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...
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 1, 2022 | Business Valuation, Construction, Fencing, Specialty Contractors
With the rising demand for home building, the fence construction industry is on the rise. Although profit growth has been hindered by rising costs in raw materials, demand for fence construction is expected to increase. Despite a decrease in revenue in 2020, the...
Mar 25, 2022 | Business Owner, Business Plan, Business Valuation, Growing a Business, Small Business
Maximizing the value of your business is beneficial whether buying, selling, or growing a business. While there are many ways to do it, these are a few of the most essential drivers behind a successful business. Value drivers are a concise way to focus on what matters...
Mar 18, 2022 | Business Valuation, Manufacturing
Metalworking machinery manufacturers are dependent on other industries like automobile manufacturing. Because of the Covid-19 pandemic, industry revenue decreased 6.8% in 2020. With disruptions in the supply chain, production has continued to struggle. Machine shops...
Mar 15, 2022 | Business Valuation, iron & steel, Manufacturing
Companies that manufacture iron and steel create products for several different industries. Iron and steel have experienced several ups and downs over the years. This includes drops in revenue by 9.8% in 2019 or increases by 12.7% in 2021. While the industry took a...