May 28, 2023 | Auto Detailing, Business Valuation, Value Drivers
The auto detailing industry is a sub-sector of the car wash industry. This sub-sector has flourished, generating over 19 percent of revenue for the car wash industry. Moving forward, demand for auto detailing services continues to increase. In addition, consumers are...
May 24, 2023 | Business Valuation, Funeral Home, Value Drivers
Since most people pass through a funeral home after death, demand for funeral services remains steady. With high competition and recent changes in the industry, it is important to understand value drivers for a funeral home. A business appraiser analyzes these when...
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 21, 2023 | Courier and Local Delivery Service, FedEx Route, Value Drivers
Within the past few years, we have seen a significant increase in demand for online shopping. As a result, demand for local delivery services has also increased. We can expect this upward trend to continue for several years. This presents a lucrative opportunity for...
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...