Mar 21, 2024 | Electrical company, Electrical Equipment Appraisal, Equipment Appraisal
Electrical machinery and equipment power our daily lives. Without it, transportation systems, communication networks, and infrastructure would fail. In the same way, an understanding of electrical equipment powers strategic business decisions. Understanding the value...
Mar 6, 2024 | Electrical company, Electrical Equipment Appraisal, machinery and equipment appraisal
Obtaining an electrical equipment appraisal is key to making better business decisions. Buying, selling, or growing a business requires a deep understanding of its equipment. An equipment appraisal calculates the financial value of electrical equipment. It provides...
Oct 22, 2023 | Business Valuation, Electrical company
Electrical companies primarily install electrical power and systems for commercial, residential, and institutional clients. IBIS World notes that there are over 239,000 electrical companies in the United States. These businesses generate over $46.5 billion in revenue...
May 16, 2023 | Electrical company, SBA business valuations, SBA Loans
Right now is a profitable time for electrical companies. The demand for electrical services is higher than ever before. So, it is a great time to buy, sell, or expand an electrical business. There are lots of new technology and energy sources that can help an...
Jan 13, 2022 | Construction, Electrical company, Specialty Contractors, Value Drivers
The electrical industry is rapidly growing alongside the construction industry. With an annual increase of 2.0% over the past five years, there is no indication of it slowing down. As such, it is a great time to consider expanding, selling or buying an electrical...
May 14, 2021 | Business Valuation, Electrical company, Valuation Multiples
The electrician industry includes businesses that primarily install and service electrical wiring and equipment. Electrical contractors perform installations, additions, maintenance, alterations, and repairs. The electrician industry has nearly 219,314 businesses....
