Friday, April 25, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

Increase occurs in count of California small businesses sold in January

By
February 7, 2011 | Leave Comment

DUBLIN — The 1,248 small and mid-sized businesses sold in California last month represents the best January total since 2008.

The BizBen.com Index, which tallies and reports on small business sales in California, also showed last month’s count of closed deals nearly matched the 1,253 total for December 2010, when many entrepreneurs made sure to conclude transactions in order to meet their tax planning goals.

“This increase is a positive indication we’re starting to experience the turnaround that has been predicted,” said Peter Siegel, MBA, president and founder of BizBen.com. “We’ve seen a number of factors getting in the way of completed transactions. What’s going on now is California entrepreneurs are adapting to the realities in the marketplace.”

Those realities, according to Siegel, include “the decline in business values because of reduced small business profits, and the difficulty in getting loan approvals for the funds needed to complete business purchases.”

Figures released by the BizBen.com Index Feb. 7 show mixed results last month for the largest counties in the state. Los Angeles County businesses sold at a slower rate — a total of 277 deals — compared to January 2010 when 292 sales were completed. And the decline recorded in Santa Clara County was a total of 58 sales vs. 83 in January 2010.

But Orange County saw a big increase to 142 transactions from the 96 recorded in January 2010, and the 80 deals closed in January 2009.

Other large counties showing advances were San Francisco with 62 complete d escrows last month, up substantially from 34 in the first month of the prior year, and San Diego County with 118 sales compared to just 50 deals closed in January 2010.

Siegel noted that growth in the state’s small business sales activity can be attributed, in part, to the fact that “sellers are starting to come around, getting more realistic about current business values and the need to provide financing in order to make a transaction work.”

He also noted “There is a bit more willingness on the part of business lenders to provide money needed by business buyers, but we’re still not at the level of lending and borrowing that we saw before the financial meltdown of 2008.”

The BizBen.com Index January report on the sale of small businesses in California, by county (available at the BizBen.com January statistics page) is as follows:

A lameda: 42, Butte: 8, Contra Costa: 35, El Dorado: 11, Fresno: 52, Humboldt: 5, Imperial: 1, Inyo: 1, Kern: 47, Kings: 1, Los Angeles: 277, Madera: 4, Marin: 13, Mendocino: 1, Merced: 6, Monterey: 22, Napa: 3, Orange: 142, Placer: 14, Riverside: 43, Sacramento: 34, San Bernardino: 58, San Diego: 118, San Francisco: 62, San Joaquin: 5, San Luis Obispo: 9, San Mateo: 19, Santa Barbara: 18, Santa Clara: 58, Santa Cruz: 21, Shasta: 4, Solano: 6, Sonoma: 27, Stanislaus: 13, Sutter: 8, Trinity: 1, Tulare: 17, Ventura: 35, Yolo: 4, Yuba: 3

LEAVE A COMMENT

Discussion | No comments

.

News

Heard over the back fence: Advice offered writers

By Bob Billingsley | From Page: B1

 
Big marijuana find in EDH

By Cole Mayer | From Page: A1, 1 Comment | Gallery

Jury: Sanford guilty of murder

By Cole Mayer | From Page: A1, 2 Comments | Gallery

 
Initiative seeks roundabout vote

By Wendy Schultz | From Page: A1, 2 Comments

 
Sheriff cracking down on Tahoe pot grows

By Tahoe Tribune | From Page: A3

 
Burn permits required May 1

By Cal Fire | From Page: A7

County backs task force to reduce human trafficking

By Chris Daley | From Page: A13

 
5 years prison for child porn

By News Release | From Page: A14

A victim tells her story

By Chris Daley | From Page: A14

 
.

Opinion

 
Income inequality

By Mountain Democrat | From Page: A4, 2 Comments

Billingsley’s Bullets: Marriage makes me laugh

By Bob Billingsley | From Page: A4

 
.

Letters

What happened to ‘fair and balanced?’

By Letters to the Editor | From Page: A5, 14 Comments

 
Red tape

By Letters to the Editor | From Page: A5

Is Ukraine in Asia, Europe or Latin America?

By Letters to the Editor | From Page: A5, 20 Comments

 
Vote for Parlin

By Letters to the Editor | From Page: A5, 1 Comment

County and ‘Miwoks’ getting together

By Letters to the Editor | From Page: A5, 1 Comment

 
Ray Nutting’s donation for DA

By Letters to the Editor | From Page: A5, 7 Comments

.

Sports

 
Brown leads Golden Sierra

By Rebecca Reddish | From Page: A9

Cougars 1, Grizzlies 1

By Jerry Heinzer | From Page: A9

 
Cougars capitalize against Union Mine

By Jerry Heinzer | From Page: A9 | Gallery

Troy unpends Davis

By Brandon Anicich | From Page: A9 | Gallery

 
El Dorado wins tri-meet

By Mike Bush | From Page: A9 | Gallery

D’backs drop the ‘Hammer’

By Mike Bush | From Page: A9

 
El Dorado spikers blank D’backs

By Mike Bush | From Page: A10

Roundup: April 23, 2014

By Democrat Staff | From Page: A10

 
On tap

By Democrat Staff | From Page: A10

.

Prospecting

Amazing production brings the curtain down for Pete Miller

By Pat Lakey | From Page: B1 | Gallery

 
Things to do: April 25, 2014

By Democrat Calendar | From Page: B2

Cool Beerwerks is very cool

By Krysten Kellum | From Page: B2 | Gallery

 
Placerville celebrates Earth Day

By News Release | From Page: B3

Handcar Derby to get pumping

By Folsom Handcar Derby | From Page: B3

 
IT presents a Reader’s Theater of ‘Our Town’

By Imagination Theater | From Page: B4 | Gallery

Enjoy spring with Steiner Road wineries

By Steiner Road Wineries | From Page: B4

 
Art and brew are a perfect pair

By News Release | From Page: B5

Spring cleaning is good

Press Release | From Page: B5, 1 Comment

 
Pinewood Derby rolls at Kniesel’s

Press Release | From Page: B6

The Sacramento Music Festival celebrates world-class music

By Sacramento Music Festival | From Page: B12

 
Oak Ridge Boys come to TJ’s Corral

By Carson Valley Inn | From Page: B13

Folsom hosts Spring Antique Fair

By Folsom Historic District Association | From Page: B13

 
Viviana Guzman performs at Petroglyphe Gallery

By Petroglyphe Gallery | From Page: B13

Pioneer Jews of the Gold rush

By Folsom History | From Page: B14, 1 Comment

 
Time to join the El Dorado Community Concert Association

By El Dorado Community Concert Association | From Page: B14

.

Essentials

.

Obituaries

Frances Estelle Gilluly Fraulob

By Contributor | From Page: A2

 
Dorothy L. Irvin

By Contributor | From Page: A2

Jeanine Rae Henderson-Hodges

By Contributor | From Page: A2

 
Thomas David Ewing

By Contributor | From Page: A2

John Lawrence Olson

By Contributor | From Page: A2

 
Jack O’Camb

By Contributor | From Page: A2

Wesley M. Nyquist

By Contributor | From Page: A2

 
.

Real Estate

Spring statistics suggest slower sales

By Ken Calhoon | From Page: HS4

 
Time to spring outdoors and fix them up

By Marni Jameson | From Page: HS7

Nation’s existing home sales remain soft

Press Release | From Page: HS20

 
.

Comics

Working It Out

By Contributor | From Page: A11

 
Sudoku

By Contributor | From Page: A11

TV Listings

By Contributor | From Page: A11

 
Speed Bump

By Contributor | From Page: A11

Tundra

By Contributor | From Page: A11

 
Shoe

By Contributor | From Page: A11

Rubes

By Contributor | From Page: A11

 
Horoscope, Friday, April 25, 2014

By Contributor | From Page: A12

New York Times Crossword

By Contributor | From Page: A12

 
Horoscope, Sunday, April 27, 2014

By Contributor | From Page: A12

Horoscope, Saturday, April 26, 2104

By Contributor | From Page: A12

 
.

Home Source

Spring statistics suggest slower sales

By Ken Calhoon | From Page: HS4

Time to spring outdoors and fix them up

By Marni Jameson | From Page: HS7

Nation’s existing home sales remain soft

Press Release | From Page: HS20