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...
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...