Associate business broker alongside your day job

Business owners selling, via the brokerage's fee. You are then paid your share by the brokerage once the sale completes.

A share of the brokerage's commission on each completed sale. Terms vary, so compare how the split works and whether there are monthly fees.

• Networking and spotting owners ready to sell
• Clear, honest communication
• Patience through long sales cycles
• Basic understanding of business accounts

• Check your day-job contract for rules on outside work or conflicts of interest
• Confirm who holds professional indemnity insurance and who is responsible for anti-money laundering checks
• Be wary of any brokerage asking for large upfront payments for leads or training
• Register as self-employed with HMRC and set money aside for tax
• Income may be very slow at first, as sales take months to complete

Startup costs are typically around £200 to £1,500, depending on your marketing, tools and any training. These are estimates, and it is worth being wary of brokerages asking for large upfront payments for leads or training.

Monthly revenue is typically around £500 to £2,500, depending on how many sales complete and your commission share. Income may be very slow at first, as sales take months to complete.

Check your day-job contract for rules on outside work or conflicts of interest. Confirm who holds professional indemnity insurance and who is responsible for anti-money laundering checks, and register as self-employed with HMRC.