Category Archives: Merger & Acquisition

Business Broker Sees Better Days Ahead For Ontario Businesses

A business broker serving the Greater Toronto Area is receiving strong anecdotal signals from the business resale marketplace that the worst of the recession may be over.

“There are many more enquires from people interested in buying a business,” said Steve Skrlac, a business brokerage professional. “The start of the year was quite slow. People were frightened and very few business brokers that I spoke to were closing deals,” said Skrlac. “Interest from investors of small businesses has certainly picked up though. Business brokers are fielding more calls and good offers on businesses are coming in,” asserts Skrlac.

The business resale market in Canada has slowed considerable since the fall of 2008. Buyers were frightened of committing to an investment when the economic future was uncertain and many business owners pulled out of the business resale market altogether until the economy improved. Business brokers get paid based on transactions and this group was particularly hit hard by the recession.

The recession put a virtual stop on the small business resale marketplace. Overall business resales fell by up to a third in volume according to Skrlac. “I never thought it could have gotten so slow in the market,” says Skrlac.

Anecdotal evidence suggests that the worst is now over though. “Calls are significantly higher than from even 3 months ago. Buyers are coming back to the marketplace now,” says Skrlac. “More business owners who have held off on listing their business for sale have also decided to list. Many business brokers are much more bullish about the market now than they were compared to just last Spring,” adds Skrlac.

Steve Skrlac is a professional in the field of business brokerage. He serves the Ontario marketplace from Toronto to Hamilton.

Coldwell Banker Pinnacle Real Estate, Brokerage is based in Hamilton, Ontario. Steve Skrlac, MBA, CFA focuses on small businesses for sale valued at under $5 million.

Via EPR Network
More Small Business press releases

Welcome to EPR Small Business News

EPR Small Business News is a new blog, part of EPR Network, that is going to be focused on and will be covering the small business and stories from press releases published on EPR Network.

EPR Network (EPR stands for express press release) is one of the nation’s largest press release distribution networks on Web. The EPR’s nationwide network includes 12 State based PR sites, one major PR forum and a number of industry specific PR blogs and what started as a hobby on Internet years ago turned out to be a rapidly growing business today. EPR Network is also known as one of the most trusted (human optimized, published, edited and monitored, spam/scam/low quality PR content free) PR sites on the web with more than 10,000 company and individual press releases distributed per month. EPR Network is putting your press releases on top of all major search engines’ results and is reaching thousands of individuals, companies, PR specialists, media professionals, bloggers and journalists every day.

EPR Network has thousands of clients around the world including global 500 corporations like Hilton Hotels, Barclays Bank, AXA Insurance, Tesco UK, eBay/Skype, Emirates, just to name a few. The network’s PR web sites are currently reaching from 150,000 to sometimes 500,000 unique visitors per month while our viral reach could possibly go to as much as 1M people per month through our presence across various social media sites. EPR Network was established in 2004 and as of May 2008 it had more than 800,000 press releases (pages) published on its network.

If you have a press release to be distributed, you can do it over here: press release distribution