Using ABACUS as a Budgeting Tool

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Thursday, January 24, 2019 3:40 PM to 4:40 PM EST
19 Lower West ACC
Isleta/Jemez

ABACUS is a yearly benchmarking survey that gathers essential information and insights on bookstore financials. This unique and actionable data is key to a store’s long-term viability, as it can be used to create budgets and analyze important business questions. Bookseller panelists who regularly submit to ABACUS will explain how they have been able to implement changes based on their ABACUS report. In this session, booksellers will learn:

  • How to read key lines in an ABACUS report
  • How to recognize and make changes in bookstore financials
  • Important points to consider when making short- and long-term budgets based on ABACUS data

Information on how and when to submit your data to participate in the ABACUS report

Michael Becher, Industry Insights (Dublin, OH); Jamie Fiocco, Flyleaf Books (Chapel Hill, NC); Dan Cullen, ABA (White Plains, NY)

About ABA

American Booksellers Association is a national trade association that supports and advocates for the success of independent bookstores. We provide members with education, networking opportunities, advocacy, resources, and technology. In turn our members support local schools through book fairs, donations and author visits; promote literacy; provide inclusive community centers; connect readers and books; add character to neighborhoods; champion and center diverse and new voices; and contribute to the local economy. We feel honored to support them in their work.

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