Owning a hardware store can be very profitable. Hardware stores help meet the strong demand for building materials, tools, painting supplies, electrical equipment, and various types of hardware. However, starting, purchasing, or growing a hardware store often comes...Read More »
New businesses seek loans for various reasons. Each is geared towards supporting their growth and development. As such, SBA loans for new businesses may be beneficial if you are looking for capital to fund any of these activities: Initial Startup Costs (securing a...Read More »
Lumber wholesalers provide lumber, millwork, plywood, and other wood products to various downstream markets. In addition, businesses in the lumber wholesale industry may distribute doors, windows, and frames. According to IBIS World, this industry generates over $28...Read More »
Machine shops cut raw materials such as aluminum and copper into certain shapes and sizes for downstream clients. According to IBIS World, there are over 17,000 machine shops across the country. Together, these businesses generate over $8 billion in revenue each year....Read More »
Steel mills manufacture steel, iron, and ferroalloys like ferrochrome and ferroboron. The main markets for the steel mill industry are construction, automotive, and machinery manufacturing. According to IBIS World, there are only about 278 steel mills in the United...Read More »