Jun 2, 2023 | Business Valuation, Pharmacies and Drug Stores, Value Drivers
When valuing a pharmacy, it’s important to understand the industry. The pharmacy industry is experiencing a 3.80% growth rate. The industry is looking to grow as the number of individuals over the age of 65 increases. In the upcoming years, the pharmacy industry...
May 29, 2023 | Business Valuation, Urgent Care, Value Drivers
As hospitals became crowded during the COVID-19 pandemic, many people turned to urgent care centers to take care of their medical needs. While we are recovering from the 2020 virus, the urgent care industry continues to thrive. IBIS World predicts that industry...
May 28, 2023 | Auto Detailing, Business Valuation, Value Drivers
The auto detailing industry is a sub-sector of the car wash industry. This sub-sector has flourished, generating over 19 percent of revenue for the car wash industry. Moving forward, demand for auto detailing services continues to increase. In addition, consumers are...
May 24, 2023 | Business Valuation, Funeral Home, Value Drivers
Since most people pass through a funeral home after death, demand for funeral services remains steady. With high competition and recent changes in the industry, it is important to understand value drivers for a funeral home. A business appraiser analyzes these when...
May 22, 2023 | Business Valuation, Tax Preparation, Value Drivers
Tax laws and regulations are constantly changing in the United States. For this reason, the tax preparation industry plays a vital role in the economy. Tax preparation businesses help individuals and businesses navigate their taxes. As taxes become more complex,...
May 21, 2023 | Courier and Local Delivery Service, FedEx Route, Value Drivers
Within the past few years, we have seen a significant increase in demand for online shopping. As a result, demand for local delivery services has also increased. We can expect this upward trend to continue for several years. This presents a lucrative opportunity for...