Apr 24, 2023 | Business Appraiser, Business Valuation, Retail Trade
The retail trade industry has experienced healthy growth despite the hardships of COVID. This is due to the ability of retail traders to rely on online sales. This trend continues to benefit the retail trade industry. It also makes this industry immune to economic...
Apr 22, 2023 | Bookkeeping, Business Appraiser, Value Drivers
Operators in the bookkeeping industry help businesses manage and track their finances. Good financial monitoring is vital for businesses that want to increase profits. Thus, there is a high demand for bookkeeping services from businesses. According to IBIS World, the...
Apr 19, 2023 | Business Appraiser, Business Valuation, Hair Salon, Value Drivers
The hair salon industry is thriving with pent-up demand from the COVID-19 pandemic closures. However, competition in the hair salon industry is high. In addition, there are low barriers to entry. Whether you are looking to buy, sell, or grow a hair salon, it is...
Apr 16, 2023 | Business Appraiser, Business Valuation, Insurance Agency
Insurance provides financial security and peace of mind for consumers. As such, there will always be a demand for insurance. Over the past several years, the insurance industry has experienced steady profit growth. This is due to increased premiums for P&C...
Apr 14, 2023 | Business Appraiser, Business Valuation, Tire Dealership
The tire dealership industry experienced adversity over the past several years. This is partially due to travel restrictions spurred by the 2020 pandemic. An IBIS World report predicts that these negative trends will reverse in the coming years. With economic...
Apr 11, 2023 | Business Appraiser, Business Valuation, e-commerce, Value Drivers
COVID-19 left many industries in a state of crisis. This is not the case for the eCommerce industry. Due to social distancing requirements, many retailers were forced to begin selling online. Doing so led to significant revenue and profit growth in the eCommerce...
