Industry Spotlights

Several current trends are changing the way accounting businesses operate, according to research from Wolters Kluwer, CCH, a global provider of tax, accounting, and audit information, software, and services.

In the US, advertising is a multi-billion-dollar industry. In 2015, it was reported that there were more than 13.3 thousand advertising agencies in the US with close to 189 thousand employees. It is expected that ad agencies in the US will generate more than 45 billion US dollars in revenue in 2020.

Agriculture, food, and related industries contributed $992 billion to the US gross domestic product (GDP) in 2015, a 5.5% share, according to the latest research available from the US Department of Agriculture (USDA). Exports from US farms are expected to reach $140 billion during the fiscal year 2018.

With the ability to purchase anything and everything from shoes to technology online, fewer and fewer consumers are physically entering stores. This has caused numerous fast fashion franchises to cut back on the number of locations. That being said, antique stores, with their one-of-a-kind, timeless pieces, are unaffected by this trend.

The art industry is lucrative and incredibly popular among consumers. In fact, the art and culture market is estimated at 150 billion US dollars annually - not including spending on museums and exhibitions.

There is no shortage of choice for those interested in buying an automotive business. And the good news for sellers of automotive businesses is that sales are brisk in the industry.

The International Air Transport Association expects the global airline industry to make a net profit in 2017 of $29.8 billion on forecast total revenues of $736 billion, which represents a 4.1% net profit margin.

An awards business may simply provide the merchandise such as awards made of multiple materials while some may even include engraving services. These businesses – whether small and local or larger and franchised – are prevalent in any area and a worthy investment.

When deciding to sell a bookstore, no amount of preparation is too extensive. For entrepreneurs interested in starting a bookstore business, purchasing an existing store is often smarter than starting from scratch.

Harvard’s Joint Center for Housing Studies estimated a total of $383.3 billion was spent by homeowners on home improvement in 2017 alone. Imagine adding commercial construction projects and office expansions to that number. There is never a wrong time to consider diving into this industry.

More than five years ago, the catering industry contributed over $45 billion to the economy and by 2016, independent catering companies were making more than $8 billion in revenue. Similarly, the restaurant industry expects to add 1.4 million jobs by 2020.

Child care is one of the largest sectors within the education and training industry. Child care centers provide supervision and educational programs for pre-school and school age children.

A cleaning business can be an extremely profitable enterprise with consistent demand.

Demand for clothing is driven by consumer income and fashion trends. The profitability of individual companies depends heavily on effective merchandising and marketing.

There are more than 20,000 coffee shop businesses in the United States with an average combined annual revenue of $10 billion. With no signs of slowing down, experts predict the coffee shop industry to reach $46.2 billion by 2021.

Total US construction starts for 2017 will advance 5% to $713 billion, following gains of 11% in 2015 and an estimated 1% in 2016, according to the 2017 Dodge Construction Outlook.

When a consulting business is for sale, it’s more than a property and its profits, it is the advice, experience and expertise of its consultants that is truly for sale. If you are selling a consulting business, it is important to market it as such

In our fast-paced age, convenience and speed are highly valued currencies. Convenience stores offer the perfect business model to capitalize on these consumer demands.

The craft industry includes goods that are handmade by artisans. During the recession, when many other retail sectors declined, the craft industry held steady at $30 billion in annual revenue.

Daycare businesses have become necessary in today/'s fast-paced world. Businesses in the daycare industry provide daycare services for primarily pre-school aged children.

The delivery service industry will always be in demand. Consumers consistently and increasingly need to free up time from must-do chores so they can focus on more productive or enjoyable activities.

Most adults in the United States rate oral healthcare as important to them, according to research from the American Dental Association (ADA).

According to The Outlook for Wholesale Distribution in 2016 survey conducted by industry magazine Modern Distribution Management and NetSuite, many distribution businesses throughout the U.S. expected growth in 2016 and beyond.

The dry cleaning market is worth nine billion US dollars. With the US economy stabilizing, the future of dry cleaning could brighten. There will always be white collar workers and formal attire that will require professional dry cleaning.

From 2001 to 2017, the number of businesses in electronics tripled and employment increased by 68%. This increase occurred as most other industries saw a decrease in both areas. There is no doubt that being in the market to buy or sell one of these businesses is a good idea.

In 2018, the equipment rental industry market size was $51.72 billion with projections to reach $54.36 and $56.86 billion in 2019 and 2020 respectively. With the market growing exponentially and no signs of slowing down, it is both a worthy investment for new buyers and a wise business decision, if you are looking to sell.

The event planning industry is a growing one. In the last five years, it has grown by 3.9% and by 2017, was worth 5 billion US dollars. In that same timeframe, the number of event planning businesses has grown by 2.1% and the number of employees by 2.4%.

One look at current government statistics will tell you that the United States is exporting more goods and services than ever before. If you are considering the selling or purchase of an export business, now is a great time.

Contractors in the $23 billion flooring industry primarily install flooring, carpeting, linoleum, wood, and other alternatives. Over the next few years, the flooring industry is forecast to grow up to 5% annually.

Offering wide variety of unique business opportunities, grocery stores and supermarkets constitutes a $601 billion industry, carrying 90% of all food store sales.

Cool treats – like frozen yogurt – are always in season. A study conducted in 2017 showed that the frozen yogurt industry makes $194,910,000 in profits with 121 million servings sold annually. The rise in its popularity has made it a lucrative industry with 820 shops found in the United States alone.

The furniture industry primarily sells household, outdoor, and office furniture. A large part of retail sales come from living room, dining room, bedroom furniture.

Buying a gas station is a profitable, stable and rewarding form of business ownership. Gasoline remains at the center of our global economy and daily lives.

As people become increasingly more interested in leading healthier, more active lives, owning a gym will most likely continue to be a profitable enterprise.

As the housing market has strengthened and consumer confidence has returned, the hardware store industry has steadily grown over the past five years.

A hobby is defined as “an activity done regularly in one's leisure time for pleasure.” Therefore, finding monetary value in that can be incredibly rewarding.

It comes as no surprise that the workforce includes 1.2 million people and has a 10-year projection of 6.1% growth. Needless to say, the housekeeping industry is one to consider investing in, especially in states like California, Florida, Texas, and New York.

Ice cream is one of the most popular (and delicious) desserts in the world. It/'s no wonder that the average American consumes 23 pounds of ice cream every year.

For nearly as long as there has been human civilization, there has been trade. In our collective history, humanity has shared an interest in buying and selling goods from one another.

Insurance related companies constitute one of the largest sectors of overall business in the United States. Insurance carriers and related activities contributed $450.3 trillion, or 2.6% of the US Gross Domestic Product in 2014.

Transworld/'s landscaping business category includes lawn care, tree trimming and many other services dedicated to designing and maintaining attractive outdoor spaces.

Liquor stores have always been a stable, "recession-resistant" form of business that provide their owners - especially owners looking to work as owner-operators - with a reliable income.

The backbone of industry, manufacturing drives the country/'s economy, accounting for 12% of the U.S. Gross Domestic Product.

Currently, the global market size stands at 430 billion US dollars and is most prominent in the United States and Western Europe. However, most medical technology companies come from the United States. For example, Johnson & Johnson made 27 billion US dollars in 2017.

In 2016, the moving industry made $85.7 billion in profits, and trends show a continuous increase. Although the industry is mostly comprised of small businesses, there is room for growth, particularly in franchising and expansion.

The pest control industry is a highly sought after sector in business brokerage. There are many reasons for this, but the main one is the buyers love the recurring revenue model that the companies enjoy.

With taste and quality being among the most important qualities when choosing a restaurant, of 68,950 restaurant goers, 47% actually stated that reasonably priced food outranked food quality (30%) and type of cuisine (25%). Studies conducted in the United States showed 18.5 billion of 45.1 billion dollars in overall pizza sales were through independent pizzerias.

The pool business is a $15 billion-dollar industry comprised of establishments that construct a wide range of swimming pools, including in-ground pools, swimming ponds and indoor pools.

It might surprise you to know that the number of people in the US who own a pool, hot tub or spa is approaching the 20 million mark. This growth trend for the pool industry will likely translate into growth in the market for the services of swimming pool cleaning and maintenance businesses.

Private schools in the US have never been more popular with parents and other adults throughout the nation, according to recent statistics. A Gallup Poll survey conducted in August 2017 showed that Americans rate private schools significantly higher than other types of schools.

The real estate business is a diverse industry, including the major sectors of real estate brokerage, property management and leasing.

Restaurant businesses are returning on investment better than ever - a trend that has continued year after year for the past eight years, according to the National Restaurant Association.

As most of us know, the restaurant industry enjoys nearly universal popularity among consumers. Restaurants provide a practical service while offering a favorite source of leisure.

Optimistic is the word most retail business owners used to describe their outlook for growth when they answered market research company CIT/'s 2016 Survey of Middle Market Retailers.

Since a significant portion of the consumer population rarely sacrifices spending on personal appearance and grooming even in hard economic times, the salon industry is virtually recession-proof.

Transworld/'s collection of schools for sale offers something to match the interests of any educational entrepreneur.

Troubling world events over the past decade along with the effects of the economic recovery have led to an increase in service sales for several types of security businesses.

Virtually everything that surrounds us comes from somewhere else. The transportation industry encompasses all those businesses that move people or goods, by land, sea, or air, from one point to another.

The travel industry is huge, contributing more than $10 trillion (US dollars) to the global economy annually, representing a significant portion of the overall economy.

As more brands have been seeking live experiences in order to engage with their audiences, the need for event planners and event spaces has increased accordingly. In 2018, the demand for non-traditional meeting facilities was expected to increase by 3.8%.

Consolidation and success in leveraging technology have driven profitability and productivity for many wholesale businesses. Plenty of opportunity is now available for those who want to buy wholesale businesses.