million dollars would now be 6%, or $60,000. Your profits of the two years combined are $40K + $60K, so $100,000, which is a 5% overall net profit. On the other hand, let’s say the same dealer purchases and implements an ERP software like QFloors, at a cost of $5,000. Now when they grow from $1M to $2M, they only need to hire one sales person, and can save on the back office person’s salary, due to all of the operational efficiences of the software. Therefore, you have $40K + $60K + $45K (salary saved), minus $5K (cost of software). You then are at $140,000, or a net profit of 7.25%. So $140,000 compared to the “one gear tool” scenario of $100,000 = a savings of $40,000! How does the multi-gear tool do it? Lower overhead costs, as mentioned. Better collaboration. Everyday tasks are done more efficiently. Built-in protection against mistakes and theft. Price updates, ordering, vendor invoicing, and stock check are all automated via fcB2B. Job costing is more accurate and is right on the proposal screen, so you know how much you’re making before you finalize the deal. Real time business information means better decision making. You also benefit from accurate profitability reports (using the matching principle), installer payment tracking (so no double payments), and automated use tax calculations and tracking, which applies to 28 US states. Try running your business with the increased power, stamina, and efficiency of a flooring-specific system. You’ll get to where you want to go faster, and with much less fatigue and burnout.
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