Many individuals wonder what a business appraiser is. And what does a business appraiser do? A business appraiser is an individual who appraises or determines the value of a business. They then proceed to provide a business appraisal or business valuation for the said...
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...
There are many reasons to increase the value of your business. But today, let’s talk about the how. Learning how to increase the value of your business is essential after buying a business and before selling a business. There are several ways to go about this but here...
The recreational vehicle dealership industry has seen significant growth. Much of this is due to stay-at-home orders from the COVID-19 pandemic. Stay-at-home orders caused consumers to look for ways to get outside. Recreational vehicle dealerships offer a solution to...
Convenience stores are one of the most popular businesses to own. There are two main classifications of convenience stores. These convenience stores are either connected to a gas station or standalone stores. Convenience stores have been profitable businesses for...
The closing process is the final step in buying a business. The closing process includes several items before the business transaction is complete. First, the buyer and seller will sign the sales agreement. Next, the buyer will pay the agreed-upon terms/down payment...
