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,...
Jan 10, 2023 | Business Valuation, Counseling Center, Value Drivers
With increased awareness of the importance of mental health, the outlook for counseling centers is positive. As such, this creates an enormous opportunity for individuals looking to buy, grow, or sell a counseling center. The counseling services industry includes...
Dec 30, 2022 | Business Valuation, Counseling Center
Unlike many other industries, the COVID-19 pandemic did not have a detrimental effect on the counseling center industry. Despite the economic downturn, this industry has seen growth in the past five years, according to IBIS World. This is because there is increasing...
Dec 21, 2022 | Bars and Nightclubs, Business Valuation
During the COVID-19 pandemic, there was a sharp decline in revenue and many bars and nightclubs closed their doors. As the economy recovers the bar and nightclub industry is once again expanding. This growth is appealing, however, this industry comes with revenue...
Dec 17, 2022 | Bars and Nightclubs, Business Appraisal, Business Valuation
Over the past 5 years, the bar and nightclub industry experienced growth. This expansion was negatively reversed by the COVID-19 pandemic. The severe decline for bars and nightclubs is slowly rebounding as the economy recovers. If you are looking to buy, sell, or grow...
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...