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New Quarterly Profit Improvement Report Available to NFDA Members

Thursday, February 19, 2015   (0 Comments)
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Dr. Albert Bates, president of the Profit Planning Group, now provides NFDA members with a quarterly Profit Improvement Report.

The inaugural issue is titled "The Sales to Payroll Wedge: A Profit Necessity," and focuses on the ongoing challenge of payroll expense.

At present most distributors are experiencing strong sales gains. The serious concerns about generating adequate sales are largely a thing of the past. Unfortunately, the strong increases in sales are not translating into strong increases in profit. The problem is that expenses, especially payroll expenses, are absorbing an excessive amount of the increase in sales.

See the entire report in the NFDA article archive under the file collection "Profit Improvement Report."

 


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