BizBuySell, the internet's largest business-for-sale marketplace, reported today that small business transactions jumped 61.8% in the second quarter of 2013 as compared to the same period of 2012. In total, 1,827 closed transactions were reported in Q2 2013, a significant spike over the 1,129 transactions recorded in Q2 of 2012.
The significant boost occurring now appears driven by a recovering economy, strong supply/demand fundamentals (i.e., an aging business owner demographic and an increase in the number of qualified business buyers) and continued small business performance improvement.
"Since the recession hit in 2008, a large supply of sellers and buyers has been waiting for the right time to transact," Curtis Kroeker, Group General Manager of BizBuySell.com and BizQuest.com, said. "With the economy improving, small business performance rising and acquisition funding becoming more available, the stars are aligning for these buyers and sellers to finally achieve their business transaction goals in 2013."
Source: BizBuySell.com
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