Lifestyle 20 August 2020
When it comes to flooring options, you'll be hard-pressed to find a material more popular than Egger laminate flooring. Compared to other materials like carpets or tiles, they provide the elegance, prestige, and aesthetic appeal of hardwood at a fraction of its cost.
It is also far easier to install than its genuine counterpart, too. It is for these reasons that it continues to remain one of the most top-selling flooring materials today. Read on below to learn more about the notable advantages that come with choosing laminate flooring from https://www.woodfloorwarehouse.co.uk/laminate-flooring/egger.
1. It's a cost-effective flooring option
The popularity of Egger laminate flooring amongst many consumers is helped in no small part by its affordability. Very few have the finances to spend on genuine hardwood, after all. And by choosing to go for this type of flooring material, you'll be able to get the realistic wooden look without having to make a considerable financial commitment and put a sizable dent in your bank account in the process.
What's more, it won't need to be replaced in just a few years' time, which is often the case with carpet and other cheaper options, which will ensure that your investment pays off in the long-term, too.
2. It's long-lasting and durable compared to other materials
Its durability is another factor why this flooring option continues to remain popular with many homeowners. The materials that it uses allows it to hold up well against stains, dents, and even scratches. And this can be especially beneficial to those who have pets around the house. And because it's easier to clean and cheaper to maintain than other flooring materials, it's a cost-effective option too.
3. It's versatile in aesthetic design
A notable benefit that is unique to laminate flooring is its versatility in aesthetic design. Since this look of the flooring material is produced through a printer, you have a broad range of different styles to choose from such as tile decor or hardwood. And this makes it easier to select the right look for your flooring that will best fit the interior of your home.
4. It's relatively easy to install
Homeowners are fond of laminate flooring because they are able to save a considerable amount of money on the labour costs of its installation. With its smart groove and tongue locking system, the installation of this flooring option can be achieved by anyone with a do-it-yourself approach. And this will not only keep you from spending more than what is necessary, but you'll also do away with the trouble of finding an expert that can do the job for you.
The popularity of laminate flooring comes as no surprise. When you get right down to it, it boasts a number of advantages that its alternatives lack. And by selecting this flooring material for your home, you'll be able to get the look that you want while keeping your expenditure at a minimum and your savings high in the process.
3 Min Read
"How did you ever get into a business like that?" people ask me. They're confounded to hear that my product is industrial baler wire—a very unfeminine pursuit, especially in 1975 when I founded my company in the midst of a machismo man's world. It's a long story, but I'll try to shorten it.
I'd never been interested to enter the "man's" world of business, but when I discovered a lucrative opportunity to become my own boss, I couldn't pass it up—even if it involved a non-glamorous product. I'd been fired from my previous job working to become a ladies' clothing buyer and was told at my dismissal, "You just aren't management or corporate material." My primary goal then was to find a career in which nobody had the power to fire me and that provided a comfortable living for my two little girls and myself.
Over the years, I've learned quite a few tough lessons about how to successfully run a business. Below are five essential elements to keep in mind, as well as my story on how I learned them.
Find A Need And Fill It
I gradually became successful at selling various products, which unfortunately weren't profitable enough to get me off the ground, so I asked people what they needed that they couldn't seem to get. One man said, "Honey, I need baler wire. Even the farmers can't get it." I saw happy dollar signs as he talked on and dedicated myself to figuring out the baler wire industry.
I'd never been interested to enter the "man's" world of business, but when I discovered a lucrative opportunity to become my own boss, I couldn't pass it up.
Now forty-five years later, I'm proud to be the founder of Vulcan Wire, Inc., an industrial baler wire company with $10 million of annual sales.
Have Working Capital And Credit
There were many pitfalls along the way to my eventual success. My daughters and I were subsisting from my unemployment checks, erratic alimony and child-support payments, and food stamps. I had no money stashed up to start up a business.
I paid for the first wire with a check for which I had no funds, an illegal act, but I thought it wouldn't matter as long as I made a deposit to cover the deficit before the bank received the check. My expectation was that I'd receive payment immediately upon delivery, for which I used a rented truck.
Little did I know that this Fortune 500 company's modus operandi was to pay all bills thirty or more days after receipts. My customer initially refused to pay on the spot. I told him I would consequently have to return the wire, so he reluctantly decided to call corporate headquarters for this unusual request.
My stomach was in knots the whole time he was gone, because he said it was iffy that corporate would come through. Fifty minutes later, however, he emerged with a check in hand, resentful of the time away from his busy schedule. Stressed, he told me to never again expect another C.O.D. and that any future sale must be on credit. Luckily, I made it to the bank with a few minutes to spare.
Know Your Product Thoroughly
I received a disheartening phone call shortly thereafter: my wire was breaking. This horrible news fueled the fire of my fears. Would I have to reimburse my customer? Would my vendor refuse to reimburse me?
My customer told me to come over and take samples of his good wire to see if I might duplicate it. I did that and educated myself on the necessary qualities.
My primary goal then was to find a career in which nobody had the power to fire me and that provided a comfortable living for my two little girls and myself.
Voila! I found another wire supplier that had the right specifications. By then, I was savvy enough to act as though they would naturally give me thirty-day terms. They did!
More good news: My customer merely threw away all the bad wire I'd sold him, and the new wire worked perfectly; he then gave me leads and a good endorsement. I rapidly gained more wire customers.
Anticipate The Dangers Of Exponential Growth
I had made a depressing discovery. My working capital was inadequate. After I purchased the wire, I had to wait ten to thirty days for a fabricator to get it reconfigured, which became a looming problem. It meant that to maintain a good credit standing, I had to pay for the wire ten to thirty days before my customers paid me.
I was successful on paper but was incredibly cash deprived. In other words, my exponentially growing business was about to implode due to too many sales. Eventually, my increasing sales grew at a slower rate, solving my cash flow problem.
Delegate From The Bottom Up
I learned how to delegate and eventually delegated myself out of the top jobs of CEO, President, CFO, and Vice President of Finance. Now, at seventy-eight years old, I've sold all but a third of Vulcan's stock and am semi-retired with my only job currently serving as Vice President of Stock and Consultant.
In the interim, I survived many obstacles and learned many other lessons, but hopefully these five will get you started and help prevent some of you from having the same struggles that I did. And in the end, I figured it all out, just like you will.