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Most Recent Finance Articles

Improve Merchandise Performance Using GMROI
Volume 144 NO.2 March/April,  Furniture World Magazine

Willingness to use GMROI as a tool is one factor that separates best performing stores from their peers.

Sales Volume Planning 2014
Volume 144 NO.1 January/February,  Furniture World Magazine

By using the break-even sales equation your business can see in advance what volume will be required to produce your desired profit. You will be able to create a meaningful strategy and plan better for the upcoming year.

Finance Articles

Published 2004 - 2014

Improve Merchandise Performance Using GMROI  - 3/16/2014

Willingness to use GMROI as a tool is one factor that separates best performing stores from their peers.  

Sales Volume Planning 2014  - 1/3/2014

By using the break-even sales equation your business can see in advance what volume will be required to produce your desired profit. You will be able to create a meaningful strategy and plan better for the upcoming year.  

Strategic Planning 2014  - 12/10/2013

David McMahon outlines the advantages of putting in place a strategic growth plan for the new year. For your business, strategic growth planning is the GPS for your retail future. It helps your business stay on course.  

Profit Parasites  - 5/30/2013

They are rightly named “Profit Parasites”. Like thieves in the night their insatiable appetites silently steal our working capital. Furthermore, they often evade the focus of our time and attention until they have done irreparable damage.  

Risky Business - Part 2  - 5/30/2013

Prudent furniture retailers in large and small operations purchase Time Element coverage to provide protection for loss due to reduced sales/income and to restore a business to its condition prior to a catastrophic loss. This article by Stephen J. Wisocky explains how to purchase this type of insurance wisely.  

Balancing The Scales Of Business In 2013  - 4/1/2013

Ten areas to consider when seeking to apply focused management and balanced performance.  

Gross Margin Is In Your Head  - 9/25/2012

David McMahon presents proven strategies that can produce 50 to 60 percent gross margins even in highly competitive markets.  

Think Profit! - Part 3: Cash Flow  - 6/6/2012

An in-depth look at how to analyze one of your three critical financial statements: your statement of cash flow.  

Think Profit! -Part 2: Your Balance Sheet  - 4/11/2012

An in-depth look at how to analyze one of your three critical financial statements: the Balance Sheet.  

Think Profit!: In-Depth P&L Analysis  - 3/20/2012

An in-depth look at how to analyze one of your three critical financial statements: the Profit and Loss.  

    
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