ABACUS is a free annual report filled with detailed information highlighting how your store compares to other stores in a range of areas, including profitability, productivity, and financial management. It is open to bookstores that are members of the American Booksellers Association and have been open for at least a year.
SIBA strongly encourages its member bookstores to participate, regardless of business model. The financial information participants receive about their own position compare to regional and national averages is invaluable. ABACUS can:
- Improve store profitability
- Help set realistic financial goals
- Provide data to support advocacy
- Provide tools to spread awareness to local community and government leaders
- Educate staff about the numbers underlying the book business.
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