Friday, March 12, 2010

"Retailers: Turn on Your Financial Headlights!"™                                                                            ROI Site Tour

"Retailers: Turn on Your Financial Headlights!"™                                                                            ROI Site Tour

Fin Freedom - Partner
Tire Dealers
NAICS 441320: This industry comprises establishments primarily engaged in retailing new and/or used tires and tubes
or retailing new tires in combination with automotive repair services.

 
Tire Dealers
NAICS 441320: This industry comprises establishments primarily engaged in retailing new and/or used tires and tubes
or retailing new tires in combination with automotive repair services.

 
Compare Your Store
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See benchmarks - and five year trend charts! - for the six key ratios every retailer must monitor. See how your store compares.



Next Steps
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Current RatioGross MarginReturn on AssetsDebt to WorthProfitTurnover

tire dealers current ratio trends

See below for source for benchmark numbers.
About Benchmarks
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The Retail Owners Institute encourages retailers to monitor the trends of the key financial indicators of your store's performance.  Watching these key ratios can provide important early warnings of needed changes. (More info here)

Then, take advantage of The ROI's presentation of five year trends for 6 key ratios for 52 separate retail segments.  Compare your store's performance to others in your particular retail niche. This can provide valuable perspective - and even peace of mind! - for retail owners.

The segments featured at The ROI reflect the definitions and designations of the North American Industrial Classification System. Retailers may need to examine the benchmark numbers in more than one segment to get perspective on their own store's performance, particularly if their store does not exactly fit the NAICS category.

The Retail Owners Institute encourages retailers to monitor the trends of the key financial indicators of your store's performance.  Watching these key ratios can provide important early warnings of needed changes. (More info here)

Then, take advantage of The ROI's presentation of five year trends for 6 key ratios for 52 separate retail segments.  Compare your store's performance to others in your particular retail niche. This can provide valuable perspective - and even peace of mind! - for retail owners.

The segments featured at The ROI reflect the definitions and designations of the North American Industrial Classification System. Retailers may need to examine the benchmark numbers in more than one segment to get perspective on their own store's performance, particularly if their store does not exactly fit the NAICS category.

Retail Business Insights
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"Normal?" What's That?
With all of the constant upheaval in the world of retailing, one of the classic questions The ROI is asked is, "When do you think we'll get back to normal?"
This is an era of modest population growth being surpassed by growth in retail square footage; a general glut of available merchandise in excess of profitable consumption; internet shopping growing far faster than any other retail channel; and trained-to-be-finicky customers who believe in NPR ("Never Pay Retail").
Our answer is, "Welcome to 'The New Normal'".

Find Out More

 * Source: Risk Management Association Annual Statement Studies, 2009-2010.  www.rmahq.org

 * Source: Risk Management Association Annual Statement Studies, 2009-2010.  www.rmahq.org

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