Jul 29, 2021 | Business Appraisal, Business Valuation, Buying a Business
Buying a business is one of the fastest ways to become an entrepreneur and become self-employed. It can also be an easier option than starting your own business. One of the best ways to ensure a successful business acquisition is to obtain a business appraisal. Below...Read More »
Jul 27, 2021 | Business Valuation, Courier and Local Delivery Service, Small Business
FedEx routes are by far the most popular courier and local delivery service companies. FedEx routes have become more lucrative as the local delivery service industry continues to expand. The two largest companies in this industry are FedEx and the United Parcel...Read More »
Jul 23, 2021 | Business Valuation, Exit Planning, Family Business, Selling a Business, Small Business, Succession Planning
One of the most common ways to transition a family business is by selling to a family member. This option is often attractive to business owners due to the ease of transition and the option to keep the business in the family. How does one go about selling a business...Read More »
Jul 21, 2021 | Business Valuation, Car Dealership, Valuation Multiples
Within the car dealership industry, there are used car dealerships and new car dealerships. Across the United States, there are nearly 22,000 new car dealerships and over 129,000 used car dealerships. Together the new and used car industry generates over $1 trillion...Read More »
Jul 15, 2021 | Business Valuation, Car Dealership, Value Drivers
Car dealerships are experiencing a shortage of cars on their lots. This is primarily due to supply chain shortages in the new car market. The lack of new cars is causing more individuals to hold onto used cars rather than buy a new car. Hence, used car dealerships are...Read More »