MAY TRADE NEWS

Warehouse complex proposed for Peterborough

Local authorities urged to help businesses improve recycling

Business leaders lose faith in the Labour government

Sole traders join forces on the Isle of Wight

FPB calls for government to cancel fuel duty increase

Consumers get better protection from rogue traders

Health and beauty sector will grow despite economic slowdown

Credit crunch hits wholesale and retail businesses' cash flows

CBI reports manufacturers expect to increase prices

Businesses attack new agency worker rules

Credit crunch 'has not stopped owners selling their businesses'

BRC stresses UK firms do not use exploitative suppliers

OFT targets retailers who claim to be closing

Carbon Trust urged to support small firms

London business buck trend as sales increase

Bank charges 'could harm small business

Small businesses 'could be hurt by extended flexible working rules'

BRC reports gloomy sales figures

Businesses urged to embrace rail network

Business pessimistic about economic future

Fuel duty rises 'should be postponed to help businesses and consumers'

Report calls for better government support of small businesses

Businesses asked for bribes to win contracts

Small businesses hit by staff absences

Small businesses 'turn to older employees to plug skills gap'

Businesses warned of continuing economic slowdown

Tories pledge to support small suppliers and local businesses

Continuity plans 'vital for small firms'

Manufacturers force to pass rising costs on to customers

Oxfordshire Retailers Flex Their Muscle

FSB steps up campaign to protect local suppliers

Small firms 'are turning to bridging loans to maintain cash flows'

Government looks to help business by streamlining consumer laws

Business disappointed by interest rate hold

Shop prices 'only rising slowly'

Postal competition 'has not helped small wholesalers'

Small firms are turning to bridging loans to maintain cash flows

South-west's roads 'need to be improved to help wholesalers'

Retailers see April increase in shoppers

Government urged to involve small firms in tax forum

Good online retail practice satisfies customers

Small retailers urged to embrace gift card schemes

Commission inquiry not doing enough for small retailers

Hornby buys model car maker Corgi

Trade News Archive May 08 April 08 March 08 February 08 January 08

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21st May 2008

Credit crunch 'has not stopped owners selling their businesses'

An article written for the Cambridgeshire Chamber of Commerce has suggested that the credit crunch has not prevented business owners from selling their enterprise if they wish to.

Writing on the site, Derick Humphrey of the Business Partnership explained that business transfer sales have not been affected by the tightening financial situation in the country.

He said: "The reason for this is that traditionally potential business buyers have either cash available, or a good deal in cash as a deposit making them less of a risk for banks."

Mr Humphrey added that people opted to sell their businesses for a wide variety of reasons, including retirement, forced sales or even just to "reap the rewards of their hard work".

Whatever the reason, he suggested that small firms should use a professional company to manage the process and provide an accurate valuation of the business.

Recently, Lloyds TSB suggested that many small businesses in the UK were not convinced about the economic future of the country.

 

(c) 2008 Adfero Ltd.