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...
Mar 9, 2023 | Business Appraisal, Jewelry Store, Value Drivers
In recent years, the jewelry store industry has suffered from intense external competition. This has led to small jewelry stores ceasing operations or merging with others. Additionally, marriage rates are declining and the price of gold is increasing. Both of these...
Mar 1, 2023 | Business Appraisal, Business Valuation, Selling a Business, Small Business
Selling a business can be a big undertaking, but if done right, one that can be very rewarding. There are many things you can do along the way to avoid common mistakes when selling a business. Below we address these and how you can perform adequate due diligence to...
Feb 22, 2023 | Business Appraisal, Furniture Store, Value Drivers
The furniture store industry has a low market share concentration. With only 19 percent of the revenue generated by major players, there is plenty of room for small furniture stores to succeed. With that said, the furniture store industry is very competitive. In...
Feb 8, 2023 | Business Appraisal, Optometrist
The eye care industry is growing. The population is aging, incomes are increasing, and there is rising awareness of the importance of eye health. Despite economic changes, this industry remains steady. According to IBIS World, about 75 percent of the adult population...
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...
