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Mike's Minute: It's not as bad in business as you think

Here's a small myth-busting exercise for you – things aren't as bad as you might think.

Business sales from small and medium businesses are up and by quite a lot. They're up 21% in fact.

Why would you buy a business at a time like this?

You know why. Because life goes on and people have dreams and those dreams don’t get buffeted about by fiscal uncertainty.

There were 27,000 confidentiality agreements signed in the past year. That's a lot of agreements.

For an average of $800,000 you can buy your dream. Values are up, listings are up, demand is up (it's up more than listings), so prices are…

The skinny

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