Hardware Retailing

MAY 2018

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

Issue link: https://hardwareretailing.epubxp.com/i/971427

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Page 219 of 248

Average Transaction Size At a high-profit store, the average transaction size is $30, while the average at a typical hardware store is $22. Do you know how your business compares? Participate in the 2018 Cost of Doing Business Study to receive a free Personalized Financial Analysis, and to see how you measure up to typical and high-profit retailers in the industry. High-Profit vs. Typical Store Where Does Your Business Stand? TheRedT.com/codb-survey-2018 Join 1,000 + Retailers Participate in NRHA's Cost of Doing Business Study for free! 10.4 % Net Profit Before Taxes At High-Profit Stores 4.2 % Net Profit Before Taxes At Typical Stores

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