Sep 17, 2023 | Business Valuation, Engineering firm, Valuation Approaches
Engineering firms play an important role for many businesses and other entities. Operators in this industry use engineering to create and work with instruments, structures, machines, systems, and processes. Engineering firm services often include consulting,...
Jan 13, 2023 | Tire Dealership, Valuation Approaches, Valuation Multiples
Demand for tire sales is expected to increase over the coming years. As such, now is a good time to enter the industry or prepare to exit. Whether you plan on buying a tire dealership or selling a tire dealership, understanding the value is important. When valuing a...
Dec 6, 2022 | Recreation Vehicle Dealership, Valuation Multiples
RV dealerships are in high demand due to increasing consumer demand for outdoor recreation. As such, now is the perfect time to enter or exit the recreational vehicle industry. If you plan on buying an RV dealership or selling an RV dealership, understanding the value...
Aug 19, 2022 | Recreation Vehicle Dealership, Value Drivers
Since Covid 19, demand for recreational vehicles remains at record highs. Revenue has continued to rise as a result. Despite delays in the supply chain, recreational vehicle dealerships fared the pandemic immensely well. In the United States, there are nearly 7,000...
Jun 24, 2022 | Business Appraiser, Recreation Vehicle Dealership
The recreational vehicle dealership industry has seen significant growth. Much of this is due to stay-at-home orders from the COVID-19 pandemic. Stay-at-home orders caused consumers to look for ways to get outside. Recreational vehicle dealerships offer a solution to...
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....
