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NACS Show 2021
  • Conference: October 5-8, 2021
  • Expo: October 6-8, 2021
  • McCormick Place | Chicago

Understanding Store Economics

October 6, 2021
8:00 AM - 10:15 AM CDT
Location: E253CD

In the year of Covid, we will concentrate on the financial wellbeing of a store from the manager’s perspective. With expenses rising, knowing the difference between mark-up and margin is the first step in understanding where profits come from and how the numbers flow through the business and what impacts those numbers. The eight Key Business Formulas, Benchmark Guidelines, and Break-Even Analysis are key components of our group exercises in this session.