Tag Archive for: Profitability

Friday Retailer Flex

The Friday Retailer Flex – Episode 1

[fusion_builder_container hundred_percent="no" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center"…
Rachelle Schouten & Heather Mason

Rachelle Schouten, Development Director of the NBDA

[fusion_builder_container hundred_percent="no" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center"…
P2: Profitability and More

P2: Profitability and More

[fusion_builder_container hundred_percent="no" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center"…
how to run profitable bike shop

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.…
Adjusting in the Midst of Chaos
,

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…
choosing vendors and products
,

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
,

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.”


Improve e-bike access

Improve e-bike access for your customers today

Speak up in support of sensible e-bike access to benefit your customers and bike riders everywhere.

Inventory part 1
,

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
,

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.”