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Best Practice Groups

What is PROFITgroups?
PROFITgroups facilitates small, highly motivated groups of similar furniture and homes goods industry retailers who want successfully field-tested and time-proven answers to their biggest challenges. Members meet twice per year in a relaxed, content-rich setting to share best practices and help each other to achieve their double-digit profitability objectives. Owners measure their financial success against industry norms, network to improve GMROI and inventory management, lower both fixed and variable expenses, and improve efficiencies. For the last nine years, PROFITgroups has helped hundreds of furniture and home goods retailers achieve financial success for their businesses.

How will PROFITgroups help you?
Small groups of retailers in the furniture and home goods industry with similar business models meet twice a year to gain insights into the systems and processes utilized by the most-profitable stores in our industry. The member groups determine the meeting locations and discussion topics and invite outside experts to speak on specific areas of interest. Owners benchmark their financial results against those of the NHFA high-profit stores and other members of their group. This permits them to build on their strengths and identify areas that need improvement.

PROFITgroups has

Tailored groups specifically to the member’s business profile.
Helped hundreds of members enjoy the benefits of membership since 1995.
Shown members how rapid industry changes can be advantages rather than challenges.
Assisted members with their unique concerns and critical decisions.

For more information on the services offered by PROFITgroups, email:

Wayne McMahon, Vice President of PROFITconsulting
David McMahon, Senior Business Consultant, PROFITconsulting
Shelley Parlin, Chief Operations Officer

or call 800.888.5565

PROFITgroups