Press

<< back to press centre

PRESS RELEASE

December 2008

---BEGINS---

BusinessesForSale.com to offer free advertising to tempt fearful business owners

According to website http://us.businessesforsale.com – there has been a 40% drop in business owners looking to sell a business since October.

“In the United States, we would normally get around 500 business owners a month selling a business on the site. However, since the Lehman Brothers collapse in October it’s dropped to around 300,” says Andrew Markou, BusinessesForSale.com CEO.

A recent BusinessesForSale.com survey of 1000 business owners looking to sell a business in the United States revealed that 63% believed this was a bad time to sell because they believed they would not get the right asking price for their business.

“We did the survey because we wanted to know what was behind this sudden drop in advertising,” says Markou. “It’s clear there is a lot of fear out there,” he adds.

To combat this fear and to help entrepreneurs during the downturn, http://us.businessesforsale.com is offering all business owners the opportunity to list a business for sale for free on any Sunday between now and Christmas Day.

“It gives entrepreneurs the opportunity to test the business for sale marketplace,” says Markou. “There are 1000s of business buyers still looking for a business opportunity. It’s a good time to buy a business and that’s why we’re letting business owners try it for free for two months,” he adds.

Normally, an Ad on BusinessesForSale.com would cost $89 for two months. However, to sell your business for free, go to http://us.businessesforsale.com on the following dates: Sunday 7th December, Sunday 14th December and Sunday 21st December.

Notes to Editors:

---ENDS---