| Flooring America and Flooring Canada
Bring Real Estate Advice To Improve Members’ Bottom Lines
Manchester, NH (March 7, 2007) — Add hard-nosed real estate advice and succession planning to the list of financial benefits for Flooring America and Flooring Canada members.
In a continued drive to help members get the very best deal for their store properties – whether buying or selling – plus deliver important advice for passing down the family store or dividing a business among siblings, Flooring America and Flooring Canada will introduce a new financial services counseling program during their winter convention, March 8-10 in Dallas, at the Gaylord Texan Resort.
“We want to help our members buy and sell their businesses, and make sure they’re getting the very best valuation for their property,” said Vinnie Virga, president of Flooring America. “These are critically important transactions that have enormous impact on a member’s bottom line, but often aren’t part of the services that are offered by a cooperative. We’re going to change that because this is a benefit our members can use and definitely deserve.”
In addition to detailed appraisal advice, the new service will help members prepare a succession plan for transferring ownership to the next generation or dividing the business among children.
“Succession planning can be emotionally charged and very complex as evidenced by the high number of businesses that don’t succeed into the next generation,” said Virga. “For obvious reasons, it’s a part of the business that people ignore or just don’t want to think about, but precise planning is absolutely essential for a smooth transition. A history of family-owned and operated businesses – often for generations – is a hallmark of our brand and public identity, and we want to do everything we can to ensure that family-run stores can prosper and flourish from one generation to the next.”
Flooring America and Flooring Canada with a sales volume of $1.65 billion consist of more than 580 member-owned floor covering stores through the United States and Canada. Flooring America and Flooring Canada provide members with exclusive brands and warranty programs, comprehensive multi-media advertising programs, complete Showroom merchandising packages, plus training in management and sales. They operate as a division of CCA Global Partners, the world’s largest flooring group. For information on becoming a member, call Bill Hosner at 866-315-8705. Flooring America and Flooring Canada logos can be downloaded at www.weintraubadv.com/fame.
|