Episode 7: Vendor and Product Line Strategies

Episode 10: Your Store's 90 Day Launch

We've made it to 10 episodes! Thank you to everyone who has give us a listen. Your First 90-Day Launch. 5 main points we will be discussing: Pre-Opening Timeline Hiring Order   Soft Opening Strategy Grand Opening Plan  First 90-Day KPI Targets  After this episode you should ask yourself: Do I have a written plan that I can follow for 90 days?

Episode 9: Mapping Your Store's Vision and Income Model

Mapping Your Store’s Vision & Income Model 5 main points we will be discussing: Defining Your Personal Income Target  Reverse-Engineering Revenue Goals  Break-Even Calculation  1-Year Target vs 3-Year Vision  Committing to Owner-Level Thinking  After this episode you should have not only how you want to build your store from previous episodes, but a roadmap for the direction you see your store going in in the next 90 days, 1 year model and 3 year vision

Episode 8: Common Rookie Mistakes to Avoid

Common Rookie Mistakes to Avoid. 5 main points we will be discussing: Overbuilding the Showroom  Over-hiring Too Early  Under-pricing to “Win Jobs”  No Defined Sales Process  Ignoring Cash Flow  After this episode you should have a little bit more insight into some common mistakes that are made when opening a retail flooring store and how to avoid them?

Episode 7: Vendor and Product Line Strategies

Today, we will specifically be discussing Vendor and Product Line Strategy   So, if you stick with us, you’ll learn how to start, run, and scale a profitable flooring business through proven systems for sales, operations, and marketing. So let’s get into it:  Vendor and Product Line Strategy. 5 main points we will be discussing: Avoiding Showroom Overload  Choosing Core Vendors  Negotiating Payment Terms Display Strategy  Building Vendor Relationships  After this episode you should have a good idea about what vendors you want to work with and why you want to work with them. You should be able to answer the question: why am I choosing the vendors that I am?

Episode 6: The Retail Flooring Blueprint; Understanding Margins, Markups & Real Profit

Welcome to another episode for Flooring 101: The Retail Flooring Blueprint. This week we're discussing margins, mark ups and understanding what real profits mean. When opening a new business of any kind, but especially a flooring business, knowing the difference between margins and markups and where your real profit comes from can make or break your business. In this podcast we discuss 5 key points to keep in mind when learnnig about margins and mark ups, how to avoid some major mistakes!