It’s not a dirty word! Staying profitable is what allows a business to stay in business. It is fundamental to sustainability, and therefore key to realizing your store’s mission and serving the needs of your customers. NVNR’s Profitability Track looks at building a budget and (more importantly) keeping to it. It includes a session on finding new sources of revenue, and strategies for surviving a volatile economy.
Building a Bookstore Budget
Budgeting for your bookstore doesn’t have to be scary or intimidating! A budget with a sales forecast is a critical map for business, and knowing your numbers keeps you on track. This session – designed for both new and established stores – will explore how a well-structured budget for your bookstore can help you meet your business goals and ensure a sustainable business.
Buying to a Budget
Learn how to plan your buys with an eye on the overall, seasonal, and monthly budgets. Knowing your cap will help you avoid impulse or uneven buys, and allow wiggle room to support titles you discover throughout the year.
Shaking Money Trees
This class will discuss monetizing anything and everything, finding untapped income in what stores are selling and giving away for free, and becoming comfortable with the notion of making money for our work.
Navigating Economic Downturns
We’ve faced every imaginable crisis that could affect a book retailer and we are still here. We’ll take a birds-eye view to lay out strategies to weather these times as they continue to impact us.