choosing vendors and products
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Vendor and Product Selection: How To Run A Profitable Bike Shop

“Why do you sell specific products/brands that are on your showroom floor? Were they simply the brands that were available, brands you chose because you endorsed them personally, or brands that offered a competitive product that returned sustainable margins for your business?”

P2 Consult Inventory
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Inventory – Part 2: How To Run A Profitable Bike Shop

“As you develop better controls on your inventory, you can more confidently increase ordered quantities, always staying within your “budget” of inventory dollars, of course.”


Inventory part 1
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Inventory – Part 1: How To Run A Profitable Bike Shop

“So how do you unravel the seemingly deep dark mysteries of how much inventory is correct? It is really simple actually. You want to have an amount that allows you to turn that inventory multiple times.”

Welcome to our series introduction
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A Series Introduction: How To Run A Profitable Bike Shop

“The bicycle retail industry has a wide variety of stores and one shoe does not fit all in terms of operations. My hope is that all will find at least inspiration to try and improve the bottom line.”

Inertia will Kill Profitability
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Top Three Ways Inertia will Kill Profitability

“This is a very common refrain - that certain situations you face are unique enough to warrant higher than normal expenses. Be very careful of thinking in that way.”

Profit Boosters
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5 Simple Profit Boosters You Can Try Today

“Retailers are, or should be trying everyday to improve their businesses profitability in some way or another.”