Feb 15, 2022 | Business Appraisal, Business Valuation, Flooring Installation, Value Drivers
The flooring installation industry is heavily dependent on the housing market and construction industry. With low mortgage rates, the residential market has increased by 5.4% in 2021 alone. This has brought annual revenue growth up by 3.9% over the last five years....
Jan 28, 2022 | Business Appraisal, Business Valuation, Purchase Structure
When a business sells as an asset sale, the seller is still responsible for preexisting liabilities. However, when negotiating a sale, the buyer may agree to take over some responsibility for the liabilities. When selling a business, there are two things that can...
Dec 21, 2021 | Business Appraisal, Business Valuation, Masonry Contractor
The masonry industry is affected by the ups and downs of the construction industry, specifically the nonresidential building market. Unfortunately, during the Covid-19 pandemic, demand for commercial construction declined. This impacted the industry’s overall growth,...
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...
