It could be fools gold. No matter what industry in which you want to buy a business. Beware of the risk culprits: Supply chain; labor shortages and costs; competitive advantages; industry rollups; quality of earnings; business buyer competition. Last but not least: Company/industry/customer behavior before/during/after Covid.

One of the most important values I contribute to my clients is helping them realize that sustainable return on investment trumps nearly everything else. We keep that in mind when we’re selecting sectors to target.

This article tells the tale: North Carolina’s Furniture Hub Is Booming. What Comes Next? The furniture capital of the state is ground zero for inflation, labor shortages, hot demand and limited sustainable supply. It’s debating how to cope.