Unlocking the 2024 NBDA Cost of Doing Business Study: Insights for Your Bicycle Shop’s Success

Originally aired 9/25/24

Join the NBDA and guest expert Jay Townley of Human Powered Solutions (HPS) for an exclusive webinar diving into the 2024 Cost of Doing Business Study.

This session will provide a high-level overview of the latest study results, offering key takeaways that can help you identify strengths, weaknesses, and improvement opportunities for your shop. While we’ll cover some of the most important findings, those interested in detailed, store-specific comparisons and the full dataset are encouraged to purchase the complete study through the NBDA website.

This essential report is the most up-to-date financial performance analysis available for specialty bicycle retailers, with data collected from surveys of industry operators throughout early 2024. Don’t miss this opportunity to gain valuable insights into how your shop stacks up! Key Takeaways: Overview of key trends and benchmarks from the study Insights into regional, store-type, and sales size categories how to use this data to evaluate your store’s performance

Note: The full Cost of Doing Business Study can be purchased for $399, or $99 for NBDA members: https://nbda.com/product/cost-of-doing-business-study-2024/

You must be logged into your NBDA member account to access the recording below:

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NBDA LogoThe NBDA has been here since 1946, representing and empowering specialty bicycle dealers in the United States through education, communications, research, advocacy, member discount programs, and promotional opportunities. As shops are facing never-before-seen circumstances, these resources offer a lifeline. Together, we will weather this. We at the NBDA will not waver in our commitment to serving our members even during this challenging time—but we need your support.

Now is the time to become a member as we join together to make one another stronger. Whether you’re a retailer or an industry partner, your membership in the NBDA is one of the best investments you’ll make this year. 

Learn more about the benefits of being a member and join now.