2014 Trends are Great

The first six months of 2014 have been very active for acquisitions and we anticipate the next six months of the year to be especially strong. Businesses that weathered the economic downturn of 2008 through 2011 are really showing strong trends now.

They beat out weaker competition during those years, improved their productivity and cost efficiency. Fortunately for many interested business buyers, the owners are now ready to retire and their businesses are well positioned for a sale!

Our recent success stories can be attributed, in part, to the actions the owners took over the last several years to thrive. The better business leaders paid attention to their cash flow, financial reporting, and maintaining strong customer service (as they always should).

They focused on their core business. The owners were less extravagant with their capital expenditures (business and personal) paying close attention to what was really necessary for continued operations.

Three years ago some of these businesses would not have been able to sell, or may have at a great discount. Concentrating on the basics and forging ahead made them very strong and very marketable. Buyers now have businesses to consider that made it through the recession and are stronger  than ever. And to top it off banks are lined up to finance the purchase! Everybody wins!

For more information about buying or selling a business, contact an Apex Business Advisor.

Doug Hubler
President