Apr 4, 2024 | Business Appraisal, Business Valuation, Small Business, Value Drivers
Small businesses employ over 60 million people in the United States. That is nearly half of America’s private workforce. As such, small businesses play an important role in our economy. In addition, operating a small business is very rewarding for business owners. If...
Jul 8, 2023 | Event Planning, Value Drivers
In recent years, marriage rates are declining resulting in a decrease in revenue for event planning businesses. As such, event planners need to capitalize on other events including birthday parties, corporate events, and other festivities. In addition, there is high...
Jun 30, 2023 | Apparel Wholesaler, Business Valuation, Value Drivers
For the next several years, small business owners in the apparel wholesale industry may face extreme challenges. This includes low-profit margins, intense competition, and vertical merger activity from competitors. While these conditions are not ideal, success is...
Jun 28, 2023 | Floral Shop, Value Drivers
The floral industry has struggled for several years. Online flower retailers and other forms of external competition have caused a drop in the demand for traditional floral businesses. Covid-19 amplified this downward trend as many floral businesses were forced to...
Jun 22, 2023 | Business Valuation, Medical Supply, Value Drivers
The medical supply industry has performed well over the past several years. This industry is a crucial part of the healthcare system. This is especially true during times such as the 2020 pandemic. As such, the demand for medical supplies increased. Industry growth is...
Jun 18, 2023 | Business Appraiser, Business Valuation, Hotel or Motel, Value Drivers
Despite the negative effects of COVID, the hotel and motel industry has experienced healthy revenue growth in recent years. Moving forward, this industry may benefit from increasing travel rates and consumer spending. As such, demand for the hotel and motel industry...
