Contractor News Roundup: July 2020
Small business owners, such as Limited company contractors, might be interested in latest research that shows a 35% leap in UK business investors.
According to findings from BusinessForSale.com, there has been quite a significant rise in the number of UK business investors with a £1million budget during 2014.
The research, carried out by the business exchange website, recorded a recorded 35.51% uplift in active searches for UK businesses valued at £1million in the first quarter of this year.
According to BusinessForSale.com, the surge in investors suggests increased confidence and established buying power in the economy’s ‘robust and growing mid-market price bracket’.
Findings revealed that the food and drink, IT and Tech, and education sectors were the top three areas investors were interested in.
Rufus Bazley, Head of Marketing at BusinessesForSale.com, said, “Such a positive leap could not be ignored and typically speaking within a twelve-month period the majority of investors will have proceeded to purchase, this will have a profound effect on the UK’s business landscape.
“This trend is in keeping with the revival of the High Street and the on-going appetite for serious business people to go it alone. What our research now indicates is the shape of those changes.”
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