The end of our tenth month of survey results has seen the upward trend in buyer confidence continue- even after the US stock market crash. The big surprise came from the finance related question. Buyers’ positivity towards their ability to obtain finance for a business purchase increased by a surprising 8.45%, easily the biggest increase yet in any field. Though this still leaves it at around 50% positivity we’re quietly hoping that this is the beginning of a new trend, as an increased ability to obtain finance would reduce the strain on both business buyers and business sellers alike.
Unsurprisingly, of all the fields asked, the only one to trend negatively was the question pertaining to how buyers see the economic and business climate changing over the next six months. This saw almost a 3% drop.
All other fields (likely hood of finding a business, positivity towards buying a business, impressions of the current supply of businesses) saw, on average, an increase of positivity of 3.17% leaving them not quite as good as they were ten months ago but certainly better than six months ago.
So what could this mean for you? As buyer positivity increases we may begin to see more sellers taking advantage of the opportunity of finding a buyer in a positive market. This could mean more good businesses on the market but only time will tell.
We’re really interested in how you feel the market is progressing and would love to get your opinion on it. If you’ve got 30 seconds and would like to go into this year’s final draw to win one of SIX iPod shuffles (that’s right, one more this time) click here to take part in the survey!