Feb 25, 2022 | Business Valuation, Manufacturing
The manufacturing industry includes several types of businesses. Businesses could include manufacturing food, electronic products, metal, machinery equipment, textiles, wood and paper products, and many more. There are many factors that impact the ups and downs of...Read More »
Feb 22, 2022 | Carpentry, Valuation Multiples
The carpentry industry includes businesses that engage in framing, carpentry, and finish work. There are over 220,000 carpentry businesses in the U.S. These carpentry businesses bring in over $41 billion in revenue. With the growth in residential construction, demand...Read More »
Feb 18, 2022 | Painting, Value Drivers
Residential painting has overtaken the painting industry, at 41.5% of the entire work. At the start of the pandemic, the painting industry was classified as nonessential. Overall revenue decreased 1.6% in 2020. The painting industry is particularly sensitive to...Read More »
Feb 15, 2022 | Business Appraisal, Business Valuation, Flooring Installation, Value Drivers
The flooring installation industry is heavily dependent on the housing market and construction industry. With low mortgage rates, the residential market has increased by 5.4% in 2021 alone. This has brought annual revenue growth up by 3.9% over the last five years....Read More »
Feb 11, 2022 | Selling a Business, Small Business
When selling a business, a buyer will want a detailed business plan. While most companies have these, they aren’t usually ready to pass along to a new owner. In ten or fewer pages, a business plan summary can provide key facts that potential buyers want to see....Read More »
