Mar 11, 2024 | Business Appraisal, Business Valuation, Small Business, Valuation Multiples
Small businesses are the backbone of the United States economy. It is estimated that over 99% of all businesses in the U.S. are considered small businesses. Owning a small business comes with many benefits. This includes financial growth opportunities, flexibility in...
Oct 3, 2023 | Business Valuation, IT Consulting, Valuation Multiples
IT consulting firms provide a wide variety of services to businesses, nonprofit organizations, governments, and the public sector. This may include custom IT software and hardware services, technical consulting, computer system development, etc… An industry report on...
Sep 30, 2023 | Auto Detailing, Business Valuation, Valuation Multiples
Businesses in the auto detailing industry offer thorough cleaning, washing, and waxing for passenger cars, trucks, vans, and trailers. This often includes hand washing and waxing of the vehicle’s exterior and detailed interior cleaning. According to IBIS World, there...
Sep 27, 2023 | Business Valuation, Hotel or Motel, Valuation Multiples
Hotels and motels provide temporary housing for domestic and international travelers. This often includes providing food, beverage, recreational, and other additional services. According to IBIS World, there are over 166,000 hotels and motels throughout the United...
Sep 24, 2023 | Business Valuation, Florist, Valuation Multiples
Floral shops buy flowers from various farms and sell them as floral arrangements, potted plants, and cut flowers. According to IBIS World, there are approximately 33,000 floral shops throughout the country. Over the past several years, the floral industry has...
Sep 21, 2023 | Assisted Living Facility, Business Valuation, Nursing Home, Valuation Multiples
Nursing homes and assisted living facilities offer living quarters and nursing services for people with illnesses and disabilities. These services are often provided for an extended period of time to individuals who need help with daily activities. IBIS World notes...
