by Lindsey Thompson | May 31, 2025 | Operational Insights
By Gary Pittsford, CFP In May, the North American Hardware and Paint Association (NHPA) focused on how to build a bench of well-trained employees inside your company to help you grow the business and manage it effectively. Building a bench of outside advisors to help...
by Lindsey Thompson | Sep 30, 2024 | Industry News, Operational Insights
By Gary Pittsford Partner & Chief Valuation Officer (ret.) and Consultant Creative Planning Business Services In August, the North American Hardware and Paint Association (NHPA) recognized its 2024 Young Retailer of the Year honorees at the Independent Home...
by Lindsey Thompson | Oct 31, 2022 | Operational Insights
Whether planned or unexpected, every business changes hands at some point, and most make a transition several times in the life of the operation. According to the PwC 2021 Family Business Survey, 50% of family businesses expect to increase the diversification of their...
by Lindsey Thompson | Oct 13, 2022 | Operational Insights
While you may not like to think about it, you need to plan for what will happen if you are abruptly unable to continue in leadership. To do this kind of succession planning, there are a variety of legal and financial documents you should have on hand at all times,...
by Olivia Shroyer | Jun 5, 2022 | Industry News
The North American Hardware and Paint Association (NHPA) provides industry insights from Mark Lipton, a thought leader in the independent paint and hardware retailing channels. As a former independent paint retailer, Lipton shares his thoughts on the industry today....
