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In this detailed financial session, booksellers will walk publishers through the Profit and Loss statement of a general bookstore and discuss the financial realities of owning and operating a storefront retail space, while delineating the many factors that affect the operation and ultimate success or failure of a retail bookstore business.
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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