Mar 25, 2023 | Business Appraiser, Business Valuation, Pet Grooming Business, Pet Training
Unlike many industries, the pet training, grooming, and boarding industry benefited from COVID-19. Travel restrictions forced consumers to stay in their homes. To cope with the isolation, many people purchased new pets. As such, demand for pet training, grooming, and...
Mar 18, 2023 | Bookkeeping, Business Appraiser, Business Valuation
Keeping accurate financial records is a vital aspect of a successful business. For this reason, bookkeeping services are highly sought after. According to industry reports, the U.S. can expect to see an increase in new business establishments for the next several...
Mar 13, 2023 | Business Appraiser, Business Valuation, Printing Company
When valuing a printing business, many factors should be considered. As operators know, a lot goes into a printing service company. More than ever before, a successful printing company requires precise management. Industry reports show that the industry is in decline...
Jan 31, 2023 | Business Appraiser, Business Valuation, Dry Cleaning
The 2020 pandemic caused a serious decline in the dry cleaning industry. Although conditions have been revamped, the industry is not expected to make a full recovery. Businesses switched to casual dress codes, and consumers use cheaper dry cleaning alternatives. For...
Jan 27, 2023 | Auto Mechanic Shop, Business Appraiser, Business Valuation, Value Drivers
In the auto mechanic industry, a few major players produce a notable amount of revenue. Nonetheless, barriers to entry are low and small businesses dominate this industry. In recent years, the auto mechanics industry has experienced healthy growth. This trend is...
Jan 20, 2023 | Business Appraiser, Dry Cleaning, Value Drivers
The dry cleaning industry suffered greatly during the pandemic. While the economy has recovered, this industry is not expected to heal completely. Due to cheaper dry cleaning alternatives and businesses resorting to casual attire, a decline in the industry will likely...
