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Business Appraisals in Georgia

Georgia is the largest state east of the Mississippi River and was the last of the original 13 colonies. Founded in 1732, Georgia is known as the birthplace of Coca-Cola and Martin Luther King Jr.,. And, of course, Georgia is known for its peaches. Every year the world’s largest peach cobbler is made at the Georgia Peach Festival, 11 feet by 5 feet and eight inches deep! But don’t let the sweet poster child of Georgia fool you, the Peach State knows how to get down to business.

Georgia is an exporter state. According to the Georgia Office of Economic Development, food and fiber production contributed $76 billion to the Georgian economy in 2019, about 15% of the total GDP. In this category, Georgia is the number one exporter of peanuts in the U.S. and a top cotton producer. The state is also known for producing the most timber by volume in the country! Georgia has the most commercially available timberland in the country and is the number one exporter of forest products. Georgia ranks 5th in the US for aerospace exports, exporting internationally to Singapore, Germany, Japan, and others. Georgia ranks 11th in the economy category in the U.S. News’s Best State’s Rankings, with its strong point being its growth in GDP and migration to the state. Site Selection magazine has ranked Georgia “No. 1 for Business” every year since 2013. The state’s economic activities reflect important Georgian values like hard work, production, and delicious food. Steady indicators of stability like exports, growth, and a favorable tax environment are a few reasons why small businesses set up shop in Georgia.

Small businesses are the engine that keeps Georgia pumping. According to the Small Business Administration, (SBA), 97.7% of employers are small businesses. Georgia’s small businesses employ nearly half of the state’s private workforce. Georgia’s strong small business presence creates a high demand for business valuations and appraisals. At Peak Business Valuation, business appraiser Georgia, we recognize the value that small businesses bring to the state of Georgia. We work with individuals across the state looking to buy, sell, or grow a business. Our top priority is to ensure that our clients feel confident about the value of their business. This entails digging into what drives the value of a business. Armed with this knowledge, our clients have the confidence to negotiate boldly and fairly. Additionally, we provide clients with the information they need about their business to build lasting strategic growth plans. Reach out to Peak Business Valuation, business appraiser Georgia, with any questions you may have!

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