Hardware Retailing

APR 2017

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

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NRHA News You've Got Mail: Be the First to Get NRHA's Newsletter The CODB Study Turns 100! M aybe you know NRHA, but did you know that the association comes out with new training every month, launched two new business services this year and has leadership training scholarships available? NRHA is making efforts to make sure you're always in the loop, so you don't miss out on opportunities for business improvement. During mid-April, the association is launching a monthly digital newsletter that will deliver the latest NRHA news to your inbox. Along with association updates, the newsletter will deliver important information about business services, training, education opportunities and other ways members can engage with NRHA. To subscribe, visit TheRedT.com/subscribe. If you already receive NRHA and Hardware Retailing emails, you will automatically receive the newsletter. N RHA has officially been helping retailers determine their financial standing in the industry for an entire century. This year marks the 100-year anniversary of NRHA's Cost of Doing Business Study. This industry benchmarking tool allows independent hardware stores, home centers and lumberyards to compare their financial performance against industry averages by providing retailers with metrics in sales, profits, transaction size and more. The association is now compiling data for 2017, and this is your chance to participate and be part of the 100th study. What's in it for you? Study participants receive a free Personalized Financial Analysis, which includes composite financial statements, financial ratios, a strategic profit model and a what-if scenario tool. This in-depth analysis provides a resource for you to compare your store's financial performance to high-profit and typical independent home improvement stores. For information on how to participate, visit TheRedT.com/codb2017. HARDWARE RETAILING | April 2017 16 2017 1-800-950-4458 chapinmfg.com Big boy equipment © 2017 Chapin International, Inc. We've got you covered We've got you covered

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