Education Resources

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ABACUS Workshop

ABACUS Workshop (July 17, 2023)
Content related to the education session ABACUS Workshop, ShopTalk.
AttachmentSize
Plain text icon Chat Copy238 bytes
Plain text icon Transcript45.92 KB
Topic:
  • Finance
Tags:
  • ABACUS

Join ABA CFO PK Sindwani, a former bookseller, and our accounting staff for our sessions designed to jumpstart your ABACUS submission. In this session, you’ll receive step-by-step instructions to fill out your ABACUS survey, tips on how to find your information to complete the survey, and ways to find time to report. Please bring your Trial balance, year-end payroll register from your payroll provider, and year-end cash register summary from your POS.

A full transcription and closed captioning are available for this session. Please note that both are machine-generated and are not reviewed for accuracy.

ABACUS Workshop (July 17, 2023)
Content related to the education session ABACUS Workshop, ShopTalk.
Watch video from this event.
Topic:
  • Finance
Tags:
  • ABACUS

Join ABA CFO PK Sindwani, a former bookseller, and our accounting staff for our sessions designed to jumpstart your ABACUS submission. In this session, you’ll receive step-by-step instructions to fill out your ABACUS survey, tips on how to find your information to complete the survey, and ways to find time to report. Please bring your Trial balance, year-end payroll register from your payroll provider, and year-end cash register summary from your POS.

A full transcription and closed captioning are available for this session. Please note that both are machine-generated and are not reviewed for accuracy.

Batch for Books: Easy Invoice Management (Outside Expert)

Batch for Books: Easy Invoice Management (Outside Expert) (February 23, 2023)
Content related to the education session Batch for Books: Easy Invoice Management (Outside Expert), Winter Institute 2023.
Topic:
  • Finance
Tags:
  • Technology

A big challenge for all bookstores is the volume and management of publisher invoices. In this session, you’ll hear from Batch colleagues and current Batch users about how they save time and money using Batch to manage their invoices and prepare payments to publishing partners. The session will include discussion and demonstrations with focus on how Batch:
- Automatically and electronically organizes invoices to reduce paperwork and free up time.
- Provides access to invoice information 24x7, enabling you to manage invoices when it’s most convenient for you.
- Provides electronic invoices, allowing you to verify shipments and raise claims for damages or shortages at the point of delivery.
- Allows payments to be prepared and remittances received and stored electronically.
- Links with QuickBooks; enabling automated entry of invoice data directly into QuickBooks.

 

Speakers: Nic Bottomley, Mr B's Emporium of Reading Delights (Bath, Somerset); Nathan Halter, Batch for Books (Hartford, Connecticut); Christine Onorati, WORD Bookstores (Brooklyn, NYC and Jersey City, NJ)

An Introduction to Researching and Writing Grants for Nonprofit and For-Profit Bookstores (Outside Expert)

An Introduction to Researching and Writing Grants for Nonprofit and For-Profit Bookstores (Outside Expert) (February 22, 2023)
Content related to the education session An Introduction to Researching and Writing Grants for Nonprofit and For-Profit Bookstores (Outside Expert), Winter Institute 2023.
AttachmentSize
File 9_05 AM An Introduction to Researching and Writing Grants.pptx5.96 MB
Topic:
  • Finance
Tags:
  • 101

Whether your store or a portion of your bookstore is classified by the IRS as a nonprofit or not, you can still raise funds by applying for grants. Come to this session to learn more about the art and science of grant writing for both nonprofit and for-profit bookstores.

 

Speakers: Brandon Lueken, Bellevue College (Bellevue, Washington)

Financial Modeling Workshop: Learn How to Create a Financial Model to Analyze a New Business Opportunity (Outside Expert)

Financial Modeling Workshop: Learn How to Create a Financial Model to Analyze a New Business Opportunity (Outside Expert) (February 21, 2023)
Content related to the education session Financial Modeling Workshop: Learn How to Create a Financial Model to Analyze a New Business Opportunity (Outside Expert), Winter Institute 2023.
AttachmentSize
File Wi2023 Financial Modeling Workshop Powerpoint1.09 MB
Topic:
  • Finance
Tags:
  • Owners and Managers

This financial modeling workshop will help you evaluate potential new initiatives for your business. Whether you think it’s time to expand your space with another physical or pop-up location, you want to begin or increase your offering of used books or non-book items, or you’re considering adding a cafe or bar, this workshop will walk you through the financial analysis to help you make sound business decisions. Preliminary work in the Strategic Planning Series: Part I, Part II, and Part III will benefit attendees of this session.

 

Speakers: Peter Brous, Seattle University Business School (Seattle, Washington)

Strategies for Succession Planning

Strategies for Succession Planning (February 20, 2023)
Content related to the education session Strategies for Succession Planning, Winter Institute 2023.
AttachmentSize
PDF icon Strategies for Succession Planning Workshop transcript.pdf631.08 KB
Topic:
  • Finance
Tags:
  • Owners and Managers

Whether you have owned a store for many years and are considering exiting a much-loved business, are planning for your store’s long-term future, or are a bookseller exploring options for keeping a business viable for many years to come, this is the session for you. This seminar will cover store valuation, alternate models for succession, how to raise capital, the importance of an emergency plan, and more!

Part one of this three-part series features Toraya Miller of Washington State’s LGBTQ+ & Allied Chamber of Commerce.
 
Part two features Tara Vitale and Peter Smith, Managing Partners at Apex Law Group.
 
The third and final part of this series features Kate Larson and Suzanne Droppert, current and former owners of Ballast Book Company (Bremerton, Washington); Michelle Bear and Mary Kay Sneeringer, current and former owners of Edmonds Bookshop (Edmonds, Washington); and David Sandberg, owner of Porter Square Books (Cambridge, Massachusetts).

 

 

 

Speakers: Suzanne Droppert, Lemolo Books (Poulsbo, Washington); David Sandberg, Porter Square Books (Cambridge, Massachusetts); Kate Larson, Ballast Book Company (Bremerton, Washington); Michelle Bear, Edmonds Bookshop (Edmonds, Washington); Sam Kaas, Norwich Bookstore (Norwich, Vermont); Toraya Miller, Washington State’s LGBTQ+ & Allied Chamber of Commerce (Seattle, Washington); Mary Kay Sneeringer, ABA Event Guest (White Plains, New York)

Strategies for Succession Planning (February 20, 2023)
Content related to the education session Strategies for Succession Planning, Winter Institute 2023.
Watch video from this event.
Topic:
  • Finance
Tags:
  • Owners and Managers

Whether you have owned a store for many years and are considering exiting a much-loved business, are planning for your store’s long-term future, or are a bookseller exploring options for keeping a business viable for many years to come, this is the session for you. This seminar will cover store valuation, alternate models for succession, how to raise capital, the importance of an emergency plan, and more!

Part one of this three-part series features Toraya Miller of Washington State’s LGBTQ+ & Allied Chamber of Commerce.
 
Part two features Tara Vitale and Peter Smith, Managing Partners at Apex Law Group.
 
The third and final part of this series features Kate Larson and Suzanne Droppert, current and former owners of Ballast Book Company (Bremerton, Washington); Michelle Bear and Mary Kay Sneeringer, current and former owners of Edmonds Bookshop (Edmonds, Washington); and David Sandberg, owner of Porter Square Books (Cambridge, Massachusetts).

 

 

 

Speakers: Suzanne Droppert, Lemolo Books (Poulsbo, Washington); David Sandberg, Porter Square Books (Cambridge, Massachusetts); Kate Larson, Ballast Book Company (Bremerton, Washington); Michelle Bear, Edmonds Bookshop (Edmonds, Washington); Sam Kaas, Norwich Bookstore (Norwich, Vermont); Toraya Miller, Washington State’s LGBTQ+ & Allied Chamber of Commerce (Seattle, Washington); Mary Kay Sneeringer, ABA Event Guest (White Plains, New York)

Decoding the P&L at the 2022 Fall Regionals

Decoding the P&L at the 2022 Fall Regionals (September 8, 2022)
Content related to the education session Decoding the P&L at the 2022 Fall Regionals, Regional Conferences.
Watch video from this event.
Topic:
  • Finance
Tags:
  • 101

Decoding the P&L for Booksellers, Managers, and Owners was presented at the Fall 2022 Regional Shows.

A bookstore’s profit and loss statement (P&L) is a critical tool for evaluating a store’s overall performance. Join ABA staff on a walk-through of a bookstore P&L statement as we lay a groundwork for understanding bookstore financials, decode individual line items to identify opportunities for improved profitability, discuss how to use ABA’s ABACUS Report, and consider ways to share financials with staff in a meaningful and cooperative manner.

Contribute to the progressive P&L Olives JamBoard here!
Decoding the P&L at the 2022 Fall Regionals (September 8, 2022)
Content related to the education session Decoding the P&L at the 2022 Fall Regionals, Regional Conferences.
Watch video from this event.
Topic:
  • Finance
Tags:
  • 101

Decoding the P&L for Booksellers, Managers, and Owners was presented at the Fall 2022 Regional Shows.

A bookstore’s profit and loss statement (P&L) is a critical tool for evaluating a store’s overall performance. Join ABA staff on a walk-through of a bookstore P&L statement as we lay a groundwork for understanding bookstore financials, decode individual line items to identify opportunities for improved profitability, discuss how to use ABA’s ABACUS Report, and consider ways to share financials with staff in a meaningful and cooperative manner.

Contribute to the progressive P&L Olives JamBoard here!
Decoding the P&L at the 2022 Fall Regionals (September 8, 2022)
Content related to the education session Decoding the P&L at the 2022 Fall Regionals, Regional Conferences.
Watch video from this event.
Topic:
  • Finance
Tags:
  • 101

Decoding the P&L for Booksellers, Managers, and Owners was presented at the Fall 2022 Regional Shows.

A bookstore’s profit and loss statement (P&L) is a critical tool for evaluating a store’s overall performance. Join ABA staff on a walk-through of a bookstore P&L statement as we lay a groundwork for understanding bookstore financials, decode individual line items to identify opportunities for improved profitability, discuss how to use ABA’s ABACUS Report, and consider ways to share financials with staff in a meaningful and cooperative manner.

Contribute to the progressive P&L Olives JamBoard here!

About ABA

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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