Jan 17, 2023 | Business Appraisal, Business Appraiser, Business Valuation, Buying a Business, Small Business
When stock market returns decline, many investors turn to small businesses. And who wouldn’t? While small businesses involve more risk, their rate of return often averages between 15% and 30%. (And we have seen small businesses that do far better). Additionally,...
Dec 23, 2022 | Business Appraiser, Lumber and Building Materials Store, Value Drivers
The value of lumber and building materials stores has been changing recently. Recent market forces have had positive effects on the industry which have altered the industry’s landscape. For example, as home improvement activities by consumers increased the demand for...
Nov 22, 2022 | Best Business Appraiser, Business Appraiser, Business Valuation
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...
Jul 5, 2022 | Add-Backs, Business Appraisal, Business Appraiser, Business Valuation
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...
Jun 28, 2022 | Business Appraisal, Business Appraiser, Growing a Business, Small Business, Value Enhancement
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...
Jun 24, 2022 | Business Appraiser, Recreation Vehicle Dealership
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...
