Mar 10, 2020 | Business Appraisal, Business Valuation, Day Care, Small Business, Value Drivers
There are nearly 655,000 daycare centers across the United States providing childcare for about 25% of children under the age of 5. With the changing nature of working parents, the daycare industry is rapidly expanding. It has a historical growth rate over the last...
Mar 2, 2020 | Business Appraisal, Business Valuation, Fitness Center, Small Business, Value Drivers
Fitness is quickly becoming a part of everyone’s daily life. As such the fitness and wellness industry is experiencing rapid growth. If you own a fitness center, you may be in a great position to sell your business. The best time to sell is when cash flow is trending...
Feb 25, 2020 | Business Appraisal, Business Valuation, Medical Practice, Small Business
Many new physicians in the medical industry are opting out of private medical practices and joining hospitals and other medical groups instead. As the industry changes with incoming and outgoing practices, it is important to understand the value drivers for a medical...
Feb 20, 2020 | Business Valuation, Dental Practice, Multiples, Small Business
The U.S. dental industry has more than 180,000 practicing dentists. This comprises medical professionals engaged in practicing general or specialized dentistry services or dental surgery. This industry has a combined annual revenue of about $183 billion. Here is a...
Feb 19, 2020 | Business Valuation, Hair Salon, Multiples, Small Business
The U.S. hair care services industry has more than 80,000 businesses. Approximately 77,000 beauty salons and 4,500 barbershops. This industry has a combined annual revenue of about $20 billion. Here is a quick summary of the trend of valuation multiples for a hair...
Feb 17, 2020 | Business, Business Valuation, Financial Analysis, Small Business
How can you measure the success of your business? Financial ratios can objectively tell you the story of your business. Learning how to analyze your financial statements and calculate financial ratios comes first. There are a variety of financial ratios to consider...