There is no doubt that the world is in unchartered territory as we deal with the global pandemic of COVID-19.
Although many of us have never lived through something like this, many have experienced recessions and the global financial crisis.
One thing that is proven time and time again is that the business environment and the economy always recovers. Smart investors see events like this as an opportunity.
If you have a business and are looking to sell, there are many people in many industries across Australia that have been stood down or made redundant. This could well be the spark that motivates a number of these people to begin their search for business opportunities.
If you are on the other side and someone who has always wanted to own their own business, the current situation can also throw up many great opportunities. There will be business owners looking to sell in these times, many under the usual market value the same business would ordinarily actualise just a month ago!