If you think of sales as the engine that drives your business, then every employee is a moving part in that engine. But they’re not merely “cogs in a wheel,” because if anyone fails to do their part, the entire …
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How to Approach Risk Mitigation Like the Big Boxes Do
It’s annual report season, which means analysts and investors are poring over 10-Ks and other government filings to see who met expectations in 2023, who fell short and what’s to come in 2024. As an independent home improvement operator, you …
Read More »3 Actions You Can Take to Improve Employee Engagement
In the most recent Gallup survey about employee engagement, respondents report a decline in access to training, less connection to their organization’s mission and infrequent praise in the workplace. Since 2020, the amount of workers who say they know what’s …
Read More »What Is a Culture of Selling? Understanding the Basics
The best way to create sales and hit your profit goals is to make sales everyone’s job. A culture of selling is one where everyone in the company is actively involved in creating sales and working towards the same goals. …
Read More »10 Ways Employees Can Help You Increase Transaction Size
Increasing transaction size is one of the easiest ways to increase profits, and one way to do it is to train employees on their role in the sales process. Training them on proper sales techniques and offering incentives around meeting …
Read More »Nowco Hardware Opens New Home Decor and Lifestyle Space
With both their customers and employees in mind, Nowco Home Hardware dealer-owners Deanna and Tyler Nowochin embarked on a store remodeling project that added a new shopping destination for customers and office space for employees. Named The Loft, the new …
Read More »Effective Pricing Strategies for Home Improvement Retailers
While the supply chain woes seen during the pandemic have mostly worked themselves out, pricing will always be a priority for independent home improvement retailers. Often, however, pricing strategies in place for other industries don’t fit the needs of the …
Read More »Home Hardware Dealer-Owner Mike Wilson Stays Focused on People, Community
THIS PAST YEAR, Wilson’s Home Hardware Building Centre in Barrington Passage, Nova Scotia, was honored with the Home Hardware Walter J. Hachborn Store of the Year Award, selected out of over 1,000 stores across Canada. Mike Wilson is the dealer-owner …
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