Jan 10, 2022 | Business Valuation, Flooring Installation
The flooring installation industry is heavily dependent on the construction industry. As the residential construction increases, demand for flooring installation also increases. This includes building new developments as well as renovations on currently owned...
Jan 7, 2022 | Business Valuation, Masonry Contractor, Value Drivers
The masonry industry includes work like stone setting, bricklaying, brick-to-glass block layering, and exterior marble, granite, and slate work. This type of work goes hand in hand with the construction industry. The pandemic caused a decrease in demand for commercial...
Jan 4, 2022 | Business Valuation, Selling a Business, Small Business
Selling a business is a several-step process. There are many things that need to happen prior to even listing your business for sale. In the following paragraphs, we will cover five dealbreakers for a potential buyer. To ensure you have a smooth and successful selling...
Dec 24, 2021 | Business Valuation, Roofing Company, Valuation Approaches, Valuation Multiples
Businesses in this industry are primarily engaged in roofing and siding. This includes installation as well as repairs. As specialty contractors, individuals in this industry are in high demand and growing. There are nearly 108,000 roofing contracting companies in the...
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,...
Dec 14, 2021 | Business Valuation, Painting
The painting industry was classified as nonessential during the Covid-19 pandemic, bringing revenue down 1.6% in 2020. However, this industry has bounced back in the following year and is expected to continue upward in the next few years. Residential construction has...