Feb 18, 2022 | Painting, Value Drivers
Residential painting has overtaken the painting industry, at 41.5% of the entire work. At the start of the pandemic, the painting industry was classified as nonessential. Overall revenue decreased 1.6% in 2020. The painting industry is particularly sensitive to...
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....
Feb 8, 2022 | Business Valuation, Carpentry, Value Drivers
The carpentry industry includes framing, carpentry, and finishing work. As such, it makes this a very detail-oriented industry. As the pandemic depleted the need for commercial construction, it increased the demand for residential construction. The construction...
Feb 4, 2022 | Roofing Company, Specialty Contractors, Value Drivers
The roofing industry has maintained steady growth despite economic externalities. This is true for both residential and commercial roofing companies. Growth in this industry is expected to have very little variation within the next five years as well. This makes for a...
Jan 21, 2022 | Plumbing, Specialty Contractors, Value Drivers
The plumbers’ industry is heavily influenced by the construction industry. As the demand for residential construction increases, so does the demand for plumbing services. Plumbers incur revenue through regular maintenance, repair work, and installation of new pipes...
Jan 18, 2022 | Glass and Glazing Contractors, Specialty Contractors, Value Drivers
The glass and glazing industry receives 72% of its revenue from work on office spaces, commercial buildings as well as institutional buildings. Pre-pandemic, residential houses, and apartment buildings were the lowest revenue source. The Covid-19 pandemic attacked...
