You can see from the graph below that we are experiencing a real flat spot for the month of July. As mentioned previously this is a pattern we experience every year. Now that we are over the end of financial year period, I predict we are going to see a steady increase in the level of inquiries however the level of inquiries will most likely be held back by the pending election.
Put all... more
I often get asked about if jobless rates affect the amount of enquiries on businesses. I heard a snap shot about Victoria’s jobless rate on the radio recently and I thought it may be a good opportunity to put my thoughts in writing. The question, do enquiries on business sales increase or decrease on jobless rates? My answer would be no. To elaborate there are so many variables related to what... more
My last report indicated hope that the election maybe brought forward, my confidence was further boosted when I heard media reports that some of business’ heavy hitters met with Kevin Rudd to discuss the issue of the election date. That was nearly a fortnight ago and yet no announcement in regards to the federal election…….
The graph below illustrates very well my thoughts surrounding the... more
From all the shambles of politics that have has occurred this week in Canberra, oddly enough may have come some good news - that the federal election will may be brought forward. You would be well aware of my thoughts that this election has slowed business sales and other factors in our economy. In my opinion, the sooner we go to the polls and try to sort out some sort of stable government,... more
This week I attended a meeting of the Australian Institute of Business Brokers Victorian Chapter. I attend these meeting regularly as it is a great opportunity to meet fellow professional business brokers with whom one can discuss and exchange ideas, performances and general state of the market. I attend these meetings with the intention of sharing my experiences in the market and thus find... more
As suggested in the last report, total enquiries for the month of May are down on April. However you will note from the graph below that it has picked up to the later part of the month of May. I do suggest this rise in enquiries is due to a number of new business opportunities we presented to the market. Unfortunately I do predict a downward trend again for June, as history indicates,... more
Admittedly I was quite surprised to see the results of the number of enquiries for May so far. Whilst we are only half way through May the enquiry level to date is less than half the total of April. I believe in the next few months we are going to see the external uncertainty influenced by the election, and some may argue the release of the Federal Budget may have already had an impact as... more
After a positive start in terms for enquiries for April it has dropped off in the later part of the month. At the time of writing this report I’m lost for explanation as to the drop in the enquiries for late April, keep in mind we are only in the second day of week 18. On a positive note when totalling the number of enquiries, whilst April is down on March it is still higher than February... more
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