Healthy Growth Blog Archives - Apple Growth Partners

Revving Up: How AI is Driving Car Wash Innovation

By Brandon H. Fredericks, Principal, Strategy & Growth / Healthy Growth Blog / May 10, 2024

In the ever-evolving landscape of business and technology, the car wash industry finds itself at an inflection point. As the world grapples with economic shifts, supply chain challenges, and changing consumer sentiments, there emerges a developing ‘toolbox’ of solutions powered by artificial intelligence (AI). This transformative force, once confined to science fiction narratives, is now …

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Why Outsourcing Your Accounting and Finance Team Can Benefit Your Business

By Brandon H. Fredericks, Principal, Strategy & Growth / Healthy Growth Blog / May 9, 2024

As a leader in the car wash industry, you know first-hand how important it is to keep a close eye on your financial records and overall financial health. It’s essential that you have the ability to collect accurate and timely financial information that will allow you to make informed decisions, manage cash flow, and plan for the future.

The Ohio Commercial Activity Tax is Changing — Are You Ready?

By Robert W. Jackson, Senior Manager, Tax Services Group / Healthy Growth Blog / March 14, 2024

The Ohio legislature passed House Bill 33 in July of 2023, and arguably the most significant piece of tax legislation was changes to the Ohio Commercial Activity Tax (CAT). In essence, while the changes do not eliminate the CAT, they effectively will result in most small businesses exempted from the tax over the next couple of years.

IRS Research Credit and Expense Update

By Robert W. Jackson, Senior Manager, Tax Services Group / Healthy Growth Blog / March 11, 2024

With the quick passage of the Tax Relief for American Families and Workers Act of 2024, this bill is now sitting within the Senate Chambers. One of the primary features of this bill was the expansion of the Research & Development credit so important to small and midsize businesses that we serve every day.

What Can We Expect from the M&A Market in 2024?

By Brandon H. Fredericks, Principal, Strategy & Growth / Healthy Growth Blog / February 1, 2024

As we get settled into 2024, one area that all business leaders continue to monitor closely is what the merger and acquisition (M&A) market will reveal after about eighteen months of uncertainty and wavering expectations. With inflation leveling, potential federal rate cuts in our future, and a presidential election year upon us, there is a lot to evaluate and consider as businesses look to jump into the M&A waters once again.

Series: The Importance of Succession Planning

By Andrew Adolph, Senior Associate / Healthy Growth Blog / January 18, 2024

Owning and leading a closely held business can be time-consuming, requiring absolute focus from its owner(s). However, it is essential to take time to reflect on the future of the business and its leaders.

What’s Ahead for the Car Wash Industry in 2024?

By Brandon H. Fredericks, Principal, Strategy & Growth / Healthy Growth Blog / January 10, 2024

The Carwash Industry remains one of the most dynamic and changing business environments in the service sector as we head into 2024. Over the past several years, the industry has grown exponentially due to the customer demand for higher convenience, the rise of the subscription service business model, a variety of ownership models leading to increased growth and economies of scales, and technology advancements to increase overall customer demand.

Insights from the 2023 Car Wash Show

By Jeffrey D. Brooks, Principal / Healthy Growth Blog / June 27, 2023

Last month, I had the opportunity to attend The Car Wash Show in Las Vegas. This year’s event had more than 400 exhibitors and more than 9,000 attendees and featured engaging presentations and insightful discussions showcasing the latest industry developments. For those of you in the industry who didn’t have a chance to attend the event, or even those of you who did but couldn’t make it to every session you wanted to attend, I would like to recap some of my key takeaways.

Does an ESOP Make Sense for My Exit Plan?

By Matthew J. Silla, Principal, ESOP Services Group / Healthy Growth Blog / June 27, 2023

As a business owner, you have to make many decisions, including how, and when, it’s time for you to move on from your business. The process of stepping away from your company can be difficult, but proper planning can ensure that you and your business will not only survive the process but thrive for years to come.

Turbocharging Your Car Wash for Growth: The Car Wash Advisory Board

By Brandon H. Fredericks, Principal, Strategy & Growth / Healthy Growth Blog / June 19, 2023

Apple Growth Partners (AGP) had the pleasure of hosting a panel discussion at this year’s Car Wash Show in Las Vegas, Nevada. Our conversation sparked a lot of great questions and discussions. Our team believes in the power of Healthy Growth® and one of the best ways we continue to demonstrate that is with our ability to team with owners and leadership groups to tackle head-on the opportunities and challenges facing the business today.