Hot Business List

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Hot Business List ~ 2016

Below you will find the current “hot” business list courtesy of data for  Businesses For Sale.  This ranking is not based on the actual sale of businesses, but rather, from a list of businesses that are currently in various stages of start-up, including actual start-ups, throughout the United States.

As you can see from the list, many consumers want social gathering places, where they may also conduct business.  They also desire convenience and ease of use, not to mention the ability to relax and enjoy their personal time away from their work.

As the old saying goes…”Find a need, then fill it”!

Hot Business List

Cafe’ Meeting Place

Top Ten Businesses for 2016:

  1. Café Bars
  2. Bars
  3. E-Commerce
  4. Convenience Stores
  5. Restaurants
  6. Nightclubs
  7. Sandwich Shops & Delivery
  8. Home & Garden
  9. Liquor Stores/Off Licenses/Wine Merchants
  10. Pizza Delivery

Top Ten M&A Businesses for 2016:

  1. Distribution
  2. Manufacturing
  3. Wholesale
  4. Car Wash & Valet
  5. Fabrication
  6. Road Haulage & Freight Services
  7. Auto Repair, Service & Parts
  8. Gas/Petrol Service Stations
  9. Mining
  10. Construction

Would you like to know what your business is worth?

We offer Business Valuation Services that will help you understand not only the current value of your business, but also gives you a list of opportunities to help increase the value for the future.

Too often, business owners wait until the last minute to decide they want to sell their business, only to find that the business is not properly prepared to sell.  The result is a less than desirable sell price, leaving the owner feeling like they could have gotten more for all of their hard work.

To avoid this dynamic, we recommend starting 3-5 years before you actually need to sell your business.  Start with a professionally prepared business valuation, so you know what to expect when you do sell the business.  Next, make a list of “Strengths, Weaknesses, Opportunities & Threats” (aka. “SWOT” Analysis)  Then make a short list of “Action Items” that will drive your actions while you prepare the business to sell in the next 3-5 years.

Our comprehensive Business Valuation Services can be as simple as 5-10 pages in length, or as complex as 15-30 pages, depending on the size and complexity of your business, and what you intend to do with the Business Valuation.

A professional Business Valuation can be used for many different things, including:

Establishing a Line Of Credit with your local bank

Establishing Liability Insurance Coverage

Establishing a Baseline for a Growth Plan

Establishing a Baseline for Succession Planning

Establishing a Basis for Selling the business now, or in the future

The opportunities are endless!

If you are interested in finding out more about our Business Valuation Services, feel free to call us today at:

Mike Lohbeck, CBI
MGL Business Solutions, LLC
Cincinnati, Ohio
Phone: 513-200-0247
Email: Mike@MGLBusinesssolutions.com

www.ibba.org

 

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