Have you benchmarked your business? The deadline to participate in the 2021 Cost of Doing Business Study is Wednesday, June 30. For more than a century, NHPA has collected information from independent home improvement retailers for the study. Each year, …
Read More »Operations
3 Online Courses to Help Managers Excel
Invest in your managers with an online leadership development program to boost their skills, knowledge and confidence. The North American Hardware and Paint Association’s (NHPA) Foundations of Leadership program provides leaders with home improvement industry-specific training. The program offers three …
Read More »Is Your Insurance Keeping Pace With Rising Prices?
The rising prices of popular building materials, particularly lumber, are resonating with retailers and customers alike. Earlier this month, new data showed residential home builders reported a 26 percent increase in building material prices. In May, the price of lumber …
Read More »Increase Sales With 3 New Online Shopping Platforms
While many retailers were already selling online before the pandemic, the stay-at-home orders pushed others to launch e-commerce websites quickly to still sell products and connect with customers during the shut-down. While your store’s website may be the first place you …
Read More »How to Implement Leadership Skills Today
5 Marketing Tasks to Do Every Week
It goes without saying that marketing and advertising are immensely important for your business to bring in new customers and engage with current ones. But, if you’re an independent home improvement retailer, most likely marketing is not your only or …
Read More »5 Cybersecurity Resources to Help You Protect Your Business
If any part of your business is connected to the internet, having a cybersecurity policy is a critical component to protecting your data. Check out these five resources to learn how your peers are managing cybersecurity in their operations, the …
Read More »How to Choose the Right Data Backups for Your Business
As high-profile ransomware attacks have been making headlines in recent weeks, and with the U.S. government mandating cyber incident reporting, it’s clear that taking the steps necessary to protect your business and your sensitive data is a critical part of …
Read More »