The prices small businesses sold for during the third quarter of 2018 reached record highs, according to the 2018 third-quarter Insight Report from BizBuySell.com, the online business-for-sale marketplace. The record sale prices are related to stronger business financials which also hit new levels in Q-3″ according to Bob House, president of BizBuySell.com. “With buyers able to offset increasing prices by acquiring healthier businesses, the result is a well-balanced market. To be in a place where both buyers and sellers are able to capitalize without the other party losing out is fantastic and a testament to the strong will of entrepreneurs.”
$249,000 | Median sales price of a small business during Q-3, 2018
10.7% | Percentage growth of median sales price (year-over-year) (Highest increase since BizBuySell started collecting data in 2007)
Buyers are purchasing businesses with better financial footings
$530,995 (up 7.4% year-over-year) | Median revenue
$116,229 (up 2.8% year-over-year) | Median cash flow
Tariffs and elections take center stage as market aims to continue record pace
Even as small business asking prices have continued to rise, buyer demand has not swayed thanks to the attractive financials absorbed in an acquisition. However, as witnessed during the Great Recession, small business success is greatly tied to the performance of the overall economy.
30% | Percentage of owners who say they will be negatively affected by the tariffs.
76% | Percentage of owners who approve the tariffs (including half of those believed to be negatively impacted)
30% | Percentage of buyers who approve the tariffs
23% | Percentage of buyers who said if tariffs remain in place, they would be less likely to purchase a small business
90% | Percent of Republican business owners who support the tariffs
27% | Percent of Democratic business owners who support the tariffs
“We’ve now had a few record-breaking years in a row in terms of transactions and it appears 2018 will be no different,” said BizBuySell.com’s House. “The fact that small businesses are selling for the highest price to date and demand hasn’t slowed shows how much confidence both sides have in today’s market.”
Charts | BizBuySell.com Photo | GettyImages
The SBA’s National Small Business Week is May 1-7, 2022
The virtual summit will acknowledge small businesses from across the country for their resilience, ingenuity, and creativity.
IRS Tip: How Small Business Owners Can Deduct Their Home Office From Their Taxes | 2022
The home office deduction allows qualified taxpayers to deduct certain home expenses when they file taxes.
NRF: 51 Million Shoppers Participated in Small Business Saturday | 2021
The importance of supporting local businesses remained top of mind for many consumers.
Small Business Saturday; Small Business Everyday | 2021
A national marketing event that reminds consumers why it is important to support small and local business.
Apple Unveils a New Small Business Service That Brings Together Device Management, Support and Storage
Apple says the new service brings together device management, 24/7 Apple Support, and iCloud storage for small businesses with up to 500 employees.
Government Resources for Military Vets Who Are Starting, Growing a Small Business| Veterans Day, 2021
Small Business Administration programs can provide access to capital and preparation for small business opportunities. And more.
Your Small Business Advertising and Marketing Costs May Be Tax Deductible | 2021
An ordinary expense is one that is common and accepted in the industry.
Retail Federation Predicts Highest Holiday Sales on Record | 2021
Holiday spending has the potential to shatter previous records.