I'm thinking of adding brokerage services to my other services.
I expect to charge a percentage of the final cost of training procured, but would appreciate advice about how brokers are paid in the UK.
Any info appreciated.
Robin Henry
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3 Responses
Regulations
Robin
There seems to be a few people looking into this at present. I did 3 years ago and went a different way. Bearing in mind employment legislation (and general red tape regarding business), check out that you don’t fall foul of the Conduct of Employment Agencies and Employment Businesses Regulations, especially in relation to the charging of fees for finding work, I believe commission is still classed as a fee and included in the regulations, but don’t quote me on that. Get good legal advice on how to position your offering.
As for how much you charge, rule of thumb must be, what ever you need to run the business plus a profit margin.
Some use I hope.
Peter
Founder/Editor
http://www.trainerbase.co.uk
set fee
Hi
Two years ago I was working in the UK and we utilised brokers – we were charged a flat fee of 80 pounds for each training contract secured through the broker.
Kind Regards
Lucie
Thanks
Thanks Lucie and Peter for your responses. I like the idea of a small percentage charge related to the cost of the training, with a cap (unlike real estate sales commissions).