Entrepreneurs Cashing Out in 2012
By Dane Carlson on April 16, 2012 in Featured / News
Inc.:
According to data collected from BizBuySell.com, online business-for-sale marketplace, acquisitions for the first quarter of 2012 were the highest they’ve been since 2008. Bloomberg reports that although the company-for-sale business is not back to pre-recession levels, the increase is a positive indicator.
“While we are not out of the woods yet, economic factors are slowly improving and have given the business-for-sale marketplace a nice boost to start 2012,” Mike Handelsman, group general manager of BizBuySell.com and BizQuest.com, said in a press release.
What’s driving the upswing in acquisitions? Bloomberg cites the steady improvement of small business revenue and cash flow since mid-2010 to be a major factor.
Photo by bsabarnowl.
Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.
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