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Florists and Flower Shops

SIC 5992 | NAICS 453110

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following page sections or scroll below to see a complete listing of available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For resource guides specific to other industries, see our index which lists resource guides by SIC code for over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Florists and Flower Shops  (view report)
Online Flower Shops  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

Sample report is available online.

Society of American Florists
Information resources available from this organization include:

Floral Industry Frequently Asked Questions (FAQs)
http://www.safnow.org/frequently-asked-questions-faqs
Frequently asked questions section provides information on the various segments of the floral industry―including growers, wholesalers, and retailers―and includes additional references for more information. All information can be viewed free online.

Statistics: Floriculture Industry Overview
http://www.safnow.org/floriculture-industry-overview
Industry overview section provides sales, production, and employment statistics for the various segments of the floriculture industry, and also includes retail sales data by product type and sales channel. All information can be viewed free online.

Floral Trend Tracker
http://www.safnow.org/floral-trend-tracker
Quarterly publication provides insights on current business conditions and the economic outlook for the floral industry, with each issue including the results of the SAF's Quarterly Economic Outlook Survey. Current and prior issues can be viewed free online.


Florists
http://www.firstresearch.com

First Research profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, business challenges, issues, trends, and opportunities, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:

Sample report is available online.

AboutFlowers.com
About The Flower Industry
http://www.aboutflowers.com/about-the-flower-industry.html
Various sections provide an overview of the flower industry, with topics covered include industry statistics, consumer buying trends, holiday floral statistics, and floral careers. All information can be viewed free online.

U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Floral Designers
http://www.bls.gov/floral-designers.htm
Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Florists' Review Magazine
Information resources available from this organization include:

How to Open and Operate a Financially Successful
Florist and Floral Business Both Online and Off

http://www.amazon.com
Publication provides a comprehensive guide to starting and operating a floral business, with topics covered including distribution channel development, pricing formulas, sales and marketing techniques, managing employees, and more. Table of contents and searchable text can be viewed free online using Amazon.com's " Look Inside" feature.

The Retail Florist Manual
http://www.amazon.com
Handbook covers all aspects of operating a flower shop from shop layout to bookkeeping and wire services to pricing, and provides insights and practical tips on how to manage a floral shop successfully in a highly competitive environment.


More Resources ››



Financial Benchmarking Data


Industry Financial Ratios
Florists and Flower Shops
http://www.bizminer.com  Search for "453110"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key financial and operating ratios, with detailed analysis available by sales size range on a national, state, and metropolitan area level. Sample reports are available online.

More Resources ››



Compensation and Salary Surveys


U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Floral Designers
http://www.bls.gov/floral-designers.htm
Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

More Resources ››



Business Valuation Resources


Society of American Florists
Valuing a Florist Business
http://www.safnow.org/frequently-asked-questions-faqs
SAF's Research Information Department has a collection of articles on valuing a florist business which is available upon request, and can also provide a list of consultants that can assist in valuing a floral business. Contact association for more information.

Small Business Valuation Formula Multiples
Retail Florists and Flower Shops
http://valuationresources.com/

Comprehensive reference guide provides market-based business valuation multiples for small businesses in more than 200 industries. Valuation multiples are derived from actual business sales transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.


BVMarketData
Private Company Sales Transactions
Pratt's Stats® | BIZCOMPS®
Free "Visitor Search" allows users to search private company sales transactions by business description for comparable business sales transaction data, including revenue, earnings, and EBITDA multiples.


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Related Industries:
Flower and Florist Supplies Distributors
Garden, Landscape, and Plant Nurseries
Grocery Stores and Supermarkets
Lawn and Garden Equipment and Supplies Stores

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