Tag Archive for: David DeKeyser
How To Run A Profitable Bike Shop – Free eBook
Are Used Bikes A Quick Fix For Inventory Woes?
Predicting the Top 10 Immediate Challenges for Bicycle Retailers
“It is an understatement that we are in uncharted waters. Some retailers will look for ways to exploit opportunities and others will act with more caution. Now, more than ever is the time to stay engaged in your business.”
Hidden Hurdles to Avoid: How To Run a Profitable Bike Shop
“You should always work towards the goal of becoming more profitable sometimes at the expense of understanding that your preconceived notions are wrong.”
Evaluating and Choosing a Location: How to Run a Profitable Bike Shop
Continuously Improving w/Dan Thornton
How to Run a Profitable Bike Shop: Part 2
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?”
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: 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.”