The article linked below here asks a good question. It’s interesting to think about what affects business sales have on the economy and vice versa. Below are a couple of quotes from the article discussing this question. What are your thoughts about business sales related to the economy?
“A healthy market for business succession means a better overall economy,” says Mike Handelsman, Group General Manager for BizBuySell.com and BizQuest.com, websites that are a business-for-sale marketplace.”
“If more small businesses are changing hands, it speaks to the improved availability of credit in the market place,” says Mark Tepper, CFP and president of Strategic Wealth Partners, a wealth management firm for entrepreneurs and business owners.”
“Whether the current buying and selling of smaller businesses reflects a growing—or slowing—economy, is up for debate. So too is the state of the small business community.”
“”It’s always a good time to sell a business when it’s profitable,” Allred argues. “Conversely, the best time to buy a business is when the buyer has good credit, financing and time to negotiate. It’s just not always easy right now to get to those conditions for either side.”
Article from CNBC
http://www.cnbc.com/id/48490511/Owners_Are_Selling_Businesses_Is_the_Economy_Improving
AR
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