The Sunbelt New Mexico Blog
Conditions are coming together that benefit both business buyers and business sellers. During the first month of January and into the first few weeks of February, we closed two businesses and put three other businesses under contract. While this is an impressive amount of activity for one month, 2015 is simply continuing the trend that began in 2014.
BizBuySell, the largest and most active online small business market place, keeps track of the pulse of small business acquisitions and sales across the U.S. It reported that business transactions reached an all-time high the fourth quarter of 2014 and increased 41% of the same quarter 2013. The service industry was the greatest beneficiary of this increased market activity, but restaurants and retail followed closely behind. Read more
Selling one’s business can be an emotional experience for some. Your business may have been in the family for generations, you may have built it from scratch, or taken a struggling business and turned it around into a stable, growing company. Your business not only represents your investment of time and energy, but vision, making the right choices, and perfecting your operating model and marketing strategy.
However, there are times when selling your is the best course to take. Here are a few of them. Read more