Jun 18, 2023 | Business Appraiser, Business Valuation, Hotel or Motel, Value Drivers
Despite the negative effects of COVID, the hotel and motel industry has experienced healthy revenue growth in recent years. Moving forward, this industry may benefit from increasing travel rates and consumer spending. As such, demand for the hotel and motel industry...
Jun 10, 2023 | Automobile Towing, Business Appraiser, Business Valuation
There are over 10,000 towing companies in the United States. According to IBIS World, less than 1 percent of these companies are major players. As such, the automobile towing industry is extremely fragmented. In recent years, the towing industry was able to generate...
Jun 9, 2023 | Business Appraiser, Business Valuation, Tax Preparation
The tax preparation industry has experienced healthy growth. In recent years, it has generated over $14 billion dollars in revenue. Over the next several years, IBIS World predicts a steady revenue increase to over $15 billion dollars. This is due to improving...
May 30, 2023 | Assisted Living Facility, Business Appraiser, Business Valuation, Nursing Home
The home care industry is one of the fastest-growing healthcare industries in the United States. Businesses in this industry include nursing homes and assisted living facilities. Industry revenue increased by 4.8% in 2023 alone according to IBIS World. Moving forward,...
May 26, 2023 | Business Appraiser, Business Valuation, Lumber and Building Materials Store
Due to increased housing starts and growing disposable income, the lumber and building material store industry is experiencing healthy growth. As disposable income continues to rise, we may see an increase in home improvement activities. This could boost the demand...
May 7, 2023 | Automotive Repair, Business Appraiser, Business Valuation
The automotive repair industry has served vehicle owners for years. One report predicts that the number of vehicles is increasing and will continue to do so. Vehicle usage will also increase, causing a high demand for vehicle repairs. These circumstances are ideal if...
