Apr 11, 2024 | recreational vehicle dealership, SBA Financing, SBA Lender, SBA Loans
Recreational vehicle dealerships sell new and used motorized or towed recreational vehicles (RVs). An industry report on IBIS World notes that the RV retail industry generates over $9 billion in revenue annually. Moving forward, we can expect this number to rise as...
Apr 5, 2024 | Car Dealership, SBA Financing, SBA Lender, SBA Loans
New car dealerships sell new cars, trucks, SUVs, and passenger vans. Over the past 5 years, this industry generated over $1 trillion in revenue. According to IBIS World, we can expect healthy revenue and profit growth to continue in the years to come. As such, now is...
Mar 27, 2024 | machinery and equipment appraisal, SBA Financing, SBA Loans
Small businesses stand as pillars of innovation, resilience, and growth. Their unwavering spirit fuels our communities and drives economic prosperity forward. Yet, in the journey of entrepreneurship, navigating financial decisions can be daunting. That’s where...
Mar 25, 2024 | Car Dealership, SBA Business Valuation, SBA Financing, SBA Lender, SBA Loans, used car dealership
There are over 150,000 used car dealerships throughout the country. Together, these businesses generate over $36 billion per year. In the coming years, IBIS World predicts industry revenue to continue upwards. This is ideal if you are looking to start, buy, or expand...
Feb 28, 2024 | Business Appraisal, Business Appraiser, Business Valuation, Retail Trade, SBA Financing, SBA Lender, SBA Loans
Retail trade businesses complete the distribution process. They purchase merchandise from suppliers such as wholesalers and manufacturers and sell directly to consumers. According to IBIS World, the retail trade industry generates over $1.5 trillion in revenue each...
Feb 21, 2024 | Business Appraisal, Business Valuation, SBA Financing, SBA Lender, SBA Loans, starting a business
Experts estimate that over 4 million businesses are started every year in the United States. 80% of these businesses are likely to survive their first year. However, statistics show that 90% of startups fail within 5 to 10 years. One of the most common reasons for...
