State of the Business Sales Market 1st to 15th August 2013

FINALLY we have some sort of clarity with an election date announced, this has resulted in an increase in the level of enquiries.  Whilst there is a small upturn in the graph, keep in mind the graph measures number of Confidentiality Agreements Signed not enquiries, so there is abit of a lag in the graph due to the time it takes for prospects to return their agreements, plus we are only part way through this week of August.  I am predicting that in my next fortnightly report we will see an increased level of enquiries. Note however that this will still be suppressed until the federal election has been run and won.

If there is a positive to take from the election campaign it is that there has been an emphasis on policies to assist small business.  Whether these policies actually assist small business and come through to fruition is a debate for another time.  What is important to us in market of business sales is the public’s perception.  If there is a perception that the elected government is prepared to pitch in and help small business, it is more likely to encourage those who have thought about getting into business to get started, whether that be to start up their own or buy into an existing business.

In the graph below you will note a spike for the end of July/Start of August I believe is due to our Monthly E-Newsletter that was distributed to our database that saw a renewed interest from prospects in some of the businesses we have for sale.