May 22, 2023 | Business Valuation, Tax Preparation, Value Drivers
Tax laws and regulations are constantly changing in the United States. For this reason, the tax preparation industry plays a vital role in the economy. Tax preparation businesses help individuals and businesses navigate their taxes. As taxes become more complex,...
May 20, 2023 | Business Valuation, Coffee and Snack Shop
Coffee and snack shops took a hit during the COVID-19 pandemic. With renewed growth and increased competition, coffee and snack shops are fighting to see who will prevail in the industry. A coffee and snack shop needs to know how to maximize the value of their...
May 19, 2023 | Business Valuation, HVAC, Selling a Business
At Peak Business Valuation, we frequently get asked to share stories of how business valuation reports are beneficial. As the top business appraiser for HVAC companies, Peak Business Valuation values around 1-2 HVAC-related contracting businesses weekly. A business...
May 17, 2023 | Business Valuation, Distributorship, Value Drivers
Distributorship, also known as multi-level marketing or direct selling, is a growing industry. The industry has grown by 5.3%. Experts expect growth to continue by about 0.5% each year. This is due to low startup costs and the appeal of extra income to individuals....
May 15, 2023 | Business Valuation, Hotel or Motel, Value Drivers
In recent years, the hotel and motel industry has experienced very healthy revenue growth. This is partly due to high travel trends and healthy economic conditions. However, the 2020 pandemic had a detrimental effect on both of these determinants. As travel rates and...
May 14, 2023 | Business Valuation, Cleaning Services, Value Drivers
With the onset of COVID-19, consumers have a higher inclination to keep spaces clean. As such, the cleaning services industry has experienced slight growth in recent years. Moving forward, IBIS World predicts that this upward trend will continue. This is due to an...