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Participate in the 2017 Cost of Doing Business Study

Participate in the 2017 Cost of Doing Business Study

The North American Retail Hardware Association (NRHA) is now compiling data for the 2017 Cost of Doing Business Study.

When you submit your financial data for this year’s study, you’ll become a part of history. 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 areas like sales, profits, transaction size and more.

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 stores.

There are five easy ways to participate.

  • Complete the Cost of Doing Business form online.
  • Email your Company Information and 2016 year-end financial statements to dgowan@nrha.org.
  • Print and complete this survey and then mail it to:
    NRHA, Attn: CODB Coordinator, 136 N. Delaware St. #200, Indianapolis, IN 46204.
  • Fill out the survey’s Company Information section and attach a copy of your 2016 year-end financial statements and mail to:
    NRHA, Attn: CODB Coordinator, 136 N. Delaware St. #200, Indianapolis, IN 46204.
  • Fax your Company Information and financial documents to 317-275-9403.

The deadline to participate is June 30, 2017.

About Hilary Welter

Hilary Welter
As the member services and communications coordinator, Hilary contributes to all member-focused communications efforts. She assists with communication aspects of member recruitment and retention and contributes to the marketing of member programs and benefits. Additionally, she is the voice behind NRHA and Hardware Retailing social media accounts. Hilary is currently working remotely while traveling abroad, tapping into the international hardware markets along the way. To follow her adventures, visit www.hardwareretailing.com/NRHA-Abroad starting August 1, 2016.