:26:39-05:00 — #3
But what is a rough dollar amount of business you bring to the table? You say you charge a $500 minimum. Does this mean the sales amounts are around $3,000 or more?
bwarrene — 2004-12-22T15:32:03-05:00 — #4
I have a $500 minimum for those smaller deals where folks ask for a little footwork (research) and an introduction to a company for some business. For others - yes the deals are in excess of $7500 usually.
mittineague — 2014-09-27T02:08:24-04:00 — #5
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