Jun 7, 2022 | Auto Parts Wholesale, Business Appraiser, Wholesale Trade
The auto parts wholesaling industry was significantly impacted by the Covid-19 pandemic. As consumers’ needs for driving decreased, so did automobile sales. While 2020 was a tough year, 2021 increased revenue by 5.31%. Another difficult demand for this industry...Read More »
Jun 3, 2022 | Automobile Wholesale, Business Appraiser
In 2020, the automobile wholesale industry experienced a decrease in revenue of nearly 21.4%. This decrease resulted primarily from downstream markets. Automobile dealerships, the industry’s main downstream market, were forced to temporarily close their doors at the...Read More »
May 20, 2022 | Bakery, Value Drivers
With changes in health trends, the bread production industry has been forced to adapt. Bakeries around the globe have suffered from the effects of the Covid-19 pandemic. Revenue has bounced back somewhat in 2021 with a 2.7% growth. However, there is still room for...Read More »
May 10, 2022 | Business Appraiser, Value Drivers, Wholesale Trade
Wholesale trade is the middleman between manufacturers and consumers. They are made up of 3 product segmentations; durable and nondurable goods, wholesale trade agents, and brokers. Wholesale trade was no stranger to the effects of Covid-19. They experienced an...Read More »
May 6, 2022 | Business Appraiser, textile mill, Value Drivers
The textile mill industry does not just include clothing. In fact, since the start of the pandemic, the automotive industry has become one of its biggest clients. Their needs include seatbelts, airbags, seat covers, and vehicle interiors. While demand for apparel...Read More »
