NHPA’s 2022 Cost of Doing Enterprise Examine is now obtainable. For far more than 100 years, unbiased house advancement vendors have dependable this once-a-year benchmarking instrument to comprehend how their firms assess fiscally to common and significant-financial gain operations and strategize for the foreseeable future.
The study provides a prosperity of facts to aid vendors make educated selections for their operations—with money information from independent hardware outlets, house centers, lumberyards and paint and decorating shops. This calendar year, extra than 1,000 shops participated in the research.
The total research is now readily available for obtain. Suppliers who participated in the research will obtain a cost-free digital duplicate alongside with a customized economical evaluation. Click here to get your duplicate currently.
Achieve Business Insights
“Again, the industry experienced file product sales and profits, but shopper depend declined for the fourth straight yr, which means it arrived as a end result of pricing. The challenge for retailers likely ahead in a submit-pandemic, superior inflationary time will be how to push profits by means of enhanced transaction count. They will very likely have to sacrifice margin to do so.”
—Dave Gowan, chief monetary officer and govt vice president of small business expert services at NHPA