Thursday, March 11, 2010

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

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

Fin Freedom - Partner
Art Dealers
NAICS 453920: This industry comprises establishments primarily engaged in retailing original and limited edition art works.
Included in this industry are establishments primarily engaged in displaying works of art for retail sale in art galleries.
 
Art Dealers
NAICS 453920: This industry comprises establishments primarily engaged in retailing original and limited edition art works.
Included in this industry are establishments primarily engaged in displaying works of art for retail sale in art galleries.
 
Retailers: More Info
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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

art 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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GMROI
GMROI (gross margin dollars generated for each dollar invested in inventory) is the #1 productivity tool in retailing. Array departments, or vendors, or classifications of inventory by GMROI; spot the laggards; give them the attention they need. That's why the real pro's in retailing are experts in GMROI.
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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