A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q1 Market Pulse results. In this segment, we discuss why business owners decided to sell. Music: Good Vibe by Ketsa #IBBA #MASOURCE #MarketPulse
STORY HIGHLIGHTS Economic Confidence Index +2 in April First time in positive territory since early March 2020 Majority confident in Biden’s ability to handle the economy WASHINGTON, D.C. — Gallup’s Economic Confidence Index registered a score of +2 in April, the first time it has been net positive since early… Read More »Economic Confidence Index
STORY HIGHLIGHTS 33% average confidence in 14 major institutions, down from 36% in 2020 Public schools, medical system down after double-digit increases in 2020 Small business, military elicit the most confidence; Congress, the least WASHINGTON, D.C. — Americans’ average confidence in major U.S. institutions has edged down after increasing modestly… Read More »Americans’ Confidence in Major U.S. Institutions Dips
“You create opportunities by performing, not complaining.” – Muriel Siebert, first female member of the New York Stock Exchange Read more here….https://www.nytimes.com/2013/08/26/business/muriel-siebert-first-woman-to-own-a-seat-on-wall-st-dies-at-80.html Muriel Faye Siebert was an American businesswoman who was the first woman to own a seat on the New York Stock Exchange, and the first woman to head… Read More »Monday Mojo – Muriel Siebert
WASHINGTON, July 13 (Reuters) – U.S. consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in the costs of travel-related services from pandemic-depressed levels as the economic recovery gathered momentum. Consumer prices increase 0.9% in June CPI accelerates 5.4% year-on-year… Read More »Inflation can’t be Ignored
According to the Market Pulse 2021 Q1 survey $5MM-$50MM: Buyers in this sector were: • PE firms seeking a platform deal (33%), existing companies (20%), or PE firms seeking an add-on (20%) • Motivated to acquire a horizontal add-on (33%), vertical add-on (20%), or get better ROI than other investments (20%) •… Read More »2021 Q1: Who Purchased $5MM-$50MM Businesses?
This week, we are sharing characteristics of those who purchased businesses in Q1 2021 (Market Pulse Survey) for less than $500,000, $500,000 to $1 million, $1-2 million, $2-$5 million and $5-50 million. $2MM-$5MM: Buyers in this sector were: • First-time buyers (36%), serial entrepreneurs (28%), or existing companies (24%) • Motivated… Read More »2021 Q1: Who Purchased $2MM-$5MM Businesses?
When a business owner calls and says it’s time to sell, one of my first questions is: “How soon do you want to be out?” Typically, the answer is “Yesterday.” Unfortunately, business owners underestimate how long the process to sell a business actually takes. Once we sign our engagement agreement… Read More »Are You Ready?
This week, we are sharing characteristics of those who purchased businesses in Q1 2021 (Market Pulse Survey) for less than $500,000, $500,000 to $1 million, $1-2 million, $2-$5 million and $5-50 million. $1MM-$2MM: Buyers in this sector were: • First time buyers (27%) or serial entrepreneur (29%) • Looking for a… Read More »2021 Q1: Who Purchased $1MM-$2MM Businesses?