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Operations

Solar Panels Reduce Costs, Energize Sales at Maryland Hardware Store

The Hardware Store in Mardela Springs, Md., is a small rural store that offers an old-fashioned retail experience to its customers. But mixed in with the country charm is a little bit of technology. “I’ve always been very modern in …

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‘Tis the Season to Shop at Woodstock Hardware

The staff at Woodstock Hardware doesn’t want its customers to forget about the store during the holidays. And what better way to help them remember than by offering a holiday catalog full of store products that would be perfect in …

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Rental on the Rise: How One Store Owner Built His Business

Recently, Brian Buswell, owner of All American Do it Center, talked with a contractor who wanted to buy an auger. The cost for the auger and bit would be about $1,500—a prohibitive price tag for a piece of equipment the …

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To Invest or Not Invest

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To watch the video, click here. Jesse Carleton of Hardware Retailing magazine discusses important questions to ask yourself when investing in your company.

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Make the Most of Staff Meetings

Whether it’s a meeting about schedules, procedures or new products, the following tips will make sure your team is spending less time in the back room and more time out on the salesfloor: Create structure. Set regular times for meetings. …

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Laying the Foundation for a Succession Plan

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After 20 to 30 years of hard work many owners should think about retirement and selling their company but choose not to for several different reasons. Some of those reasons are: None of the children want to continue with the …

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To Invest or Not to Invest? Questions Every Retailer Should Be Asking

Assuming you run a profitable operation, making a capital investment in your business should be one of the best financial moves you can make. Sometimes you spend out of necessity; for example, the roof needs a major repair or the furnace …

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Lute Supply’s Bold Venture into the Dual-Format

Lute Supply has spent half a century earning a reputation for success serving professional builders, contractors and tradespeople. Its list of accolades features top awards by Goodman and Amana for outstanding sales growth, market share growth and excellence in distribution. …

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