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Are Boomer Entrepreneurs Preparing To Cash Out?

Posted: 04/13/2012 11:25 am Updated: 04/13/2012 11:31 am

Baby Boomers

Bloomberg BusinessWeek:

This could be another sign that the small business economy is recovering: Private company acquisitions on business-for-sale marketplace BizBuySell.com hit their highest levels in more than three years, according to data it recently released.

Closed transactions increased by nearly 4 percent in the first quarter of 2012, compared to the same time period last year. "This is now a new high watermark since 2008," says BizBuySell general manager Curtis Kroeker. "The mix [of businesses] is relatively stable; the increase in transactions is not driven by one particular sector--it's more widespread across the economy and therefore more reflective of the larger economic and marketplace factors."

Read the whole story at Bloomberg BusinessWeek

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Filed by Drew Guarini  |