Archive for March 11th, 2008

Why Take Time To Choose Leather Office Chairs?

Posted by admin on March 11th, 2008

You really want a leather office chair. You really would like to impress all of the other employees that you left behind when you moved up through that promotion. In fact, you really want to look like you are important. More importantly, you want that leather option because of just how soft it is. You know that when you sit in that chair that you are important and you know that it is of high quality and one of the most comfortable (and impressive) styles of chair on the market. But, you don’t want to go broke either. The good news is that you can have a choice of leather office chairs that you want, more than likely, at a low price.

Why Go Leather?

There are many reasons why you should look for leather products in furniture. The office chair is just one of them. You will be able to reap the rewards of the leather material in several ways. For one, it is beautiful and it is timeless in its design. It won’t go out of style. Secondly, it is quite durable and resistant to most of what you’ll throw at it. Lastly, you will find that leather is very comfortable and soft to touch. These reasons make this type of covering an attractive choice. (more…)

Financial Health of the American Furniture Industry

Posted by admin on March 11th, 2008

A comparison of the rate of return on investment in US manufacturing in general and in US manufacturing of furniture in particular portrays the furniture industry in a generally favorable light. Profitability is defined three different ways:

* profits before tax expressed as a rate of return on sales
* profits before tax expressed as a rate of return on shareholders’ equity
* profits plus interest payments on debt expressed as a rate of return on assets

Only on the basis of the first method of calculation - profits as a share of sales - is the furniture industry?s performance below the one for manufacturing as a whole. In 2005, the furniture industry?s rate was 6.0% compared to 6.5% for manufacturing overall. But this measure of return on investment is insufficient as it does not take into account the required size of the investment.

When profits are expressed as a return on shareholder?s equity, furniture achieves a rate of 20.7% compared to 14.6% for manufacturing. However, this measure is also lacking. It includes the equity, but not the debt portion of the investment producing the return.

(more…)