I would recommend reading this small business article in the Arizona Republic that talks about the current state and some of the challenges of selling and buying a small business today in the Arizona market. It notes that one of the biggest continuing challenges currently is the spoty availability of financing to purchase a small business in Arizona.
On the bright side the article notes that conditions for selling a small businesses are improving as the economy continues to improve and as more sellers and buyers get creative about financing. The article also notes that some small biz professionals are predicting (I agree with this prediction) that there could be a huge surge in the numbers of businesses listed for sale in the near future as many business owners who deferred selling over the last 2 years because of the economy and slow sales decide now is the time to retire or move on...
Ready To Sell Your Business? Please feel free to contact me now (Direct 602-292-0553) if you are considering selling your business for a free and confidential consultation including a preliminary business valuation.
Now could be a very good time to consider moving forward with listing your business (keep in mind that it can take 6 months or longer to find a qualified buyer) before the market here gets potentially flooded business for sale listings.
Saturday, March 20, 2010
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