Industry and Market Analysis

manufacturing and Market Analysis Stay work force Ready Specialists would be filed under the NAICS 238320 application classification. The NAICS (North American Industry categorisation System) is a system used by the get together States count Bureau to label and track trends of in altogether American industries. Specific every last(predicate)y, NAICS 238320 is all companies that would be classified as, Painting and contend C overing Contractors. This industry has had a rough go over the last xv years. Currently the industry is declining at a rate of almost 4.4% and its average employee (Kansas) makes around $11.32 an hour, or $23,500 dollars a year. From a premier(prenominal) glance these figures would be discouraging to someone that was flavour to relegate a business in this industry. Even though 238320 is refers to a specific sector of the construction industry, it is still a handsome reference point. When an industry, specifically the one you ar in, is in line o f descent, it is eventful for business owners and executives to adapt to the changing demands of their consumers. allow to the Bureau of exertion Statistics, while the value of the industry is in decline, its workforce is on the rise. It is hard to get an accurate appraise on how legion(predicate) businesses like mine are in the KC metro.

amongst sole proprietors and individuals operating illegally, an accurate figure is hard to determine. accord to the 2010 National Census, on that point were 288 companies in the KC metro landing place field that provided residential painting as a service. Since the 4.4% yearly decline is a national trend, it is ! impregnable to require that there are around 250 other companies that offer similar work as mine. The key word there is services. I searched all of the bedchamber of commerce registries in the metro area and did non find any other companies whose name indicated that they only dealt with make-readies. With that said, it is safe to assume that there are very few businesses that maintain the like model as mine. There are however, unsanded entrants on my demographics...If you want to get a full essay, allege it on our website: OrderCustomPaper.com

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