Jul 7, 2021 | Business Appraisal, Business Valuation, Car Dealership
The automotive industry is experiencing a drastic lack of cars. This is primarily due to shortages in the supply chain due to the COVID-19 pandemic. As such, many car dealers are looking to enter or exit the market. Whether you plan on selling a new car dealership or...
Jun 29, 2021 | Business Appraisal, Business Valuation, Machine Shop
The demand for machine shop services has been growing over the past several months. Machine shop services primarily focus on grinding, drilling, boring, CNC milling, and sawing services. Additionally, machine shops specializing in the automotive industry are...
Jun 1, 2021 | Business Appraisal, Business Valuation, Lumber Wholesale
In May 2021, talk about the economy inevitably circles back to rising lumber prices. From grandpa grumbling about how he will never finish his cabinets at these prices to general contractors scratching their heads about how they will complete projects on budget. But...
May 18, 2021 | Business Appraisal, Business Valuation, Clothing Store
In the recent economic condition, the retail clothing store industry saw a dramatic impact. Many clothing stores struggled to maintain revenue levels. This is due to consumers shopping less and spending less of their discretionary income on clothes. The pandemic...
May 12, 2021 | Business Appraisal, Business Valuation, Electrical company
Demand for the construction industry directly impacts electrical companies and electrical contractors. While commercial construction slowed during the 2019 pandemic, residential construction continues to increase. With consistent demand and the expected growth of the...
May 5, 2021 | Business Appraisal, Business Valuation, Fast-food restaurant
Due to the recent pandemic, this industry saw a dramatic impact. While some fast-food restaurants fared well and, in some cases, even saw increased growth, others shut down for extended periods of time. In 2021, the industry has begun to rebound and by 2022, it is...
