RTA Business asks this week; what do the economic effects of the fastest expansion of business investment in two years mean for you if you are looking to sell your business?
RTA Business Consultants: We’re here to Help
Here at RTA Business we are here to help you make the best deal possible when you decide it’s time to sell your business. With the largest business database of any UK transfer agent, along with an experienced team, we have brokered numerous business sales up and down the country.
During our tenure as one of the UK’s top business sales brokers, we’ve learned that timing is everything. Catch a potential buyer when the time is right, when their market is particularly ripe, and you’ll walk away with everything you are looking for.
The Economic Recovery is in Full Swing
And these figures further indicate what we’ve known for a while. The economic recovery – which has seen UK economic activity reach pre-2007 levels this summer- has improved business leader confidence. A confident business leader is one willing to take on the risks of buying your company.
In fact, official figures have shown that the fastest expansion in business investment for the past two years has actually helped spur on the economic recovery, boosting UK financial growth for the first quarter of 2014.
Business Investment Expansion Significant Factor in UK Economic Growth
According to figures released by the Office of National Statistics (ONS), business investment increased by a rate of 5% for the first quarter of 2014; this is nearly double the previous ONS estimate of 2.7%.
Furthermore, the ONS has revealed that economic growth as a whole for the UK measured 0.8% for the first three months of the year; business investment expansion accounted for 0.4% of the 0.8% figure; hence, it was a significant contributor to the continuance of the UK’s remarkable economic recovery.
RTA Business Consultants Explains What This Means for You
So what does this mean for you? Various figures have shown that the economic recovery has facilitated a rise in business leader confidence, and now this latest data has proved that the relationship is cyclical, as a stronger economy has boosted business investment expansion, which has in turn fed back into the economy, making it even stronger.
Essentially, the economy’s on the up and the confidence of business leaders means that it’s likely to stay that way for the foreseeable future, inspiring business leaders to further expand; which they might just choose to do by buying your business!