For Our Clients & Future Bookstore Owners
The new ABACUS report has been released
Each year, the American Booksellers Association collects financial data from member stores, summarizes the data, and shares comparison figures with each participating store … and provisional members too. For start-ups, this is the only research we have to use for financial projections. So we want you to be using the latest numbers as you are creating your business plan.
Here’s an updated page 5-11 for your copy of Owning a Bookstore: The Essential Planning Guide.
Please print it out and replace this page in your copy of Owning a Bookstore: The Essential Planning Guide.
What’s different about this year’s figures? You’ll see that the operating income decreased slightly while payroll increased. To us, this shows that owners have decided to shift a portion of the profits to compensation … to increase staff pay and/or pay themselves more with a bonus or increased monthly pay.
The full report is available to ABA members. Contact ABA at 914-406-7500 or email@example.com.