"Nearly seven in 10 (68 percent) respondents reported an increase in the number of sales of US small businesses in 2013, and 83 percent felt there will be even more small business sales in 2014, according to a report on the buying and selling of small and midsize businesses (SMBs) by online marketplace BizBuySell.
While the business broker community is optimistic for the future, survey results also indicated brokers also realise the industry is still far behind the level of activity reported before the recession.
Step forward
For example, 43 percent of respondents believed it will take more than two years before business transaction volumes return to pre-recession levels. Another 21 percent thought it could be accomplished in 18-24 months, while 18 percent optimistically predicted it would take 12-18 months. Nine percent believe transaction volumes will never return to previous levels."
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Brokers See Lift In Small Business Purchases And Sales:
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.
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