Tuesday, October 27, 2009

For Sale Signs Increase as Economy Slumps

If you're looking to sell your business, here's some good news: When people can't find jobs in a tight economy, they're more likely to look into buying one (read: buying your business), says this New York Times article, which cites a 66 percent increase in sales made via bizbuysell.com in the first quarter of 2008 over the same period last year.
Now for the bad news: It's a buyer's market, the article says, which means if you are looking to sell, you're going to have to settle for less money.

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