Jan 23, 2019 | Business Valuation, Sign Manufacturing, Small Business
In high school, I was introduced to the concept of sign manufacturing. Today, the sign manufacturing industry is healthy and continues to see a steady increase in valuation year-over-year. The reason is, that advertising expenditure and commercial construction...
Jan 17, 2019 | Business Valuation, Event Planner, Small Business
An event planning business is the backbone of nearly every event we attend. Operating such a business can be very profitable with the average operating margin being 20.0%. As of November 2017, there are approximately 122,611 event planning businesses in the United...
Jan 14, 2019 | Business Valuation, Dental Practice, Small Business
Dental practices are among the most profitable businesses, with an average profit margin of 25.0%. As of December 2018, there are approximately 174,290 dental practices in the United States. According to IBISWorld, the cost of starting a new business has incited fewer...
Nov 30, 2018 | Business Appraisal, Business Valuation, Selling a Business, Small Business
Did you ever think about selling your company when you started? Probably not, right? So, when should you be thinking about selling your company? That is a tricky question to answer because there are so many reasons to sell your company. For example, I spoke with an...
Nov 28, 2018 | Business Plan, Small Business
Do you have an exit strategy for your business? Most small business owners have one. Those without an exit strategy frequently miss out. Whether you have one or not, the point is to plan for the future today, so that when the time comes to transition, you are...
Nov 20, 2018 | Small Business
Holiday shopping has begun and I have yet to buy presents for my wife and family. Luckily, my wife and family understand that purchasing gifts is not one of my strong suits. I prefer experiences and giving of my time. I enjoy small experiences because they not only...
