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...
May 11, 2023 | Business Valuation, Buying a Business, HVAC
Peak Business Valuation receives many inquiries about the benefits of a business valuation for buying a business. In addition, why someone should pursue and order a business valuation report. As the top business appraiser for HVAC companies, we appraise approximately...
May 7, 2023 | Automotive Repair, Business Appraiser, Business Valuation
The automotive repair industry has served vehicle owners for years. One report predicts that the number of vehicles is increasing and will continue to do so. Vehicle usage will also increase, causing a high demand for vehicle repairs. These circumstances are ideal if...
May 5, 2023 | Business Appraiser, Business Valuation, Tanning Salon, Value Drivers
The COVID-19 pandemic had an impact on tanning salon businesses. Since the pandemic, the tanning industry is struggling to bounce back. If you are looking to buy, grow, or sell a tanning salon, it is important to understand the value drivers for a tanning salon....
May 1, 2023 | Business Appraiser, Business Valuation, IT Consulting, Value Drivers
IT consulting firms have an extremely important role in our digital age. There are thousands of businesses that rely on computing systems to function properly. As such, IT consulting firms provide the resources to ensure that these systems run efficiently. As...