The latest BizBuySell Insight Report notes that first quarter transactions were down slightly in 2019, but remain at historically high levels. Keep in mind this comparison is to the record levels set in 2018, indicating that the overall market remains strong and the business outlook remains optimistic.
Looking forward there are many factors which can complicate projections, including low unemployment, record profits, and the uncertainty created by tariffs. However, the report notes that the small business median asking price actually rose 4.6% in the first quarter. Owners are working hard to prepare for any economic swings, including diversifying revenue, preserving cash and finding the right talent to grow market share.
For complete details and historical charts visit: Market Remains Ripe for Buyers & Sellers.
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