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...Read More »
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...Read More »
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...Read More »
May 20, 2022 | Bakery, Value Drivers
With changes in health trends, the bread production industry has been forced to adapt. Bakeries around the globe have suffered from the effects of the Covid-19 pandemic. Revenue has bounced back somewhat in 2021 with a 2.7% growth. However, there is still room for...Read More »
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,...Read More »
