By host on
2/13/2009 9:31 AM
“As we start 2009, it seems that the economic world has ‘re-calibrated itself’ at about 65% of where we were. One absolute constant is that there is more stability on Main Street than there is on Wall Street. What you and I do in helping REAL people value, sell and/or buy REAL businesses to provide an income for themselves and their families, has never been of more value to our clients and customers and to our marketplace than now.”
Ed Pendarvis, IBBA Weekly Email Newsletter, January 2009
We thought it would be interesting to check some back issues of the Business Broker for what is a “reality check.” Read on!
Guess the year for each of the below quotes and see the answers at the end of Number 3.
Number 1
By the very end of the ___ and into the ___, the country was in a terrible recession. For the first time, an economic downturn impacted business brokerage. In prior downturns, buyers were out of work, and owning one’s own business was still the American Dream. Business...
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