By The Numbers: 5 Ways a Dealer Can Boost Its Bottom Line
It’s critical that furniture dealers understand how the current industry climate is affecting their business. But understanding the challenges dealers face is also something professionals from the A&D community can benefit from as well. Knowledge is power, and the more each professional knows about the other players in their game, the more successful they’ll be. At NeoCon 2016, we attended a seminar called “By the Numbers: 5 Ways to Boost Your Bottom Line.” The session was led by David Solomon, founder and managing principal of dealer consulting and research firm SolomonCoyle. Mr. Solomon framed the current environment dealers are facing today. He laid out a lot of the financial measures dealers need to be aware of and concerned with in order to be financially successful. And at the end of the presentation, he outlined five ways dealers can boost their bottom line to become more profitable. What are the …
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