Feb 28, 2024 | Business Appraisal, Business Appraiser, Business Valuation, Retail Trade, SBA Financing, SBA Lender, SBA Loans
Retail trade businesses complete the distribution process. They purchase merchandise from suppliers such as wholesalers and manufacturers and sell directly to consumers. According to IBIS World, the retail trade industry generates over $1.5 trillion in revenue each...
Feb 21, 2024 | Business Appraisal, Business Valuation, SBA Financing, SBA Lender, SBA Loans, starting a business
Experts estimate that over 4 million businesses are started every year in the United States. 80% of these businesses are likely to survive their first year. However, statistics show that 90% of startups fail within 5 to 10 years. One of the most common reasons for...
Feb 15, 2024 | Apparel Wholesale, Apparel Wholesaler, SBA Financing, SBA Lender, SBA Loans
Businesses in the apparel wholesale industry distribute clothing and clothing accessories to downstream markets. In recent years, apparel wholesalers throughout the United States generated over $125 billion in revenue. With a careful approach, operating an apparel...
Feb 12, 2024 | Painting, SBA Financing, SBA Lender, SBA Loans, Wholesale Trade Paint Wholesale
Paint wholesale businesses purchase and resell paint and other coatings to various downstream businesses. According to IBIS World, there are about 2,700 paint wholesalers throughout the United States. In recent years, these businesses have generated over $20 billion...
Feb 2, 2024 | Lumber and Building Materials Store, Lumber Wholesale, SBA Financing, SBA Lender, SBA Loans
Lumber wholesalers provide lumber, millwork, plywood, and other wood products to various downstream markets. In addition, businesses in the lumber wholesale industry may distribute doors, windows, and frames. According to IBIS World, this industry generates over $28...
Jan 30, 2024 | Auto Parts Store, Auto Parts Wholesale, Business Appraisal, Business Valuation, SBA Financing, SBA Lender, SBA Loans
Auto parts wholesalers sell automotive parts in bulk to various downstream markets. An industry report on IBIS World notes healthy growth over the past several years. This trend will likely continue in the auto parts wholesale industry. As such, starting, buying, or...