Trade War Drag But Market Strong
The latest BizBuySell Insight Report notes transactions have dropped compared to records set in 2018. But 2019 business sales and financial performance remain strong.
Trade war tariffs were unexpected by many business owners, and most did not have strategies to deal with the risks. Furthermore strategies can be complicated: for example moving to suppliers outside China takes time. In addition, the 2020 election cycle has added to market uncertainty.
But the 2019 transaction pace is only slightly behind the 2018 records (e.g. Q2 -9.6%) and the outlook remains strong. Listings are increasing and solid business financial health (e.g. median revenue +14.3%) is attractive to new buyers.
For complete details and historical charts visit: Market Remains Ripe for Buyers & Sellers.
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