May 18, 2021 | Business Appraisal, Business Valuation, Clothing Store
In the recent economic condition, the retail clothing store industry saw a dramatic impact. Many clothing stores struggled to maintain revenue levels. This is due to consumers shopping less and spending less of their discretionary income on clothes. The pandemic...
May 12, 2021 | Business Appraisal, Business Valuation, Electrical company
Demand for the construction industry directly impacts electrical companies and electrical contractors. While commercial construction slowed during the 2019 pandemic, residential construction continues to increase. With consistent demand and the expected growth of the...
May 5, 2021 | Business Appraisal, Business Valuation, Fast-food restaurant
Due to the recent pandemic, this industry saw a dramatic impact. While some fast-food restaurants fared well and, in some cases, even saw increased growth, others shut down for extended periods of time. In 2021, the industry has begun to rebound and by 2022, it is...
Apr 20, 2021 | Business Appraisal, Business Valuation, Exit Planning, Exit Strategy, Small Business
Exit planning affects your business. In Dr. Stephen R. Covey’s The 7 Habits of Highly Effective People, Covey instructs the reader to envision attending their own funeral. What would you want others to say about you? What would you want the sum of your life’s...
Mar 30, 2021 | Business Appraisal, Business Valuation, e-commerce
eCommerce is an ever-growing industry. With the recent pandemic, online buying has seen a drastic spike. With increased demand, more and more eCommerce businesses are being bought and sold. Whether you plan on selling an eCommerce business or buying an eCommerce...
Mar 6, 2021 | Business Appraisal, Business Plan, Business Valuation, Liquor Store
Profitable liquor stores are always in high demand. Specifically, during the COVID-19 pandemic, liquor stores have fared well and have continued with strong growth. With the strong growth, it is a great time to buy or sell a liquor store. The first step of that...
