Oct 4, 2022 | Auto Parts Store, Value Drivers
The auto parts store industry is expected to expand. For the second month in a row, the U.S. consumer confidence index increased. The consumer confidence index is a quick way to gauge consumer spending in the economy. As business conditions improve, the index rises....Read More »
Sep 27, 2022 | Brewery, Business Appraisal, Business Valuation
There may have never been a better time to own a smaller-sized brewery. Recently, industry insiders have noted changes in consumer preferences. Many consumers now prefer craft, local beers to large company breweries. Small breweries today have new opportunities to...Read More »
Sep 23, 2022 | Business Appraisal, Business Valuation, Consulting, Value Drivers
The consulting industry has seen fluctuations due to various economic factors. One of these factors was the COVID-19 pandemic. The industry has stabilized since 2021 as the economy reopened. Consulting companies are projected to see growth in the next five years. It...Read More »
Sep 13, 2022 | Brewery, Value Drivers
The brewing industry has become heavily concentrated. There are several large players accounting for a large majority of sales in the industry. According to IBIS World, the largest five companies account for over 70% of total revenue in 2022. But do not let these...Read More »
Jul 5, 2022 | Add-Backs, Business Appraisal, Business Appraiser, Business Valuation
To understand what a common add-back is, we must first define it. For starters, an add-back is an expense that is added back to the profits of the business. Most often it applies to earnings before interest, taxes, depreciation, amortization, or EBITDA. This is for...Read More »