The surge of the US stock market, tax reform, relaxed government regulations and a general feeling of optimism are contributing to the strength of the small business economy. According to Bank of America’s Fall 2016 Small Business Owner Report released in January, only 37% of small business owners expected their local economy to improve over the following 12 months. Fast-forward to third-quarter 2017, and BizBuySell’s Insight Report, and “a solid economy, optimism for tax reform and relaxed regulations under President Trump may be encouraging more entrepreneurs to enter small business ownership” are contributing to the “highest number of businesses changing hands” in 10 years.
Deciding whether to buy or sell a small business is a big decision. According to the BoA survey, the top economic concerns for small business owners in 2017 are:
- Health care costs
- Effectiveness of the U.S. government
- Strength of the U.S. dollar
- Consumer spending
- U.S. and/or global stock market
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About Anthony Caliendo
Anthony has discussed his sales strategies on radio and TV on CBS, NBC, ABC and FOX. He has been quoted in industry mags including Salesforce, Small Biz Daily, The Canadian Business Journal, Focus Magazine, TK Business Magazine, AMA Playbook, In Business Magazine, with a spellbinding book review in Digital Journal.
Anthony lives and works in South Florida with his wife, Lynette and their eight children.
To connect with Anthony or for more information on motivational speaking, coaching services or media opportunities please visit:
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