Working exclusively in the retail furniture & home goods industry for over 35 years combined, our business consultants are sought out for their deep knowledge about industry Key Performance Indicators (KPIs).
Creating processes and workflows that are efficient is why our consulting clients experience a 99%+ accurate inventory.
Our clients have successfully reached goals like building new warehouses, expanding to new locations, and improving their bottom line with the assistance of our team.
PROFITconsulting has helped hundreds of furniture retailers reach their goals by custom tailoring the most efficient processes and workflows built on a deep understanding of the furniture industry, and of the reports and capabilities of RETAILvantage.
Working exclusively in the retail furniture & home goods industry for over 35 years combined, our business consultants are sought out as public speakers and authors for their deep knowledge about industry Key Performance Indicators (KPIs). Knowing what the KPIs are, both the standard and high performance levels, and the steps that individual retailers need to take to improve their performance explains why clients rely on them repeatedly.
Creating processes and work flows that are efficient is why our consulting clients experience a 99%+ accurate inventory. Proper procedures with effective steps to monitor efforts and results keep things running smoothly without loss of inventory or labor wasted spent hunting for a missing item.
Increasing sales revenue without having to increase traffic is done by implementing a systematized follow up procedure resulting in an additional 10-15% sales volume. Our consultants train the sales manager on the most efficient method for closing not only the current sale, but getting the information on what the customer’s next project will be. Sales people will build their own loyal customer base by always solving their needs and staying in touch
Being profitable isn’t optional. Without it businesses fail. Our consulting team assists furniture retailers in setting their financial goals and the tactics that will achieve them. Our clients have successfully reached goals like building new warehouses, expanding to new locations, and improving their bottom line with the assistance of our team.
Find a Solution that fits your needs:
CFO Outsourcing – We are the only furniture industry specific full-service Accounting and CFO Consulting firm. We help companies increase cash flow through strategic forecasting and executable tactics. Our consulting is run by Certified Management Accountants and represents clients in all 50 states and around the world. We understand the furniture industry and how to help furniture retailers make money.
Business Systems Audit & Profit Planning – We provide comprehensive analysis of the key elements of your business, including accounting, sales, inventory management/purchasing, marketing, warehousing, delivery, customer service & system performance. Your Key Performance Indicators are compared to those of the industry. After the exploratory phase, we provide written recommendations for greater efficiencies and controls that save you money, and identifies potential cost savings and profit enhancements.
Financial Reporting Systems – Our consultants will maximize the use of your computer and business systems to produce accurate internal financial information so that you can obtain the information needed to make timely business decisions. With these you will be able to better manage cash flow and eliminate those end-of-the-year surprises.
RETAILvantage Advanced System Implementation & Business Systems Consulting – Implementing new software is a great time to evaluate the entire business. This ensures that you have the best chance to rapid improvement. Our consulting team will put in to effect advanced inventory management, sales management & associate training, bar code implementation, distribution center management, and after-the-sale customer service programs. You might know exactly where the business needs the most help or request an audit to discover where the biggest enhancements can be reached.
Organizational Development – Having the right people in the right job is half the battle. Making sure they have a detailed job description and a process to monitor their work is the next step. Without these you risk tasks being duplicated or missed, and there are no real consequences for lack of performance. Our business consultants have helped hundreds of clients develop their organizational structure right down to compensation systems that include pay-for-performance bonus plans.
Custom Business Solutions – Our customer business solution includes email marketing integration to a national email marketing company, emailing of customer statements, emailing delivery verification notices, delivery routing & mapping solution, sales reporting by collection for Ashley Homestore, and sales rebate reporting for appliance / electronic retailers.
The key to the achievement of your personal and business goals is a strong financial and business plan. Let us help you develop yours today.