Industry Accounting - How Big is the Car Washing Industry - How Big is it

Well, perhaps you are one who always questions statistics, boy I do. And I am always fascinated by how often I see erroneous information (in the form of industry statistics) in sectors, I know a good thing about. Because of this, I've come to the rightful conclusion that anytime one sees statistics on anything, that it makes sense to raise an eyebrow - or two. Well, that's what I do.
Now then, let's take a for instance, and see if we can find flaws in the general accounting on such figures, shall we? Let's take the car washing industry, for no other reason than, it's something I know a good deal about having been in the sector forever and a day (27-years). Okay, so let's begin.
Not long ago there was an interesting article in the Cedar Valley Courier Newspaper titled "Car Washing Business is Busy This Week" and it was referring to the International Car Wash Association's quote that the Car Wash Industry in the US is a $23 Billion business. Well, I hate to break it to everyone out there but that is ridiculous romantic blasterdash and utterly preposterous poppycock. In fact, in my opinion it is fraudulent fantasy and horrendous hype.
You see, back in 2002 they said that the industry was $4 billion and contracting due to 9-11 and the economic fall-out. By 2005 things were back up and they began to quote such favorable numbers as $4 billion, $5 billion, and I once saw someone boldly quote $7.5 billion, and I said to myself; "like hell it is!" But now, even after the pull back from the global economic crisis, with 1,000s of car washes foreclosed and 1000's more filed bankruptcy, what do we have?
$23 Billion Industry - WTH?
Indeed, I almost fell off the bar stool when I read that one. Look there is no possible way? Someone is blowing smoke, or has a reason to purport such nonsense. But it simply isn't so, thus, I ask what gives, and why bother fudging the numbers, that makes no sense, why lie, the industry knows the truth. Now then, I guess the car wash industry can get away with all this because what they hay? The Government's economic numbers are not all that legit either.
You know, I thought we put Bernie Madoff in prison for fudging the numbers? So, I ask what gives the industry the right to make stuff up and pull numbers out of their reclaim pits? Please consider all this.
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes writing 22,000 articles was a lot of work - because all the letters on his keyboard are now worn off.

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