A good flooring specific software is like riding a high-tech multi-geared bicycle, or even better, an e-bike. Your speed, efficiency, and ease of progress are dramatically impacted. You can more easily adapt to a variety of environments and conditions. You can reach your desired destination without working to exhaustion. The reality is that you need to be using the right software tool to effectively grow your business’ profitability. And that tool is, from our experience, flooring-specific ERP, or business management software. Even though some people cite price as a reason that they don’t embrace industry specific software, it actually costs you more not to do so, particularly in the long term. Let’s do a comparison with a popular off-
the-shelf software like QuickBooks, which does a decent job of managing finances for generic businesses, but lacks many of the essential features specific to flooring. Setting aside helpful benefits like flooring specific measurements (sq. yards, sq. ft., etc.), electronic B2B ordering, proper tax timing, and more, a good flooring-specific software can make a huge difference in lowering the cost it requires to grow your business. Here’s an example. Let’s take a store doing $1 million dollars in sales per year. They have 3 employees, and make a 4% net profit, at $40,000. If they grow from $1 million to $2 million, it will require hiring at least 2 more people (in sales and operations). At an average US salary, that would be an additional $100,000 in overhead cost. So your net profit for $2
42 Premier Flooring Retailer D3 | 2024 “ A good flooring-specific software is like riding a high-tech multi-geared bicycle or even better, an e-bike—your speed, efficiency, and ease of progress are dramatically impacted.”
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