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Mega Power Newsletter: February 2023

In this issue: how technology has changed the way people shop, proven accounting tips to help you stay ahead of the game, and why the owner of Reid’s Furniture in Thunder Bay believes in independent retail.

February 28, 2023  |  By Katherine Kocur

A medium close-up portrait of a confident retail worker in her place of work. She is standing holding a digital tablet.

4 Technologies Home Furnishings Retailers Need to Meet Customer Expectations in 2023

Technology has changed the way people shop for everything, and furniture is at the top of the list. With so much information available online, consumers usually walk into furniture retailers after having done extensive research, which is known as ROPO–research online, purchase offline.

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Mega Learning System: Q&A with Al Ruttan

The Mega Learning System is a unique program created by Al Ruttan that enhances the decisive competitive advantage of the Mega independent retailer. Al has over 32 years of retail management experience and is a certified coach and trainer with the Maxwell Leadership Company. Our members can use this program to educate and empower their teams.  

The Mega Learning System is structured in such a way that it runs for one year, broken down into 5-week cycles. 

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Accounting Tips for Small Business Success

As a small business, staying on top of your accounting can make or break your success. We’ve compiled proven accounting tips to help you stay ahead of the game.  

Tip of the Month for February: Keep accurate and detailed records of all financial transactions, including income and expenses.   

Read the full article.

 

Learning About Sleep Apnea - BrandSource Sleep article - February 2023 POWER Newsletter

Learning About Sleep Apnea

To understand your customers better, this month we need to talk about sleep apnea, a potentially serious sleep disorder in which breathing repeatedly stops and starts. If you snore loudly and feel tired even after a full night’s sleep, you might have sleep apnea. Read on to learn more.

Read the full article.

Appliance Industry Update - December 2022

Appliance Industry Update

As a small business, staying on top of your accounting can make or break your success. We’ve compiled proven accounting tips to help you stay ahead of the game.  One of the most important things that small business owners can do to stay on top of their finances is to keep accurate and detailed records of all financial transactions. 

Read the full article.


 

Terry’s Tips – February 2023

In this issue of Terry’s Tips: connecting your Facebook business page and Instagram gives you the ability to reach more people, manage your social media more effectively, understand your audience better, improve your ads, and keep your brand image consistent.

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Scott Reid is the owner and general manager of Reid’s Furniture in Thunder Bay, Ontario. He’s been working in the family since he was a teenager and literally born a furniture, mattress and appliance retailer. In recent years he has developed strong views about being a furniture retailer, a member of a buying group, relationships with vendors and owning a small business in Canada.

Scott Reid Has Something to Say

The owner of Reid’s Furniture in Thunder Bay believes in independent retail and will tell anyone who asks that the furniture business has been wonderful to him and his family. He’s also supports buying groups but fervently believes they can and should do better.

Read the full article.