Continuing our discussion about valuation of software services companies, let’s focus on the market valuation approach. A central technique under this approach is the comparative transaction method. It is especially useful for valuing private software firms. In a nutshell, the method lets you determine the value of your software firm in comparison to similar companies that have… Continue Reading
If you own a private mailing business or need to appraise one for a client, here are some interesting statistics to consider: Mail box rental and shipping companies are classified under the SIC code 7389 and NAICS 561. This business services sector has just under 1,500,000 firms that generate over $301B in annual revenues. The… Continue Reading
Do you own a lanscaping services company? Need to determine the value of your own business or prepare an appraisal for a client? Here are some interesting industry statistics to consider: Key landscaping industry statistics Classified under SIC code 0781 and NAICS 56173, there are over 93,680 landscaping planning, design and counseling establishments in the US alone. The industry as… Continue Reading
If you own a software firm, plan to start one or acquire an existing company, here are some interesting facts to consider: The two main segments of the software industry are custom software services and pre-packaged products. Software development services firms Classified under the SIC code 7371 and NAICS 541511, the firms in the software… Continue Reading
Privately owned and operated florists are a major part of the retail industry. Classified under the SIC code 5992 and NAICS 453110, there are around 35,650 such establishments in the US alone. The industry as a whole generates an impressive $6.6B in annual revenues and employs over 135,000 people. Yet an average flower shop is… Continue Reading
Classified under the SIC code 8011, the primary care physician practices are part of a large professional health practitioners service industry. In fact, there are over 373,000 medical practices in the US alone. The industry as a whole generates some $202B in annual revenues, and employs over 3,000,000 professional and office staff. However, a typical… Continue Reading
Considering getting a surveying firm valuation? If you own a land surveying firm or plan to acquire one, here are some interesting industry statistics. Classified under the SIC code 8713 and NAICS 54136, there are some 770 such establishments in the US alone, employing over 11,500. While the industry as a whole generates $3.1B in… Continue Reading
If you own an established industrial equipment rental and leasing business, plan to buy one or need to provide a business appraisal for a client, consider adding the market-based valuation methods to your toolkit. Classified under the SIC code 7377, profitable firms operating in a well defined, protected niche, are quite valuable and sell often. This… Continue Reading
Are you planning to obtain a veterinary practice valuation? If you own a veterinary practice, consider buying one or plan to open a new clinic, here are some interesting industry statistics. Classified under the SIC 0742 code, there are over 37,000 vet practices in the US alone. The industry as a whole generates some $12.2B… Continue Reading
Hardware stores, classified under SIC 5251 and NAICS 44413, make up a sizable part of the retail industry. In the US alone there are over 27,000 hardware stores in operation employing just over 173,000 staff. Moreover, this retail industry segment generates more than $17 billion in annual gross sales. Hardware retail business is small business… Continue Reading
Do you own a small pest control company? Perhaps plan to buy one? In either case, knowing what the business is worth is essential. Privately owned pest control firms, classified under the SIC code 7342 and NAICS 56171, are a common service business. Established companies in this industry, especially those with a track record of positive… Continue Reading
Classified under the SIC 5719 code and NAICS 337133, home furnishings stores are a major segment of the retail industry. If you need to value such a business, you have a choice of well-known methods to get the job done. Perhaps the best known approach to valuing a home furnishings company is by comparison to… Continue Reading
Catering companies make up a major segment of the food and drink industry. They fall under the SIC 5812 and NAICS 72232 industrial classification.. Successful catering businesses sell quite often. So if you need to determine the fair market value of your company, you should have plenty of market evidence. In fact, valuation multiples derived from… Continue Reading
The number of business valuations involving private law practices has grown steadily in recent years. The two main types of situations calling for a law firm appraisal are these: Transactional such as the law practice sale, merger or spin-off. Legal controversy. The most common reason is divorce followed by partner disputes. Given the rising volume of law firm valuations you… Continue Reading
Do you have a need for an architecture firm valuation? First, some of the tools professional appraisers use: The pros usually prefer market-based valuation methods to value architecture firms, classified under SIC code 8712 and NAICS 541330. Business brokers often close business sales in this professional services industry. As a result, you can find reliable… Continue Reading