{"id":561039,"date":"2019-09-28T03:00:59","date_gmt":"2019-09-28T07:00:59","guid":{"rendered":"https:\/\/vrbbd.wpengine.com\/vrbbgreenbay\/q2-small-business-transactions-take-a-dip-but-strong-market-remains\/"},"modified":"2022-01-31T12:41:55","modified_gmt":"2022-01-31T17:41:55","slug":"q2-small-business-transactions-take-a-dip-but-strong-market-remains","status":"publish","type":"post","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/q2-small-business-transactions-take-a-dip-but-strong-market-remains\/","title":{"rendered":"Q2 Small Business Transactions Take a Dip but Strong Market Remains"},"content":{"rendered":"
\"\"<\/p>\n

Small business transactions have been enjoying record numbers.\u00a0 But as of the second quarter of 2019, the numbers have begun to take a small dip.\u00a0 Experts feel that the trade war with China is playing a role, according to a recent article, <\/span>\u201cQ2 Small Business Transactions Down as Trade War Questions Remain.\u201d<\/span><\/a><\/p>\n

The numbers don\u2019t lie, as the number of transactions stood at 2,444 for Q2, which is a drop of 9.6%.\u00a0 But the simple fact remains that businesses are still selling at record levels.\u00a0 As BizBuySell points out, there were 4,948 transactions reported in just the first half of 2019.\u00a0 That means that 2019 could be the second most active business-for-sale market since BizBuySell began tracking data back in 2007.\u00a0 In other words, the Q2 9.6% drop certainly doesn\u2019t mean that the sky is falling.\u00a0<\/span><\/p>\n

Deals per broker are declining, and many are looking to the current trade war between the U.S. and China for answers.\u00a0 Increased tariffs and associated worries are, according to many experts, behind the Q2 dip.\u00a0<\/span><\/p>\n

A recent BizBuySell poll of business owners noted that 43% are experiencing rising costs as a result of tariffs on Chinese goods.\u00a0 Summed up another way, the trade war with China is impacting small businesses across the board.\u00a0<\/span><\/p>\n

Ultimately, consumers will also feel the pinch as well with a whopping 64% of businesses noting that they will raise prices in order to address rising supplier costs.\u00a0 Another attention-grabbing statistic is that 65% of small business owners are considering switching to suppliers not based in China, and 54% are looking for U.S. based supplies.\u00a0 If this trend continues it could mark a dramatic shift.<\/span><\/p>\n

There is, however, ample good news.\u00a0 According to BizBuySell, buyers looking for a business will discover that the supply of quality listings on the market is increasing.\u00a0 In short, now is a good time to buy a business, as the number of businesses listed as \u201cfor sale\u201d grew by a healthy 5.2% in Q2 when compared to the same time last year.\u00a0<\/span><\/p>\n

The \u201cbusiness for sale\u201d inventory is growing.\u00a0 According to Bob House, President of BizBuySell, \u201cBusinesses are performing better than ever.\u201d<\/span><\/p>\n

Some of the top performing markets by sales included Baltimore, Portland, Seattle, Austin and Dallas.\u00a0 Those interested in buying a business will find that now is truly a historically good time to do so.\u00a0 Working with a seasoned business broker can help you find a business that is right for you.\u00a0 While the trade war has injected some uncertainty into the overall climate, there is no doubt that now is a historically unique time to buy a business.<\/span><\/p>\n

Copyright: Business Brokerage Press, Inc.<\/a><\/p>\n

utah778\/BigStock.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Small business transactions have been enjoying record numbers.\u00a0 But as of the second quarter of 2019, the numbers have begun to take a small dip.\u00a0 Experts feel that the trade war with China is playing a role, according to a recent article, \u201cQ2 Small Business Transactions Down as Trade War Questions Remain.\u201d The numbers don\u2019t […]<\/p>\n","protected":false},"author":2,"featured_media":561041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,2],"tags":[],"class_list":["post-561039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-seller-articles","category-selling-a-business"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/561039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/comments?post=561039"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/561039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media\/561041"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=561039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/categories?post=561039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/tags?post=561039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}