May 17, 2023 | Business Valuation, Distributorship, Value Drivers
Distributorship, also known as multi-level marketing or direct selling, is a growing industry. The industry has grown by 5.3%. Experts expect growth to continue by about 0.5% each year. This is due to low startup costs and the appeal of extra income to individuals....
May 15, 2023 | Business Valuation, Hotel or Motel, Value Drivers
In recent years, the hotel and motel industry has experienced very healthy revenue growth. This is partly due to high travel trends and healthy economic conditions. However, the 2020 pandemic had a detrimental effect on both of these determinants. As travel rates and...
May 14, 2023 | Business Valuation, Cleaning Services, Value Drivers
With the onset of COVID-19, consumers have a higher inclination to keep spaces clean. As such, the cleaning services industry has experienced slight growth in recent years. Moving forward, IBIS World predicts that this upward trend will continue. This is due to an...
May 9, 2023 | Business Appraisal, Insurance Agency, Insurance Brokers, Value Drivers
In our volatile world, having insurance is crucial. Insurance provides financial protection against unexpected events like car accidents and earthquakes. As such, there is a steady demand for the insurance brokerage industry. Insurance brokerages help consumers find...
May 5, 2023 | Business Appraiser, Business Valuation, Tanning Salon, Value Drivers
The COVID-19 pandemic had an impact on tanning salon businesses. Since the pandemic, the tanning industry is struggling to bounce back. If you are looking to buy, grow, or sell a tanning salon, it is important to understand the value drivers for a tanning salon....
May 1, 2023 | Business Appraiser, Business Valuation, IT Consulting, Value Drivers
IT consulting firms have an extremely important role in our digital age. There are thousands of businesses that rely on computing systems to function properly. As such, IT consulting firms provide the resources to ensure that these systems run efficiently. As...
