Finances - Bookstore

22 Jan

Wi10 Panel to Provide Expert Advice on Securing Small Business Loans

A financial consultant, a banker, and a credit union representative will present different perspectives on what it takes to secure financing for a planned expansion or special project at a bookstore during the Wi10 panel “How to Work With Your Bank: What You Need to Know.”

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23 Oct

Curious Iguana Goes Global With Donations Under Innovative Business Model

Since its opening in September 2013, Curious Iguana in Frederick, Maryland, has donated more than $10,000 to international charities through its operations as a benefit corporation.

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22 Oct

Accessing Capital: A Conversation With SBA’s Ann Marie Mehlum

Ann Marie Mehlum, associate administrator of capital access for the U.S. Small Business Administration, discusses what SBA is doing to help independent bookstores gain access to capital and best practices that booksellers can use to increase their chances of success.

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08 Oct

Preparing for the Transition to EMV Chip Cards Next Fall

The credit card industry is in the midst of transitioning to a chip card technology system in order to combat rising reports of fraud. By October 2015, retailers must be equipped with new card terminals at their points of sale or potentially be held liable for fraudulent purchases.

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03 Apr

SBA Improves Access to Small Business Loans

The Small Business Administration has eliminated or revised several requirements for its two main loan programs to make it easier for businesses to secure SBA-backed financing and to encourage job creation.

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27 Mar

Cash Flow Strategies Within Reach

While stores may vary in the way they approach cash flow, it’s important to make time to plan ahead for the proper management of income and expenses to best maintain the inflow and outflow of bookstore funds. Here’s a look at some of the cash flow practices employed by three stores of different sizes.

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26 Mar

Bancard Offers ABA Members Low Rates on Credit Card Processing

Through a new ABA affiliate partnership, Bancard Systems is offering ABA members exclusive, low rates on credit card processing and free side-by-side rate comparisons.

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06 Mar

Bancard Offers New Credit Card Processing Option for ABA Members

The American Booksellers Association has formed a new affiliate partnership with Bancard Systems, a credit card processing company that is offering exclusive, low rates for ABA member bookstores and free side-by-side rate comparisons. 

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26 Sep

BTW News Briefs

ABFFE and Pen American Center host Paradise Banned; Writers receive MacArthur fellowships; PayPal offers small business loans; Georgetown’s Harborwalk Books destroyed by fire; Anti-tax groups support Amazon’s appeal to Supreme Court 

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15 Jul

Hachette Retail Bookstore Marketing Program Streamlines Co-op

Hachette Book Group has announced a new Retail Bookstore Marketing Program that will make its co-op more accessible and easier to use. 

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10 Jun

Panelists Offer Insights on Planning for a Second Location

At ABA’s education session “How to Plan for a Second Location” at BEA, a panel of experienced booksellers shared their experiences of starting a new venture, including determining when to expand, arranging startup capital, finding a location, coordinating staff, managing inventory, and handling POS and store logistics. 

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10 May

Swipe Fees Decline Significantly

Almost two years after the Durbin “swipe fee” amendment was signed into law as part of the sweeping Dodd-Frank Wall Street Reform and Consumer Protection Act, the Federal Reserve reported that the average interchange fee has nearly been halved.

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09 Feb

Small Business Administration Resources Explained

Resources and services available to booksellers from the U.S. Small Business Administration and its partners were the focus of a panel at last month’s Winter Institute.

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26 Aug

Grassroots Financing Is Underwriting a New Crop of Neighborhood Businesses

Stacy Mitchell, senior researcher with the New Rules Project and author of Big-Box Swindle: The True Cost of Mega-Retailers and the Fight for America’s Independent Businesses, looks at grassroots financing of local businesses, including Brooklyn's Greenlight Bookstore, Oakland's  Awaken Café, and Hardwick, Vermont's Claire's Restaurant.

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03 Jun

Thinking of Buying or Selling: Booksellers Tell Their Succession Stories

The decision to sell a business begs a series of hard questions, including: How much is the business worth? How can its value be increased? What are alternatives to exiting the business? How are buyers selected? Panelists tackled these questions and more during the Day of Education session "Succession Planning: Valuing Your Business."

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About ABA

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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