ST. LOUIS—The National Wood Flooring Association (NWFA) will sponsor a virtual Pricing for Profit seminar in its management education series on Dec. 5 at 6 p.m. EST.

The 90-minute seminar will focus on “Planning Profits First” and “Setting Profit Priorities.” “Planning Profits First” will explain how to make profit the first element of the yearly business plan.

“Setting Profit Priorities” will encourage participants to focus efforts where there is the greatest potential profit. This section of the course will teach students to determine how to raise margins and raise sales.

Participants can attend the webcast seminar using a speakerphone and a computer with Internet access. Attendance costs $150 for NWFA members and $225 for non-members. For more information, call NWFA at (800) 422-4556 or visit the association’s website at www.nwfa.org.