Fabulous Floors Magazine - Issue 01, 2020

In this issue

Covid 19 PANDEMIC
Business Survival Resource Guide

How Often Do You Check Your Bank Statement? It Should Be Every Day

You or your company’s bookkeeper review your business’s bank statements every month. This month you noticed some unusual activity. There are wire transfers listed a week earlier that you do not recognize. You call the bank, only to be told that it is too late to have the bank reverse the transfers. The bank explains that you had to report the unauthorized transfer within 24 hours. Is the bank correct? Is there anything you can do to avoid the loss? And what can you do in the future to avoid such theft? The answer to each question, as explained below, is yes, the bank is correct. However, there may be something you can do to minimize the loss, and there are steps you can take to avoid such fraud in the future.

5 mins

It's What He Costs You that Counts

While the flooring business has certainly been more robust the past few years, it still seems that no flooring business seems to be flush with money today. Competition is fierce, and margins are squeezed. As with every budget in the business world, the need to watch expenses is very real. I get it! It’s just that there are some areas of your business which may be poor places to attempt to save money. In fact, in order to actually grow your clientele, you may want to consider just the opposite.

3 mins

Piet Dossche Inducted into WFCA Hall of Fame

The WFCA also officially welcomed the 50th inductee to its Hall of Fame at TISE 2020. With a crowd filled with peers, friends, associates, and family members, Piet Dossche, CEO and founder of USFloors, was inducted into the World Floor CoveringAssociation (WFCA) Hall of Fame.

1 min

Do you Suffer from SAOD?

Do you suffer from Severe Acronym Overload Disorder or SAOD? I know I do on some days. If you read through any of the trade magazines you may have been affected at one time. Thank goodness, we have Google to help identify what each acronym means.

2 mins

The Concrete Slab RH Test — So Easy Your Whole Team Can (and Should) Do It

Every year North Americans spend an eye-watering hundreds of millions of dollars on fixing moisture-related flooring failures. This may be happening in part because they see slab RH testing as an obstacle, rather than an obvious and necessary procedural step. There are a few reasons why RH testing is sometimes missed:

3 mins

Free Tools From Measure Square For Flooring Retailers

We all know a big part of our business is being able to be in front of our customers to give them an estimate and quote, and then close the deal. Currently, that has become a bigger hurdle than normal. So Measure Square is dedicated to giving flooring retailers more tools and options to help out your retail flooring business during these strenuous times alongside our retail floor estimating apps.

1 min

Integrate and Automate to Save Time and Money: RollMaster Software Makes Doing Business Easier

When your flooring business invests in software, you’re investing not just in the growth of your business, but in your own time! Flooring software should make business operations easier by creating efficiencies that save your business lots of valuable time. One of the ways RollMasterdoes this is by integrating all your flooring software needs into one place.

2 mins

Schönox Offers Social Distance Learning Program

Schönox Social Distance Learning covers a wide range of topics including self-leveling techniques, synthetic and hybrid technologies, primer selections, subfloor analysis, moisture mitigation solutions, and product systems designed to meet subfloor challenges.

1 min

Read all stories from Fabulous Floors

Fabulous Floors Magazine Description:

The only consumer magazine dedicated exclusively to floor coverings. Fabulous Floors Magazine provides consumers
and interior designers with the design and product information they need to make educated purchasing decisions appropriate to their lifestyles.
The publication provides information on color and design trends, fashion tips, and the latest and greatest in carpet, area rugs, tile, hardwood, laminate, resilient, flooring
accessories, and alternative soft/hard surfaces. Plus retailers find FABULOUS FLOORS MAGAZINE to be an invaluable source of information for both their customers and salespeople.