Apr 11, 2023 | Business Appraiser, Business Valuation, eCommerce, Value Drivers
COVID-19 left many industries in a state of crisis. This is not the case for the eCommerce industry. Due to social distancing requirements, many retailers were forced to begin selling online. Doing so led to significant revenue and profit growth in the eCommerce...
Apr 9, 2023 | Auto Mechanic Shop, Business Valuation, Value Drivers
The auto mechanic industry has always been in high demand. For years, the industry has experienced healthy growth. As vehicles remain essential for daily endeavors, this trend will likely continue. Thus, now is a great time to buy or sell an auto mechanic shop. The...
Apr 4, 2023 | Business Appraisal, Business Appraiser, Business Valuation, Sign Manufacturing, Value Drivers
If you drive through any given city, you will likely see hundreds of signs or billboards. Signs and billboards can be effective advertising tools, especially for small businesses. However, many businesses are finding the internet to be an effective advertising...
Mar 27, 2023 | Landscaping, Value Drivers
The landscaping industry is extremely fragmented. According to IBIS World, over 97 percent of the industry is dominated by small businesses. This statistic represents low barriers to entry and intense competition. However, this industry has experienced healthy growth...
Mar 23, 2023 | Business Appraisal, Business Valuation, Freight Trucking Company, Value Drivers
Freight trucking is fundamental to the U.S. economy. According to industry reports, over 70 percent of all goods in the U.S. are transported by truck. Without this industry, businesses and consumers would suffer. In recent years, the freight trucking industry...
Mar 20, 2023 | Business Valuation, Hardware Store, Value Drivers
For most industries, the 2020 pandemic was a struggle. Many businesses were unable to operate due to safety restrictions. Some of them even ceased operations completely. However, this was not the case for the hardware store industry. Quarantine gave consumers plenty...
