In the entrepreneurial landscape, the choice between seeking venture capital through accelerators like Techstars or opting for organic growth and reinvestment is not merely a financial decision; it’s a strategic choice that defines the very essence of how a business will operate, grow, and ultimately, succeed or fail. My journey with RollMaster ASP, a flooringRead More
History of RollMaster Flooring Business Software Origins and Early Development: Growth and Evolution: Acquisition and Integration: Legacy and Impact: RollMaster’s history reflects a journey from a necessity-driven project in a family business to becoming a pivotal player in the flooring industry’s software landscape, adapting to technological advancements, and ultimately merging with broader tech ecosystems toRead More
Introduction In the world of SaaS (Software as a Service), the dance between innovation and investment is intricate. Does the involvement of investment banks and venture capitalists (VCs) lead to a stifling of creativity, or does it actually fuel the tech industry’s next big leaps? Let’s unravel this complex relationship, especially in the context ofRead More
In the flooring industry SaaS, the balance between investment and innovation isn’t just about money; it’s about understanding the market you serve with precision.When investment banks and venture capitalists (VCs) engage in aggressive acquisition strategies within the flooring industry, aiming to consolidate market dominance by merging all flooring software SaaS companies with a broader kitchen,Read More
This chapter chronicles the incredible journey from my “Against the Grain” story to the nascent conceptual stages of Software as a Service (SaaS) and its evolution into an industry standard within the flooring sector. It showcases how RollMaster played a pivotal role in transforming business operations, growing from a modest, one-man software venture to aRead More
In 1974, the faithful son—affectionately known as “Bonehead” by his father, Pops—returned to the family flooring business with a vision to modernize operations. After three years of active Navy service and earning a degree in economics and accounting, he was eager to contribute to the legacy built on hard work and dedication. Pops, a respectedRead More
On-Premises vs Cloud Solutions in the Flooring Industry: Which is Best for Your Business?The flooring industry is evolving, and with it comes the need for modern business solutions that streamline operations, enhance customer experiences, and improve efficiency. When it comes to selecting the right IT infrastructure, the debate between on-premises (on-prem) and cloud solutions isRead More
In a recent episode of the All In podcast featuring David Friedberg, an intriguing prediction surfaced – the assertion that the SaaS business model would face significant challenges in 2024. Delving into this claim, particularly regarding the impact of AI on the Vertical SaaS model, opens the door to a broader discussion on the dynamicsRead More
In the world of flooring business, pricing strategies play a pivotal role in determining profitability. Two key financial metrics, markup and margin, provide valuable insights into the pricing structure and overall financial performance of products or services. As flooring business owners strive to set competitive prices and enhance profitability, a comprehensive understanding of these metricsRead More
The reluctance of flooring companies to adopt the FCB2B 850 functionalities, such as the EDI 850 purchase order, can stem from various reasons. Here are some common factors that may contribute to reluctance: Costs and Implementation Expenses: Implementing FCB2B can involve upfront costs for software, hardware, training, and ongoing maintenance. Smaller businesses, including some flooringRead More