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Report: U.S. seeing lots of small businesses getting sold

It appears that, in recent times, sales of small businesses have been increasingly common here in the United States.

Recently, an online marketplace for the sale of small businesses (BizBuySell.com) released data on the number of small business sales that occurred within its business broker network in this year’s third quarter. Purportedly, the total of closed transactions for the quarter was 2,090. This is the highest total that has been seen in awhile. You have to go all the way back to the second quarter of 2008 to find a greater total.

One wonders what will happen in upcoming quarters with the level of activity when it comes to sales of small companies.

Concerns about price among both sellers and buyers are among the things some are pointing to as being behind the high numbers of businesses sales in recent times.

Of course, concerns about timing and price are far from the only concerns prospective buyers and sellers of small companies can have. They also may have various worries regarding the legal issues related to the transaction they are considering entering into. They may be concerned about how to best handle such issues and what implications such issues could have. Attorneys experienced in matters involving business sales can give prospective buyers and sellers guidance aimed at ensuring they have the right information when making big decisions regarding a sale and the major legal issues connected to it. So, if a person is planning on joining in on the flurry of small business sales that has been occurring recently in the U.S., whether as a buyer or a seller, they may want to contact such an attorney.

Source: Post Bulletin, “Business sales at highest level in 8 years,” Oct. 21, 2016

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