The news this year has been a mixed bag thus far. From market momentum to market corrections to politics to volcanos to oil spills to sovereign issues around the globe the very ground we stand on has seemed unstable.
All-in-all this has created what seems like a manic environment requiring a healthy dose of lithium to find steady footing and even keel emotions.
Well, we have some positive news to report. The quality of Seller inquiries has risen, decision-making paralysis has decreased across both sides of the table, the quality and expectations of Buyers have also leveled and their willingness to commit has increased.
What we are seeing on the ground level is confirming and building upon our 1st Qtr newsletter Timing is Everything. A recent study put out by BizBuySell, a leading business for sale website, reports increased business transactions, reduced time on the market and increased pricing multiples. All of which are very encouraging for a strengthening environment.
We look forward to the day the markets, sovereign entities around the world and all the geographic occurrences find solid footing but until then we will do our best to keep you abreast of our particular brand of insight on business successions.