Dec 14, 2021 | Business Appraisal, Business Valuation, Painting
The painting industry was classified as nonessential during the Covid-19 pandemic, bringing revenue down 1.6% in 2020. However, this industry has bounced back in the following year and is expected to continue upward in the next few years. Residential construction has...
Nov 26, 2021 | Business Appraisal, Business Valuation, Roofing Company
The roofing industry is growing and adapting to a variety of socioeconomic factors. It was not affected by COVID-19 as severely as other industries. In fact, revenue is expected to increase this year thanks to the increase in value of residential construction. Whether...
Nov 23, 2021 | Business Appraisal, Business Valuation, Concrete Contractor, Construction
The concrete industry is directly related to the construction industry. Concrete is heavily used in construction projects. While commercial construction decreased during the pandemic in 2020, residential construction has increased. Low-interest rates on mortgages have...
Nov 16, 2021 | Business Appraisal, Business Valuation, Funeral Home
The need for funeral homes will always be there. Yet, there are many factors that contribute to the success or decline of a funeral home business. Because of the Covid-19 pandemic, revenues significantly increased. Funeral homes felt overwhelmed and overloaded with...
Nov 9, 2021 | Business Appraisal, Selling a Business, Small Business
When selling a business, be smart in the price you sell for. The price you list your business at will make a difference in the number of potential buyers and whether your business sells. You don’t want to overprice your business or sell for less than it is worth. A...
Nov 2, 2021 | Business Appraisal, Business Valuation, Buying a Business
Buying a business can be a big undertaking. There are many things you should know before jumping into the buyer’s world. Taking these steps before purchasing the business will ensure a smooth and successful process. Determine a Budget The very first thing you should...