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...Read More »
Feb 20, 2023 | 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....Read More »
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....Read More »
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...Read More »
Feb 13, 2023 | Business Valuation, Engineering firm, Value Drivers
The engineering services industry experienced a significant decline during the 2020 pandemic. This industry rises and falls on the shoulders of the economy. Although economic conditions have greatly improved, they continue to impact this industry. When valuing an...Read More »