Mar 18, 2023 | Bookkeeping, Business Appraiser, Business Valuation
Keeping accurate financial records is a vital aspect of a successful business. For this reason, bookkeeping services are highly sought after. According to industry reports, the U.S. can expect to see an increase in new business establishments for the next several...
Mar 13, 2023 | Business Appraiser, Business Valuation, Printing Company
When valuing a printing business, many factors should be considered. As operators know, a lot goes into a printing service company. More than ever before, a successful printing company requires precise management. Industry reports show that the industry is in decline...
Mar 9, 2023 | Business Appraisal, Jewelry Store, Value Drivers
In recent years, the jewelry store industry has suffered from intense external competition. This has led to small jewelry stores ceasing operations or merging with others. Additionally, marriage rates are declining and the price of gold is increasing. Both of these...
Mar 1, 2023 | Business Appraisal, Business Valuation, Selling a Business, Small Business
Selling a business can be a big undertaking, but if done right, one that can be very rewarding. There are many things you can do along the way to avoid common mistakes when selling a business. Below we address these and how you can perform adequate due diligence to...
Feb 22, 2023 | Business Appraisal, Furniture Store, Value Drivers
The furniture store industry has a low market share concentration. With only 19 percent of the revenue generated by major players, there is plenty of room for small furniture stores to succeed. With that said, the furniture store industry is very competitive. In...
Feb 20, 2023 | Business Appraisal, Business Valuation, Eye Clinic, Optometrist, Value Drivers
The aging population is driving the demand for eye care. This increase in demand is beneficial to the optometry industry. On the other hand, according to IBIS World, refractive surgery has removed nearly half a million patients annually from annual vision correction....