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The John Batchelor Show

#SmallBusinessAmerica: Is this a good time to sell a small business? or to buy one? @GeneMarks @Guardian @PhillyInquirer

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 16 May 2023

⏱️ 6 minutes

🧾️ Download transcript

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@Batchelorshow
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#SmallBusinessAmerica: Is this a good time to sell a small business? or to buy one? @GeneMarks @Guardian @PhillyInquirer
https://theygotacquired.com/resources/market-for-selling-business/?utm_source=substack&utm_medium=email

Transcript

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0:00.0

This is CBS High on the World with Gene Marks, a small business columnist for the Guardian

0:08.9

newspaper, UK and US edition, as well as our hometown newspaper, The Philadelphia

0:13.4

Inquirer.

0:14.4

The question is, how much money was spent in the United States on Mother's Day this year?

0:19.9

Wrong, wrong, wrong, 36 billion, which was 4 billion more than last year.

0:25.8

My goodness, Gene, is this a secret?

0:28.6

Now, did small businesses take advantage?

0:31.3

What is your measure?

0:32.3

Well, that was sort of round up a bunch of stories I did.

0:35.4

I talked to a bunch of small business owners in Philly.

0:38.9

Mother's Day, John, is just incredible how much money is spent.

0:42.6

Everybody has to do something for Mother's Day, right?

0:44.6

So it's a obligatory.

0:46.1

So small businesses in the Philadelphia area, which is very indicative of the rest of

0:50.5

the country, we're very busy.

0:52.8

There are a lot of businesses that obviously specialize in brunch, but then there are like,

0:56.8

you know, one business that does like natural products, handmade and eco-friendly, body

1:01.5

care products, perfect for mom.

1:04.1

She had special sales that she was doing on that day.

1:07.1

Other people like a cafe owner in Philadelphia, you know, has special wine offerings, spas

1:14.1

or offering special beauty bags and days away for their, you know, for moms to take advantage

1:18.7

of, crafts and flowers, stores all around the area.

...

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