There are many opportunities that come along with buying a business. However, there are also many risks when buying a business. It is important to understand both sides before jumping into a big purchase like this. Buying a business comes with many responsibilities,...Read More »
The retail trade industry comprises many different sectors. Retail trade was severely affected by the Covid-19 pandemic as many stores were forced to close their doors. This caused a shift of moving to online shopping. This not only caused growing pains for businesses...Read More »
The jewelry store industry includes businesses that sell new jewelry, new sterling and plated silverware, and new watches and clocks. These businesses in addition to selling new jewelry may also provide engraving or repair services. In the United States, there are...Read More »
The jewelry & watch wholesale industry recognized a 10.5% annual growth over the last five years. While the pandemic negatively impacted many businesses, it positively impacted the jewelry & watch wholesale industry. Instead of travel, individuals spent money...Read More »
To understand what a common add-back is, we must first define it. For starters, an add-back is an expense that is added back to the profits of the business. Most often it applies to earnings before interest, taxes, depreciation, amortization, or EBITDA. This is for...Read More »