Read any paper, watch any news report, and you’d think not. We’ve seen the shock collapse of some pretty established UK businesses in the last two years, including Woolworths and MFI – high street staples of our youth. So it seems that the rest of the UK has now battened down the hatches ready to weather the recession.
Business and finance experts are desperate to pinpoint just how and when the economy will stabilise. But the global impact has had far-reaching consequences, with our business partners in the US and most of Europe facing the same uncertainty. Is this likely to change in the next year? Two years? Five? It’s currently impossible to say.
So how does this affect you if you’re planning on selling a business? Here are five factors you might need to consider…
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Posted by Daniel Atherton