Optimism Soars for Business Sales in 2017 Says The Market Pulse Quarterly Report
Nearly three-quarters (74 percent) of business brokers—professionals who aid in the buying and selling of businesses—expect an increase in new clients coming to market in 2017, according to the quarterly Market Pulse Report published by the International Business Brokers Association (IBBA), M&A Source and the Pepperdine Private Capital Market Project.
“Small business optimism is on the rise following the election,” said Craig Everett, PhD, assistant professor of finance and director of the Pepperdine Private Capital Markets Project. “If President Trump is successful in fulfilling his campaign pledges to lower taxes and create a more business-friendly climate, we should see increased activity in the market. If the corporate tax rate drops from 35 percent to 15 percent, as he has proposed, businesses will have more capital to push into expansion and acquisition.” Read report