Industry Analysis & Industry Trends
Over the next five years, commercial and residential building construction will likely rebound, benefiting lumber wholesalers. Consequently, demand for wholesale lumber used in construction will increase. Despite the revenue recovery, operators will face tighter profit margins due to rising input costs. Wholesalers will also face increasing competition from substitute materials such as aluminum, steel and fiberglass... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry in the Lumber Wholesaling industry are low. Start-up costs vary depending on the individual wholesaling operation. New businesses will need to secure a lumberyard, an operational facility and equipment, such as computers, vehicles and sawing equipment. Given the tighter standards for commercial lending in the United States, securing the necessary start-up capital to make these purchases is a barrier to entry that has become harder to overcome in recent years. Having a skilled labor force is another necessity for entering the industry. Typical employees include saw machine operators, sales officers and management and administrative staff.
While entering the Lumber Wholesaling industry is relatively easy, succeeding in it is not... purchase to read more