How to value a home remodeling contractor business? First, some important industry stats to consider: The home remodeling companies are usually classified within the specialty contractor industry sector under the SIC code 1799 and NAICS 236220. These businesses generate combined annual revenues of $41.96B. There are some 105,000 such firms in the US alone employing… Continue Reading
Quite a few privately owned businesses and professional practices have more than one co-owner partner. And unplanned departure of a partner can have a major effect on the success of a business going forward. To safeguard business continuity, you as business owners need to plan ahead about how to transfer business ownership interests with minimal… Continue Reading
If you are valuing an established company, business goodwill may well be a substantial part of the overall business value. One of the central methods to estimate the value of business goodwill is the Capitalized Excess Earnings technique, also known as the Treasury Method. Business people and financial advisers are sometimes confused by the results… Continue Reading