To Buy Or Sell - That Is The Question
3 months ago many people could have assumed it was a buyers market as the world we knew seemed to change, for some anyway, almost overnight. In the last quarter of 2008 nearly 5,000 companies went into liquidation, 52% up on 2007 and forecasters are predicting up to 40,000 more could follow in 2009.
So it would look like there is probably, even for the most optimistic of us, worse to come. The question therefore must be if you have cash should you wait for a bargain business to either go bust so you can pick it up from the liquidators or should you actually be proactive and seek to acquire that particular gem while it is still trading, in which case you may be able to preserve a little more of the goodwill.
You must be a registered user of this site to download complete article PDFs.
Your personal details are for our use only and we will not share details with any third parties.
