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Small Business Center

How Interest Rates Shaped Small Business Acquisitions in 2023 and Looking Forward

February 12, 2024

2023 began with a decrease in the rate of small business acquisitions, but the market showed resilience in the fourth quarter, spurred by the Federal Reserve’s decision to halt interest rate increases and by decreasing inflation. Overall, stability prevailed in 2023. That’s all according to BNN, which also reported that BizBuySell data revealed a marginal increase in sales of small businesses from 2022 to 2023, suggesting potential opportunities for buyers in 2024.

Read more about these trends and what they mean in BNN.

By Rebecca Meiser

Contributor, Commerce + Communities Today and Small Business Center

Small Business Center

ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.

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