Chicago — The North American Association of Floor Covering Distributors (NAFCD) has announced the release of the 2014 Profit Analysis Report (PAR), a robust financial and operational benchmarking and forecasting tool for members and industry professionals.
This report is compiled by Profit Planning Group, Inc., a strategic financial planning firm. Results are based on income statements, balance sheets and operating data supplied by firms who participated in a survey, which provides a comprehensive but straightforward analysis and comparison of profitability among firms, according to NAFCD.
The results of the PAR survey contain an executive summary, financial statements and ratios, product focus, market analysis, geographic analysis and a ration calculation, all comparing the differences between a typical firm and the typical high-profit firm. The report is available at a reduced cost for NAFCD members and full-price purchase for nonmembers at nafcd.org.