Buying and selling businesses flourishes in December

The last few weeks of 2012 saw a spike in business sales transactions, in keeping with predictions from local business brokers.

Nationally the number of closed small business transactions increased by 43.4 percent in the final three weeks of December as compared to the same period in the prior year, reflecting a rush to settle deals before new tax laws took effect Jan. 1, according to BizBuySell.com, an online business-for-sale marketplace.

“Given the eight plus months it typically takes to sell a business, the end of year increase comes from owners who put their business on the market months ago pushing to ink deals before the New Year,” said Curtis Kroeker, general manager of BizBuySell.com. “As concern rose that a fiscal deal wouldn’t be reached or that a deal would still include tax hikes, sellers clearly felt vulnerable to higher taxes in 2013.”"

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Buying and selling businesses flourishes in December - Dayton Business Journal:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.