Mixed Small Business Sales Total Reflects The New Economy
The total of small and mid-sized California businesses sold last month showed an increase from the number of deals recorded in June of 2009. But the count of transactions during the first half of this year is down from the deal volume for the same period last year. Mix of good and bad news reflects uncertain economy.
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Drop in Small Business Sales Reported in California During April
Last month’s count of small business sales in California declined by 38% compared to the volume recorded in April of last year. Several factors account for this dip in activity. Meanwhile, there are encouraging signs suggesting greater transaction volume in the months to come.
Despite March Dip, Business Opportunity Sales Lead 2009
Sales activity in California’s business opportunity marketplace this year shows improvement over the first quarter of 2009. Closings last month, however, lagged 14% behind March of last year. Interruptions in the lending stream are part of the cause.
More Successful Efforts to Purchase a Business In California, a Welcome Sign
The California small business sales statistics for February have been announced by BizBen.com. The company CEO said an improved success rate among those working to purchase a business last month, when compared to results for the same month last year, is an indication of recovery in the market for small and mid-sized businesses, and a precursor of better news for the economy.
January Sees 24% Boost in Californians Buying Businesses
More Californians were involved in buying businesses last month than in January of 2009. The 24% boost in deals is attributed largely to pent-up demand and hopeful attitudes about a recovering economy.
Sale Of Small California Businesses Decline 34% For Year And Month
A 34% decline during 2009 in the volume of sales involving small California businesses, compared to 2008, resulted in part, from the difficulty in borrowing money to complete transactions.