Nobody Wants a Recession, But His Business Usually Benefits from One, Owner Says

ORLANDO-Business brokerages that sell almost everything from corner pizza parlors to rental apartment buildings, do well in hard times, Richard E. Read, chairman/co-owner of locally based Corporate Investment International, confides to GlobeSt.com.

The main reason: Some entrepreneurs, hit by losses in the stock market, start looking seriously at buying a business that could give them the double-digit returns they used to get from Wall Street.

“The stock market returns on investments have fallen dramatically this past year from the euphoric highs over the previous several years,” Read says. “So buying a business with a normal 20% return on investment is a more desirable option than previously.”