With an outlook of high interest/mortgage rates and higher inflation, it would be logical to assume that business confidence may be low.
We at Gunnink and Co have found the opposite, inquiries have been and are still strong. This has been so right through from November 2022 until now. That is a different picture than the economic forecasters had predicted.
With the baby boomers finally deciding to sell their businesses after 2 to 3 years of Covid, there is still a good opportunity to purchase a good business for the right price.
A lot of these smaller businesses need a fresh look and energetic operators. The forecast, as far as we can see, is very good for the next 3 months. In this economic climate we have to look at it every 3 months.