The closing process is the final step in buying a business. The closing process includes several items before the business transaction is complete. First, the buyer and seller will sign the sales agreement. Next, the buyer will pay the agreed-upon terms/down payment...Read More »
Footwear wholesalers are the middleman between shoe manufacturers and retail companies. Unfortunately, over the last five years, manufacturers began bypassing wholesalers to cut costs. While going straight to the retailers helped manufacturers, it hurt the footwear...Read More »
The fence construction industry includes businesses that primarily construct and install fencing. In the United States, there are nearly 54,000 fence construction companies. These businesses generate about $11.3 billion in revenue. The primary driver of this industry...Read More »
There are three main methods to value a business. These methods included the income approach, market approach, and asset approach. Each method specializes in specific ways to arrive at a fair market value. A valuation expert uses these methods when valuing a business....Read More »
The auto parts wholesaling industry was significantly impacted by the Covid-19 pandemic. As consumers’ needs for driving decreased, so did automobile sales. While 2020 was a tough year, 2021 increased revenue by 5.31%. Another difficult demand for this industry...Read More »