Courtesy of our Marketing Partner BizBuySell
San Francisco, CA - July 7, 2014 -- BizBuySell.com, the Internet's largest business-for-sale marketplace, reported today that second quarter 2014 small business transactions reached the highest levels reported since before the recession hit in mid-2008.
The 2,029 reported transactions in Q2 2014 represent the second highest total recorded since BizBuySell.com began tracking insights data in 2007, just 3 percent behind the record-high 2,098 transactions reported in Q2 of 2008. The full results are included in BizBuySell.com's Q2 2014 Insights Report, which aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide.
Even after a strong 2013, the business-for-sale market continues to grow as the reported deals in Q2 represent an 11 percent increase from the same period last year and 18 percent growth over the first quarter of 2014. The quarter-over-quarter growth is the highest since Q1 of last year, when the current six quarter trend of higher transaction activity began. The continued growth can be linked to a variety of factors, most notably increased supply and demand, improving small business performance, and increased capital availability.
"It has been an exciting year and a half for the small business transaction market and so far it has shown no signs of slowing down," Bob House, General Manager of BizBuySell.com, said. "To see brokers reporting this much activity is a great sign that we have left the Great Recession behind and both buyers and sellers are confident they can close deals in today's small business market."