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There’s a Lot of Cash Out There

Aug 24th 2010 at 2:26 PM

DIRECT LINK:  http://boss.blogs.nytimes.com/2010/08/23/theres-a-lot-of-cash-out-there/?ref=smallbusiness

 

Article brought o my attention by Jay Kubassek.  There's hope!

 

You're the Boss - The Art of Running a Small Business AUGUST 23, 2010, 7:00 AM

There’s a Lot of Cash Out There

By BARBARA TAYLOR

As the economic news continues to be less than encouraging — like last week’s jobless claims report — I am hearing some very different sentiments from the folks that I talk to on a regular basis.

Two regional bankers have told me the same thing in the past two weeks, namely that they will have to start lending more money in the next 12 months. Evidently, they are sitting on so much cash that shareholders are complaining that it needs to be put to better use. Likewise, my business brokerage got a recent inquiry from a large insurance company that is interested in one of our listings. It, too, has so much cash in reserve that it is looking for ways to put it to work.

 

Many days I sift through the investment criteria of private equity groups to gauge their interest in a client’s business, or to speak with them directly. While there are many groups that include me in e-mail blasts to see if I have any good acquisition candidates for them, I’ve noticed more of these types of communications in my in-box of late. I’ve also been getting cold calls from some of them, which is something new.

It sounds like there are plenty of people who are looking for ways to spend money, and lots of it. Yet things don’t really feel better, and there even seems to be a question as to whether we’re pulling out of this recession at all.

It’s got me wondering: just how much of this is psychological?

Barbara Taylor is co-owner of a business brokerage, Synergy Business Services, in Bentonville, Ark. Here is her guide to selling a business.

 

 

2 comments
Please to comment
Dec 18th 2011 at 2:59 AM by Siamak
Thanks for sharing!
   
Aug 8th 2011 at 7:17 PM by TimRR
interesting for sure
   

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