Jul 15, 2022 | Business Appraisal, Business Valuation, Buying a Business
There are many opportunities that come along with buying a business. However, there are also many risks when buying a business. It is important to understand both sides before jumping into a big purchase like this. Buying a business comes with many responsibilities,...
Jul 12, 2022 | Business Appraisal, Business Valuation, Retail Trade, Value Drivers
The retail trade industry comprises many different sectors. Retail trade was severely affected by the Covid-19 pandemic as many stores were forced to close their doors. This caused a shift of moving to online shopping. This not only caused growing pains for businesses...
Jul 8, 2022 | Business Appraisal, Business Valuation, Jewelry & Watch Wholesale
The jewelry & watch wholesale industry recognized a 10.5% annual growth over the last five years. While the pandemic negatively impacted many businesses, it positively impacted the jewelry & watch wholesale industry. Instead of travel, individuals spent money...
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 30, 2022 | Business Valuation, Furniture Store, Valuation Multiples
The furniture store industry includes businesses that retail new furniture including household, office, and outdoor furniture, among others. It can also include furniture sold in combination with major household appliances, electronics, furnishings, or floor...
Jun 10, 2022 | Business Appraiser, Business Valuation, Methods of Valuation, Valuation Approaches
There are three main methods to value a business. These methods included the income approach, market approach, and asset approach. Each method specializes in specific ways to arrive at a fair market value. A valuation expert uses these methods when valuing a business....
