Tax Increases Slash California Biz and Acqs
February 7, 2013
San Francisco Business Times’ writes sales of small businesses in San Francisco priced below two million dollars have fallen over 50 percent from last year due to higher capital gain taxes in 2013.
The article concludes that though banks aren’t “handing out cash” the way they did before the Great Recession they are starting to loosen up their purse strings.
“California racked up a total of 1,179 small business sales in January, 3.6 percent short of the 1,223 deals in January 2012.”
If you finance biz and acq deals in California check out where the stats came from. It could be an interesting tool for you to use.
http://www.bizben.com/