Has There Ever Been A Better Time To Buy A Business

Stock markets around the globe continue to crumble, and unemployment rates rise. Economists are predicting that unemployment rates could rise over 7.5% as the recession continues into 2009. Even profitable global leaders such as EBay cut 10% of its workforce today. This unique period in history where equity, bond and commodity markets are all getting hammered with no relief in sight, may be the best time to buy a business. Although many main street businesses are experiencing a down year in revenue, the decrease in net income does not appear to be as dramatic as the capital loss in the markets mentioned above. In addition, as more individual lose their jobs, competition to buy businesses with positive cash flow will increase making it harder to find a good business. From a buyers standpoint, buy now while there are still quality businesses available. From a sellers standpoint, this is a great time to list your business for sale if you are profitable because there are going to be plenty of buyers looking for opportunities to invest in as well as many buyers looking to replace lost income. If you are interested in buying or selling a business, please visit our website at www.empiresandiego.com or call 858-673-7773.