May 3, 2022 | Apparel Manufacturing, Business Appraiser, Manufacturing
The apparel manufacturing industry was no exception to the pains of the pandemic. Clothing industries had to close their doors and move online. Because of that, business plans needed adaptation and modification to reflect the current situation. While the pandemic has...
Apr 29, 2022 | Bakery, Business Appraisal, Business Valuation
Recent health and diet trends continually change the bakery industry. Many consumers have started seeking healthier alternatives to the bread products they purchase. This has led to a recent decline in revenue within the bakery industry. Some of this change can also...
Apr 22, 2022 | Apparel Manufacturing, Business Appraiser, Manufacturing
The apparel industry has experienced many ups and downs throughout the pandemic. With public restrictions in place, clothing stores were forced to shut their doors. All manufacturers experienced and continue to experience shortages in supplies. These shortages...
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....
Jan 28, 2022 | Business Appraisal, Business Valuation, Purchase Structure
When a business sells as an asset sale, the seller is still responsible for preexisting liabilities. However, when negotiating a sale, the buyer may agree to take over some responsibility for the liabilities. When selling a business, there are two things that can...
Dec 21, 2021 | Business Appraisal, Business Valuation, Masonry Contractor
The masonry industry is affected by the ups and downs of the construction industry, specifically the nonresidential building market. Unfortunately, during the Covid-19 pandemic, demand for commercial construction declined. This impacted the industry’s overall growth,...