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2018 Cost of Doing Business Study

2018 Cost of Doing Business Study Now Available

If you’re looking for a tool to compare your operation’s performance to typical and high-profit home improvement businesses, the North American Retail Hardware Association (NRHA) has exactly what you need.

Conducted by NRHA for more than 100 years, the annual Cost of Doing Business Study sheds light on facts and figures that can help retailers make better business decisions to improve their bottom lines.

Compiled using financial data from approximately 1,000 independent businesses in the U.S., the study is divided into separate sections for hardware stores, home centers and lumberyards, giving readers a direct look at the data that affects them most.

Retailers can use the study’s illuminating data to see how their businesses compare to typical and high-profit hardware stores, home centers and lumberyards across the country. Use the 2018 Cost of Doing Business Study to develop an in-depth picture of your operation’s financials.

Retailers can buy the study for $499 and it can be purchased directly through NRHA’s website. Retailers who submitted data for the study will receive a copy in the mail, complete with personalized what-if scenarios, a composite financial summary and a strategic profit model for their business.

About Todd Taber

Todd is trends editor for Hardware Retailing magazine. He graduated from Indiana University where he majored in journalism and French. Throughout his career, he has aimed to highlight small businesses and their community value. He joined NRHA in 2017.

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