A fluid cash flow is the lifeblood of any business. Especially as we see an economic downturn approach, it will be more critical to ensure you are continuously improving your cash flow situation. Here are some actions you can take to generate more cash in your home furnishings retail business.
Riskified, one of HFA’s newest members, empowers businesses to realize the full eCommerce potential by making it safe, accessible, and frictionless. The world’s largest brands trust us to increase revenue, manage risk, maximize fraud prevention, and improve customer interactions. Leading With Customer Centricity in a Digital-First World Customer centricity has
Despite last year’s global challenges, the furniture industry rebounded in 2020 as people spruced up their spaces and renovated multiple rooms within their homes. Although financing played a significant role in this success, one thing that also increased – primary credit declines. Turning customers away is never the desired outcome,
This Quick Click Solutions video from Brad Parker, owner of FormPiper, shows you some effective ways to streamline your financing forms process your customers will appreciate and will help grow more sales.
In this Quick Click Solutions video from Synchrony, find out how to incentivize your sales team with the easy to use, engaging Synchrony Ignite platform that can help you increase sales.
Amy Llewelyn from Trekstone Financial shares tips on how to avoid costly chargebacks. Leave your comments below!
When it comes to retail financing, Mariner Finance has a simple motto: “Our business is to grow yours.” Mariner Finance’s retail sales manager, Therese Bernardo, says the motto is not just a slogan. “This credo is truly what we live by,” she says. “Not only do we earn our paycheck
Not all lease-to-own programs are alike. American First Finance, a Home Furnishings Association Solution Partner, proves this every day to furniture retailers. [See what American First Finance offers to HFA Members] AFF got its start in 2013 after founder Doug Rippel spent six months working in an Ashley store in
The coronavirus pandemic and the ensuing shutdown of stores will have a direct impact on every furniture retailer’s bottom line this year. It will also affect how they manage their businesses moving into 2021. At a recent Home Furnishings Association COVID-19 live webinar, HFA members Peter Theran and Bobby Watson
It’s not a pretty picture to imagine, but let’s face it: There’s very little pretty about our current economy. So forgive Mitchell Stiles when he explains the best way for furniture retailers to reduce their cash-burn rate during this economic shutdown. “It’s like having 10 people in a lifeboat, and
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