Note: Revenues for privately held companies are statistical evaluations.
Parks Huffman Mcvay Shepard & Wells P.C.'s annual revenues are $1-$10 million (see exact revenue data) and has 1-10 employees. It is classified as operating in the Law Firms industry.
Note: Parks Huffman Mcvay Shepard & Wells P.C.'s revenues are gauged from an analysis of company filings.
Parks Huffman Mcvay Shepard & Wells P.C.'s Income Statement (based on Industry Averages)
$ Millions (Industry Average)
Parks Huffman Mcvay Shepard & Wells P.C. Revenue (Sales)
Cost of Goods Sold
Gross Profit
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Advertising
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Other Operating Expenses
Total Operating Expenses
Operating Income
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Recession Risk
Determine whether Parks Huffman Mcvay Shepard & Wells P.C. grew or shrank during the last recession. This is useful in estimating the
financial strength and credit risk of the company.
Compare how recession-proof Parks Huffman Mcvay Shepard & Wells P.C. is relative to the industry overall.
While a new recession may strike a particular industry, measuring the
industry and company's robustness during the last recession estimates its ability to weather future recessions.
Market Share of Parks Huffman Mcvay Shepard & Wells P.C.'s Largest Competitors
A competitive analysis shows these companies are in the same general field as Parks Huffman Mcvay Shepard & Wells P.C., even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Parks Huffman Mcvay Shepard & Wells P.C..
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
These companies are in the same general field as Parks Huffman Mcvay Shepard & Wells P.C. and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.