Tag Archive for: Profitability
The Friday Retailer Flex – Episode 1
Rachelle Schouten, Development Director of the NBDA
P2: Profitability and More
How To Run A Profitable Bike Shop – Free eBook
Evaluating and Choosing a Location: How to Run a Profitable Bike Shop
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.”
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: 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.”
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.”