May 31, 2022 | Business Appraisal, Business Appraiser, Business Valuation, Economy, Small Business
There are many things that impact the value of your business. Economic conditions are a significant factor. If the economy is struggling, businesses will feel those effects. While a business cannot change the economic conditions, it can prepare or work around those...
May 27, 2022 | Business Appraisal, Business Valuation, textile mill
The textile mill industry experienced many changes in production demand throughout the pandemic. Demand from apparel manufacturers decreased 4.7%, while demand from the automotive and homeowners increased. Textile mills’ biggest competition comes from foreign...
May 24, 2022 | Automobile Wholesale, Business Appraiser
The automobile wholesale industry supplies cars to car dealerships. The dealership then sells the cars to consumers. These cars can be new or used automobiles, trucks, motorhomes, trailers, and motorcycles. The automobile industry, like many others, has experienced...
May 17, 2022 | Business Appraiser, Wholesale Trade
Demand for wholesale products greatly depends on the performance of the economy. Part of this is because the wholesale trade industry is affected by the price of commodities. These commodities can include oil, cotton, steel, lumber, etc… When these prices fluctuate,...
May 10, 2022 | Business Appraiser, Value Drivers, Wholesale Trade
Wholesale trade is the middleman between manufacturers and consumers. They are made up of 3 product segmentations; durable and nondurable goods, wholesale trade agents, and brokers. Wholesale trade was no stranger to the effects of Covid-19. They experienced an...
May 6, 2022 | Business Appraiser, textile mill, Value Drivers
The textile mill industry does not just include clothing. In fact, since the start of the pandemic, the automotive industry has become one of its biggest clients. Their needs include seatbelts, airbags, seat covers, and vehicle interiors. While demand for apparel...
