Intermediary Business

Insurance Buyers

An insurance broker serves as an intermediary between insurance companies and who?

Commission

As opposed to having a set pay rate, the earnings of an individual working as an intermediary are often based on what?

Risk

As with holding stock, operating an intermediary business may have varying or inconsistent rates of return and involves what for the intermediary?

Sales Agents

Besides 'brokers', what is another common name for business intermediaries?

Narrower

Do distributors and dealers generally have a wider or narrower product range than wholesalers?

Several

Do wholesalers generally stock products from a single producer or several?

International Business Brokers Association

In order to become a certified business intermediary, your application must be accepted by the IBBA. What does IBBA stand for?

Goods and Services

What are the two main categories sold by intermediaries?

Mutual and Pension Funds

What are the two types of funds that are considered financial intermediaries?

CBI

What is the acronym for individuals legally certified as business intermediaries?

Business Broker

What is the job title of the person or firm who acts as an intermediary between sellers and buyers of small businesses?

Commission

What is the term defined as 'a percentage of the sales revenue'?

Wholesaler

What is the type of business intermediary called who buys goods in bulk for intended resale?

Financial Intermediary

What is the type of intermediary which has "low-cost" money that acts as a provider of money to those needing funding?

Licence Fee and a Share of Sales

What two costs must all franchises pay to operate a particular branded product or service?

Investors and Sellers

What two groups do business intermediaries act as a "middle man" between?

Loans and Investments

What two options do financial intermediaries offer to provide money to those needing funding?

Suspend

When regional, national or global economic problems occur, financial intermediaries sometimes choose to tighten their requirements or even do what to money offerings?