How can a shed business best decide whether or not it’s time to add to their product lines?
Best Practices
Shed Industry SWOT (Conclusion)
The value of a SWOT analysis goes beyond the information to the future planning and strategizing a business can do with the information.
Shed Industry SWOT (Part 4)
The industry’s most significant threats are a downturn in the economy, lack of materials, and the ability to maintain staffing.
Shed Industry SWOT (Part 3)
The biggest opportunity for the shed industry respondents indicated is for builders to move beyond sheds to offer other structures.
Shed Industry SWOT (Part 2)
When looking at weaknesses in the shed industry, the elephant in the room can’t be ignored—COVID-19 effects.
Shed Industry SWOT (Part 1)
One of the top strengths of the shed industry shared by respondents is quality, ranging from the products provided to the people involved.
Time to Sell (Your Business)?
Despite the limitation, the seller of a privately owned shed business can use general valuation concepts derived from active markets or comparable transactions to guide them in establishing a range of values for their own business.
Prepare Your Shed Business for Spring Success
I spoke with two shed builders to get their best tips and tricks for preparing your business for success in the offseason.
Industry Experts Share How to Create a More Resilient Business
I recently spoke with two shed industry specialists to gather their top lessons learned from COVID-19 and how these tips can be applied moving forward to ensure your business remains resilient in the face of change.
The Choice of Entity
Matching entity choice to current and long-term strategies—basic tax and structural considerations for the growing business
