As a business owner, you juggle multiple tasks: managing a team, handling clients, bringing in new leads and making sure projects run smoothly. Among these, one critical responsibility is often neglected: ensuring profitability. We think about, worry about and hope for profit but often don’t do anything to actually improve net profit.
The greatest opportunity for industry-wide hot tub sales growth is better sales support and education from the manufacturer all the way through the retailer.
If you’re struggling with a difficult employee, take heart — you’re not alone. This is an inherent challenge as you work toward building a successful business and team.
I am thrilled to share our first recipients of SpaRetailer’s 30 Under 40 award.
When we move beyond being a typical salesperson, we can establish a vision of what is required to become excellent at our jobs (selling), not just for one year but for all years. We understand we have much work to do, and it won’t happen overnight. There is no hack or shortcut to excellence and sustainability; it is a continuous effort of growth and development.
In the evolving landscape of the modern workplace, understanding Generation Z — those born roughly between the late 1990s and early 2010s — has become crucial.
Jacuzzi is taking the health benefits of its swim spas a step further by introducing infrared and red light therapy technology.
When treating a hot tub, one of the most common issues is discolored water, which can range from a common yellow or green to even brown, orange or black.
For families eager to extend their backyard relaxation — and for spa retailers looking to sustain their sales momentum beyond the summer rush — the solution is simple: outdoor heaters.
Hot tubs can offer many physical and mental benefits for women. While the relationship between hot tub use and hormone regulation is not extensively studied, the effects of relaxation and stress reduction from hot tub use can indirectly influence hormone levels.
Deep in the heart of Iowa, QCA Spas has been a player in the hot tub industry for decades, evolving from a small, family-run business into a modern, thriving company.
In my last article, I defined EBITDA as net profit adjusted to make it more useful for business valuation. To estimate a company’s value, valuers multiply EBITDA by a number called the “multiple.” The result is the estimated value of the company. For example, a company with an annual EBITDA of $500,000 and a multiple of 2 has a value of $1 million.