Page 21 - May-June 2021 REPORTER
P. 21

exceeding all expectations with a 50% increase over the
        same period of the previous year.
           As  with  many  hardware  and  building  supply  retail
        stores  that  are  owned  and  managed  by  a  husband-
        and-wife  team,  Sarah  and  Patrick  have  endeavored  to
        leave the business at the business when they go home.
        They have worked out a formula of who is responsible
        for each area of the business and they try to keep store
        issues at the store.  Not an easy thing to do but at these
        early stages of running this hardware store they are on
        the  right  track.    Also,  they  have  a  lot  of  support  from
        Sarah’s dad Lynn, who not only mentors them towards
        managing  the  business  but  also  steps  in,  along  with
        Patrick’s parents Don and Cathy, as a babysitter for young
        Liam. With the influence from both Liam’s parents and
        grandparents, I am sure he will be a natural to work in the
        business as he gets older.
             Much  of  the  increase  in  sales  has  been  driven  by
        the COVID lockdown which has given many consumers
        the  time  (and  in  some  cases  the  money)  to  initiate
        many  home  improvement  projects.    Recognizing  that
        eventually consumers will focus their resources on other
        activities such as travel and dining out, Sarah and Patrick
        are looking ahead with the intention of expanding their
        product offering to include kitchen and bath design, as
        well as other categories to attract customers.  I expect
        a display of Alexandria mouldings in the plans as well!
        Thoughts  about  expansion  into  building  supplies  also
        creep into their thought processes.
           When  asked  about  the  stresses  of  doing  business
        during  the  pandemic,  they  expressed  their  sincere
        appreciation  of  their  staff.    It  has  been  a  very  difficult
        period  and,  as  with most  of  our  members,  sales  are


                                    Commercial Insurance







             CYBER


             INSURANCE




                Protect Yourself and

                     Your Business

                                                                       Delivering amazing results

                                                                       with Real Cedar.
                     Insurance & Financial Solutions
               Let’s Connect To Prevent Loss
              1.800.265.6197  Hello@PIB.com   PIB.com

                                                                          800 263 2445 | nuforest.com  realcedar.com
                 The Official Insurer of the LBMA0


        www.lbmao.on.ca                                                            LBMAO Reporter - May-June 2021  21
   16   17   18   19   20   21   22   23   24