Mar 4, 2023 | Business Valuation, Pet Grooming Business, Pet Training, Value Drivers
COVID-19 was hard for many industries, including the pet training, grooming, and boarding industry. Due to travel restrictions, consumers were able to spend more time caring for their pets. This led to a decrease in demand for pet care services. However, while the...
Feb 25, 2023 | Business Valuation, Engineering firm, Value Drivers
The engineering services industry is very broad. Many engineering firms find success through construction, consulting, and working on municipal projects. But these are only a few common business models. There are various avenues that one could pursue within the...
Feb 22, 2023 | Business Appraisal, Furniture Store, Value Drivers
The furniture store industry has a low market share concentration. With only 19 percent of the revenue generated by major players, there is plenty of room for small furniture stores to succeed. With that said, the furniture store industry is very competitive. In...
Feb 20, 2023 | Business Appraisal, Business Valuation, Eye Clinic, Optometrist, Value Drivers
The aging population is driving the demand for eye care. This increase in demand is beneficial to the optometry industry. On the other hand, according to IBIS World, refractive surgery has removed nearly half a million patients annually from annual vision correction....
Feb 18, 2023 | Best Business Valuation, Value Drivers
Convenience stores have always been a favorite for consumers in a rush. With consumer spending expected to rise in coming years, owning a convenience store could be lucrative. However, entering this industry can be risky since the market concentration is so high....
Feb 15, 2023 | Business Valuation, Printing Company, Value Drivers
A key to understanding how to value a printing company is understanding the industry. Only two of the industry’s largest companies have market shares of over 1 percent. As such, a significant part of industry sales is made up of smaller companies. This means the...
