State of the Market 15th to 30th August 2012

This is the first of these reports.  Every fortnight I provide my vendors with a brief report on the current state of the business sales market and individual progress on their business sale.  I’ll add the same general report to this blog for others to use as a tool when making decisions circulating the Business Sales market.  Please feel free to post questions.

The good news is that the positive trend has continued since my last report.  You can see from the graph below we have got through our annual end of financial year lull.  Although August looks better than June and July the level of enquiries are still a long way short of what we experienced earlier this year.  The vibe around the office is that activity and momentum is building.

Many have asked if the number of recent high profile job losses have made an impact on business sales.  Our response is ‘not yet’.  We believe it would take some time for an individual to come to terms with a loss of a job and then make the decision to buy a business.  I predict we may start to see the results of these job losses later this year and early next year.