Select an Account to Sign In

Thryv

Text & Email, Appointment Scheduling, Customer Database

MyDex Account

Pay Bills, View Reporting, Manage Your Listings

Online Listings

Sold! More Small Businesses Exchanged Hands Last Year

Sold! More Small Businesses Exchanged Hands Last Year

Sold! More Small Businesses Exchanged Hands Last Year

For the second consecutive, the market for small businesses was active, with an increase of more than 3 percent in the sales of businesses with approximately $360,000 in yearly revenue, according to BizBuySell.com.
Meanwhile, statistics analyzed by the website showed that the median revenue for the companies sold last year increased by nearly 7 percent.
The median sale price for companies that were purchased increased only slight – a 3.3 percent gain to $155,000. That indicates it remains a buyer’s market, according to BizBuySell.com general manager Curtis Kroeker.
He said sellers are helping to finance transactions and offering other incentives to help buyers who may be having trouble getting all the financing they need.
While seller financing might make up 20 to 30 percent of the sale of a small company in good times, sellers in today’s economy are often putting up 50 percent and even 70 percent of the financing, according to Joseph L. Caffrey, president and CEO of the Virginia Beach, Va. Brokerage firm Worldwide Business Brokers LLC.
The future for sales of small businesses looks positive, according to Kroeker, as long as the economy continues to recover slowly in 2012. “Barring a global economic shock, we expect a continued steady slow path to improvement,” he said.

Have you ever thought about trying to sell those old records from the days before CDs? Learn about some of the issues involved in collecting records so you can maximize your profit.   the importance of the condition of your records and other some of the ins and outs of collecting records and old LPs.

References:

http://online.wsj.com/article/SB10001424052970204555904577167453900358474.html?mod=outsidein

(Visited 17 times, 1 visits today)
Share on: Share to Facebook Share to Twitter Share to LinkedIn
Comments

Like what you see?
Get more free content.

Next Up In Online Listings

Want to Add Your Business to Bing? How to Get Found with Bing Places

Want to Add Your Business to Bing? How to Get Found with Bing Places

Read More

[Video] The Smart Way to Use Keywords in Your Online Listings

[Video] The Smart Way to Use Keywords in Your Online Listings

Read More

Last Minute Fourth of July Promotions With Online Listings

Last Minute Fourth of July Promotions With Online Listings

Read More

Explore the Blog