Jun 21, 2023 | Business Valuation, Consulting
The consulting industry serves as a vital partner for businesses, governments, nonprofits, and individuals. This is because consulting firms provide guidance in crucial areas such as strategic planning, operational efficiency, and financial management. Without...
Jun 20, 2023 | Business Appraiser, Business Valuation, Car Wash
In recent years, the car wash industry has flourished due to technological advancements and low gas prices. Although COVID had a damaging effect on the industry’s progress, we can expect steady growth in the years to come. According to IBIS World, the U.S. has a...
Jun 18, 2023 | Business Appraiser, Business Valuation, Hotel or Motel, Value Drivers
Despite the negative effects of COVID, the hotel and motel industry has experienced healthy revenue growth in recent years. Moving forward, this industry may benefit from increasing travel rates and consumer spending. As such, demand for the hotel and motel industry...
Jun 13, 2023 | Business Valuation, Medical Practice
Over the past several years, the medical practice industry has experienced an upsurge in demand. This is a result of various factors such as the aging population, rising chronic illness rates, and population growth. As these determinants continue to rise, demand for...
Jun 10, 2023 | Automobile Towing, Business Appraiser, Business Valuation
There are over 10,000 towing companies in the United States. According to IBIS World, less than 1 percent of these companies are major players. As such, the automobile towing industry is extremely fragmented. In recent years, the towing industry was able to generate...
Jun 9, 2023 | Business Appraiser, Business Valuation, Tax Preparation
The tax preparation industry has experienced healthy growth. In recent years, it has generated over $14 billion dollars in revenue. Over the next several years, IBIS World predicts a steady revenue increase to over $15 billion dollars. This is due to improving...
