In this session, attendees will learn essential budgeting principles, including maintaining various budgeting reports and monitoring sales, payroll, inventory, and other key financial metrics. We'll explore practical strategies for managing expenses, maximizing revenue, and maintaining financial health, as well as review ways to share this critical data with staff. Whether you're a new bookstore owner or a seasoned veteran, this session will provide valuable insights to help you navigate the financial landscape with confidence.

Files & Links

• Slide Deck
• 2022 ABACUS Report
• Budgeting and Monitoring Workbook
• 2022 ABACUS Snapshot

Speakers

• Jessica Stockton-Bagnulo, Greenlight Bookstore - Brooklyn, NY
• Gabriel Moushabeck, Booklink Booksellers Inc. - Northampton, MA
• Sarah Hutton, Village Books - Bellingham, WA
• Tina Ferguson, Face in a Book - El Dorado Hills, CA

Recorded June 11, 2024 at Children's Institute 2024 in New Orleans, LA

Additional bookstore education resources can be found at www.bookweb.org.

Theme song by Constant Companion