Finances - Bookstore

ABA Chief Financial Officer and former owner of Towne Book Center & Cafe PK Sindwani offers booksellers a look at the best reports to run in order to inform their upcoming year’s budget.

Here, ABA CEO Allison Hill offers a new round of information on challenges booksellers may face heading into the 4th quarter as well as actions they can take to prepare for an uncertain holiday season.

Here, ABA CEO Allison Hill offers information on challenges booksellers may face heading into the 4th quarter as well as actions they can take to prepare for an uncertain holiday season.

The goal of the Lender Match tool is to connect small businesses that have yet to apply for or receive a PPP loan with eligible PPP lenders that cater to underserved and disadvantaged communities.

On Thursday, June 11, the American Booksellers Association hosted a virtual version of its Town Hall, where booksellers were invited to share their thoughts about the association and the book industry at large.

ABA has continued to update this article with new information about the Paycheck Protection Program. For specific questions about PPP loan forgiveness, booksellers should reach out to their lender, accountant, and/or local SBA office or SBA-resource partner. 

As independent bookstores look to reopen following COVID-19 shutdowns, Hachette and Macmillan have developed reopening programs for American Booksellers Association member stores.

Experts in employment and labor law will walk booksellers through the federal government relief and wage requirements recently passed in response to COVID-19.

Among other reveals, respondents’ net income before taxes has continued to grow and was positive for the third straight year.

During the meetup, three booksellers shared their experiences with various payment methods, including Square, PayPal, and more.

The results of the ABACUS survey help booksellers identify areas that need improvement, areas in which their store is succeeding, and everything in between. Submissions are due July 12.

The customized reports and online tools that reporting stores receive in return for filling out the survey provide a full picture of a bookstore’s financial performance.