Finance: Cost Cutting with ABACUS

Finance: Cost Cutting with ABACUS (January 22, 2020)

ABACUS is the financial benchmarking survey that provides actionable, store-specific financial data as well as overall data on the financial health of independent bookstores for those who submit to the survey. Whether or not you submit, you will find this session full of helpful guidelines and suggestions for increasing store profitability. Not sure what ABACUS is or if it’s applicable to you? This is the perfect place to find your answers. Panelists: Pete Mulvihill, Green Apple Books (San Francisco, CA), Donna Garban, Little City Books (Hoboken, NJ), Suzanna Hermans, Oblong Books and Music (Millerton, NY), Angela Schwesnedl, Moon Palace Books (Minneapolis, MN)

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Finance: Cost Cutting with ABACUS

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The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.

Independent bookstores act as community anchors; they serve a unique role in promoting the open exchange of ideas, enriching the cultural life of communities, and creating economically vibrant neighborhoods.

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