Small Business Confidence Grows as Election Approaches: Key Trends and Insights

 

– Small business owners are increasingly confident they can sell their business for a good price.

– Service and retail businesses command higher sale prices.

– Acquisitions are up 20% for manufacturing businesses and 15% for restaurants.

 

Key Confidence Trends:

– Seller confidence has risen, with 54% of owners believing they could secure a favorable sale price today.

– 43% expect an even better price next year, while 39% predict stability, and only 18% foresee a decline.

 

Election Impact on Small Businesses:

– Optimism among small business owners is closely tied to the upcoming U.S. presidential election.

– 67% believe Trump would positively impact the sector, compared to 28% favoring Kamala Harris.

– Key concerns include tax reform (71%), small business loans (61%), healthcare costs (50%), labor laws (47%), and regulations (44%).

 

Business Owners’ Perspectives:

– Some business owners, like Rick Murray, report stronger performance during Trump’s previous term.

– Potential buyers, like Daniel Robertson, are waiting for clarity on tax and regulatory policies before investing.

– Others, like Heather Johnston, are optimistic about Harris’s economic plans, especially her proposed $50K tax break for new business owners.

 

How VR Business Sales in Atlanta Can Help:

If you’re a business owner considering a transition, VR Business Sales in Atlanta can guide you every step of the way. With years of experience and a focus on transparency, they can help you evaluate your business’s value, connect with qualified buyers, and ensure you receive the best possible outcome for your sale. Whether you’re planning to sell now or in the future, their team is dedicated to making the transition process smooth and stress-free.