Reimagine Your Company Culture

Reimagine Your Company Culture

In the 2022 TISE Edition of the Premier Flooring Retailer magazine, Scott Humphrey challenged us to consider and apply three words to our year – Reset, Reconnect, and Renew. There’s another word that I’d like you to consider – Reimagine. The pandemic has undoubtedly had a profound impact on people and businesses, with many now considering what they…

Profit Matters

Profit Matters

Steve Abernathy, CFO of the WFCA, leads this virtual series sharing financial benchmarking tools to help floor covering retailers improve the operational and financial management of their business. Using research results provided by RFMS, Inc. that includes aggregated data from over 1000 retail locations throughout the US and Canada, Steve will provide business leaders a…

Profit Matters Special Event: How to Qualify and Maximize the Employee Retention Credit

Profit Matters Special Event: How to Qualify and Maximize the Employee Retention Credit

CLICK HERE TO BOOK AN ERC EVALUATION NOW. The Employee Retention Credit (ERC) is a program created in response to the COVID19 pandemic and economic shutdown, which incentivizes businesses with a refundable tax credit for maintaining their payroll during 2020 and 2021. Qualifying employers can claim up to $26,000 per employee. Employers who took PPP loans…

FAQs for Coronavirus Response Legislation

Our general counsel, Jeff King, working with Lobbyit, has been responding to Member questions about the recent legislation passed in response to the Coronavirus crisis. We have compiled the most common questions and answers below. This page will continue to grow. Please check back often. Question: With so much information swirling around, can you explain…

Fraud During the Coronavirus

With all the disruption of business as a result of the coronavirus, companies are vulnerable to fraud. Matters can simply slip through the cracks as a flooring retailer or contractor is dealing with urgent issues on cash flow, employees, state orders on what can and cannot be opened, and simply staying healthy. It is important,…

When Leaders Lead

It is at times of crisis and uncertainty that true leadership reveals itself. In the midst of our current crisis related to the Coronavirus, we are all looking to Washington, DC, community leaders, pastors, employers, etc…for confidence and leadership. Sir Ernest Shackleton has been referred to as, “The greatest leader that ever came on God’s…

How Often Do You Check Your Banks Statement? It Should be Every Day.

There are many types of fraud that affect businesses. One of the biggest concerns is Automated Clearing House (“ACH”) fraud. ACH is a system that enables the exchange of funds between businesses and individuals through the use of checks, wire transfers, and direct deposits. Criminals need only two pieces of information to commit ACH fraud:…

Part of the Solution

As we start 2020, we have an amazing opportunity to clearly see our future. Did you see what I did there – with the “20/20” and “clearly see”? You will likely hear a lot of that as we enter the new year. For many of us during our early years, 20/20 was a term used…

Fabulous First Day Friday

We all had our first day in the flooring business. Do you remember yours? For some of us it was more recently than for others, but I would wager that it was a day that we likely haven’t forgotten. Are your memories of that day largely positive, or could things have gone better? With this…

NOW is the Time for Change

Now is the time to address any desired change in your life. In just over a month, we will approach the day when more change is attempted than at any other time of the year – the time of New Years Resolutions. Research tells us that within three weeks, most changes that were attempted on…

Bundled vs. Ala Carte Pricing

When traveling domestically by air, unless you are traveling first class, “free” meals onboard have gone the way of the dodo bird in recent years. If food service is offered at all, many airlines now offer to sell you a glorified boxed snack for roughly $8-15. As a flight attendant was working her way down…