NRHA’s 2015 Cost of Doing Business Study is now available! This study has been conducted annually for the last 98 years and provides detailed financial information from hardware stores, home centers and lumber/building material outlets. This year, more than 1,000 stores participated, the second highest participation in the last 15 years.
The tables contained in this report are designed to provide comprehensive, yet straightforward guidelines for analyzing the profitability of your hardware store, home center or lumber/building material outlet. Included with the Cost of Doing Business Study are several financial calculators that allow you to plug in your financial information to see how your business measures up to industry averages. Use the calculator to determine areas of financial opportunity for your business.
NRHA members, access a PDF version of the study at no charge by logging in to www.nrha.org and clicking “Cost of Doing Business” under the “NRHA Studies” tab. Want a hard copy? Visit the NRHA Store through the members-only portion of the website to purchase at a discounted rate. If you need your member login information, email member services or call (800) 772-4424.
Did you participate in this year’s study? You will receive a FREE copy of the PDF study in the mail along with a financial analysis toolkit. Would you like to participate in next year’s study to receive a free copy? Email Sara Logel at firstname.lastname@example.org.