Bright Future for American Small Businesses?

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According to BizBuySell.com, an internet business-for-sale marketplace, annual small business transactions reached record levels in 2016, topping the previous year’s totals by 8.6 percent and 2014’s previous high by 4.6 percent.

The question remains:  Are small businesses selling their businesses because they want out now as opposed to a wait and see approach or are they really selling because it feels like a healthy environment to make a move?  Only time will tell.

Overall, small business indicators point to a healthy market for buying and selling in 2017,” House [President of BizBuySell.com and BizQuest.com] said. “Although there will certainly be issues to watch under the new Trump administration, as long as small business financials continue to improve and a steady supply of listings enter the market, transaction activity should continue its momentum well into the new year.”

Read more here.