Tag Archive for: Profitability
The Friday Retailer Flex – Episode 2
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Amos Brumble – Brumble Bikes, Westerly, RI and Head of Operations, Velo Tooler
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The Friday Retailer Flex – Episode 1
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Rachelle Schouten, Development Director of the NBDA
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P2: Profitability and More
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How To Run A Profitable Bike Shop – Free eBook
Running a profitable retail store is the goal. It’s also difficult—just consider the churn today in retail outlets. Many try; many fail. Somewhere in the middle are a majority who get by and a smaller percentage who generate solid profits.…
Evaluating and Choosing a Location: How to Run a Profitable Bike Shop
Ever wonder how to run a profitable bike shop?
Learning how to run a profitable bike shop takes effort, but is well worth it and it starts with evaluating and choosing a location. Most bicycle retail stores' second most significant expense…
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.”
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