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“The time you spend filling out the ABACUS survey will pay off exponentially for your business.” –ABA Board of Directors in an email to members
The submission period for the 2019/2020 ABACUS has closed. Many thanks to all the bookstores that participated! Watch Bookselling This Week and BookWeb.org for updates on the release date of the new ABACUS report.
As bookstores rethink strategies and operations in a post-COVID world, the insight from the ABACUS financial survey showing how your store compares with others — whether in terms of key expense categories or sales performance — has never been more important.
ABACUS is a free annual report filled with detailed information highlighting where your store falls across a range of areas, including profitability, productivity, and financial management. Using the ABACUS report is like adding a financial officer to your staff; it clearly highlights areas that need improvement, areas in which your store is succeeding, and everything in between.
This ABACUS reporting cycle will cover both 2019 and 2020 financial results, providing participating stores with a user-friendly overview of an economy impacted by COVID-19, informative graphs, and interpretive information.
The ABACUS submission period is now closed.
Questions about ABACUS? Email ABA Chief Financial Officer, PK Sindwani.
Much of the information needed to fill out the survey will come from a store’s income statement and balance sheet, and all data shared through the ABACUS survey is confidential. Booksellers have several weeks in which to complete the survey, and the survey can be saved in progress and returned to at any time.
Participating stores will receive:
For more information about ABACUS, check out the members-only materials on the ABA Education Resources page (under "filter results by tags," select "ABACUS") or access the past five years reports.
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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