Retail Insight: Using Software to Prepare Your Flooring Business for the Future
A few years ago, the flooring industry faced the uncertainty of a pandemic. Fortunately, most flooring dealers pivoted adroitly and saw business boom during that time. Today, flooring professionals are faced with a different type of potential threat. Many headlines warn of the impact of inflation and of possible economic downturns. Some retailers report already seeing a drop-off in traffic. But QFloors CFO Trent Ogden believes that just as with the pandemic, dealers can adapt and make changes to successfully weather whatever may be ahead.
“One of the most important things you can do to prepare for an uncertain future is to sharpen your saw,” Ogden said. “Sales may not be coming as fast as they have been, so you need to fine-tune the other parts of your business. Becoming better at just a few small things can result in big dividends, when it comes to operations and your businesses’ financial health.”