Jul 8, 2023 | Business Appraisal, Event Planner, Event Planning Business, Value Drivers
In recent years, marriage rates are declining resulting in a decrease in revenue for event planning businesses. As such, event planners need to capitalize on other events including birthday parties, corporate events, and other festivities. In addition, there is high...
Jul 6, 2023 | Business Appraisal, Business Valuation, Medical Supply
The medical supply industry is extremely fragmented. IBIS World notes that less than 15 percent of industry revenue is generated by major players. As such, the medical supply industry is very competitive. However, medical supplies have been in high demand. This trend...
Jul 2, 2023 | Business Appraiser, Business Valuation, Painting
The paint wholesale industry has faced adverse conditions due to various factors. This includes poor economic conditions, extreme external competition, and volatile crude oil prices. Moving forward, IBIS World predicts the industry to improve as the economy recovers....
Jun 29, 2023 | Business Appraisal, Business Valuation, Retail Trade
In recent years, the retail trade industry has generated over $8 trillion dollars with growing profit margins. According to IBIS World, this upward trend will continue for the next several years. As such, there is a high revenue and profit growth opportunity for those...
Jun 27, 2023 | Business Appraisal, Business Valuation, Moving Companies, Valuation Multiples
Moving companies provide moving and relocation services for individuals, governments, and businesses. These services include local, long-distance, and international shipping of used assets. According to IBIS World, there are over 17,000 moving companies throughout the...
Jun 26, 2023 | Auto Detailing, Business Appraiser, Business Valuation
Auto detailing is a sub-sector of the multi-billion dollar car wash industry. This sub-sector has performed very well in recent years. In the coming years, we can expect the auto detailing segment to generate over 16 percent of the car wash industry’s revenue....
