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 step-by-step playbook on how to maximize profitability of their business. He will focus on key areas including improved expense ratios, margins, staffing and more. Episodes will be available on this page after each presentation. See schedule below for upcoming episodes.

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

This Webinar has concluded. Click below to learn more about the ERC, view presentation materials, and sign up for an ERC evaluation.

The Employee Retention Credit (“ERC”), created under the CARES Act, is a relief measure for businesses designed to help them to keep employees on their payroll. It is a refundable credit that offsets employment taxes. You can receive up to $26k per employee!

Steve Abernathy will review the scope of the credit and the exclusive partnership between Leyton and the WFCA to help our members determine their eligibility as well as complete the tedious application process to secure the funding.

Learn more and sign up for an ERC Evaluation.

 

Past Presentations:

December 21, 2021 02:00 PM Eastern Time (US and Canada) 

Topic: Sales Compensation Models and Their Impact on Gross Margin

This session will look at various sales compensation models and their impact on Gross Margins.  Steve will examine the following models:

  • Salary only
  • Salary plus discretionary bonus
  • Straight commission on sales
  • Base salary plus commission on sales
  • Base salary plus commission on profits
  • Sliding scale commission on margin
  • Sliding scale commission on price point

This session has ended. Please use the links below to view the presentation materials.

Click here to view video presentation of this webinar.

Click here to download the presentation materials.

Click here to view the Commission Calculator.

 

November 16, 2021 02:00 PM Eastern Time (US and Canada) 

Topic: Gross Margins - A Deeper Dive

Click here to watch the video presentation of this webinar.

Click here to download the presentation materials.

 

Aug 16, 2021 02:00 PM Eastern Time (US and Canada) 

The premier episode has concluded. Click here to watch.

Click Here to download the presentation materials.