A new survey has shown that more than half of British entrepreneurs are looking at acquisitions as the main way of growing their businesses in 2012.
The survey, carried out by restructuring specialists, RSM Tenon, found that 34 per cent of the owners of small and medium-sized business (SME) surveyed were looking at making an acquisition of a British business in 2012. A further 15 per cent declared that they were looking at taking on a foreign business.
RSM Tenon’s Head of Audit, Tax and Advisory Services, Mark Lucas, said that expanding overseas was being seen as one of the main ways that British SMEs can remain positive while tough domestic economic conditions continue.
“It is likely that entrepreneurs are currently prioritising their M&A activity due to the many acquisition opportunities that have come about as a result of the downturn in the economy,” he explained. “We’ve definitely seen a rise in businesses — small and large — taking advantage of the situation and looking acquire competitors while they are still able to do so at a reasonable price.”
The figures also showed that 42 per cent of the business owners were looking at expanding into new product or service markets, while 31 per cent said that their priority lay in new geographical markets. 
An established MOT and service centre positioned in the vibrant community of Portslade, Brighton, presents a unique opportunity for investment in East Sussex's automotive service industry.
A licensed restaurant in Brighton, East Sussex, featuring alfresco seating for 60 covers, is available for purchase.
LEASEHOLD
Opportunity to acquire a maintenance grooming equipment business in Brighton at a reduced price for a quick sale.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.