Time to cash in on your hard work? – Sell your business!

The past three years have shown a steady increase in the sales volume of small businesses across the United States. The business brokerage firm, BizBuySell recently published sales trend data on small business buy/sell transactions and the numbers point to an average of nearly 6% increase. According to BizBuySell brokers, the 2017 numbers look to continue the growth trend.

2016 Q4 Insight Chart

According to BizBuySell’s December business broker survey, 79 percent of respondents expect transactions to improve in 2017.

If you want to learn more about buying or selling a business, check out the BizBuySell.com website.  The founder’s book on how to buy/sell a business is also a good quick-read primer for those thinking about their future as a business owner.  Pick it up on Amazon today!

 

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Posted in Business Planning & Strategy, Small Biz Resources, Small Business Finance

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