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Prices for sale of small businesses drop

To all the usual reasons that small businesses are put up for sale — personal problems and personnel squabbles among them — add economic woes this year. But even as for-sale listings rise around the country, so is buyer interest.

The problem, though, for owners seeking to sell their businesses is that prices appear to be softening — a reflection of a variety of causes, among them tighter credit markets, rising costs and fewer customers.

By ELIZABETH OLSON

Full Story: http://www.nytimes.com/2008/05/27/business/smallbusiness/27sales.html

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