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Six takeaways from BizBuySell Q1 2023 Insights Report

Business Business Information Buying a business For Buyers

Posted by Vipin Singh on

  1. As interest rates rise, acquisitions have become more expensive, leading many buyers to negotiate lower prices, resulting in pressure on business values.
  2. While business brokers believe the market favors buyers, many buyers view today’s economic conditions as an opportunity to get good value at a favorable price.
  3. The high cost of capital has delayed the purchase timeline of 42% of buyers, limiting the number of opportunities they can afford.
  4. With nearly a third of business owners speeding up their exit timelines, over 70% of business brokers feel seller financing is important in today’s market.
  5. High-interest rates have negatively impacted small businesses, particularly restaurants, struggling to hire qualified workers.
  6. Supply chain issues, a major business challenge, have started to ease.

 
 
Source: https://www.bizbuysell.com/insight-report/