This unique research effort for bicycle shops represents the most up-to-date comparative financial performance information available anywhere. This study is designed to serve as an easy-to-understand tool for specialty bicycle retailers to evaluate their own company’s operating results in order to pinpoint strengths and weaknesses, and improvement opportunities.

In early 2022, the National Bicycle Dealers Association mailed a strictly confidential survey questionnaire to all NBDA member firms, as well as a random sample of non-member firms

The survey collected detailed financial and operating information from industry operators by sales revenue size, store type, geographic region, and number of locations.

The NBDA Cost of Doing Business Survey was compiled, tabulated, and prepared by Industry Insights, Inc., a professional research and consulting firm which specializes in industry operating surveys, compensation studies, educational programs, and customized research services. Completed surveys were returned in strictest confidence through early 2022, to Industry Insights, Inc. Bicycle retailing firms responded to the survey, providing completed and usable questionnaires to Industry Insights for processing. All company identification, if any, was removed from each questionnaire and only a confidential identification code remained. The data was then coded, keyed, and edited by Industry Insights’ financial analysts for validity. Computer processing was performed on all data to insure statistical validity and to produce the financial and operating ratios contained in this study.

Using this information, bicycle retailers can compare their own figures with other firms in their revenue category; with other single or multi-store operators; with stores of similar size; with stores of a particular geographic region, and with the high-profit firms (i.e., those in the upper 25% based on before-tax return on assets). Spotting significant differences between your own store’s performance and the industry composites can be the first step toward improving performance. However, deviations from industry norms do not automatically call for some action.

To use this report, determine which of the above data groups pertain to your operation so that you can compare your own store’s results to retailers that are comparable to your own. Be concerned only with those sections of the report that are relevant to your business.

Price: $299. NBDA members can receive a copy for $99 if first signed in. All reports delivered as a PDF file only.

The post Cost of Doing Business Study 2022 appeared first on National Bicycle Dealers Association.

It is based on actual financial reports of independent bicycle retailers, ranging in size from under $250,000 to over $1 million in annual revenues.

The study includes an introduction on interpreting the numbers and is designed to serve as an easy-to-understand tool for bicycle dealers to evaluate their own operating results in order to pinpoint strengths and weaknesses and find opportunities for improvement.

Included is information on profitability and inventory productivity, including gross margins and inventory turns. Space and personnel productivity are analyzed, along with financial management information and sales data, including sales by quarter.

Initial margins, realized margins, and inventory turnover is presented for bicycles, clothing, and other equipment.

There is also a detailed analysis of operating expenses, including payroll, occupancy, advertising, and all other associated expenses, ending with average net operating profits or losses.

Price: $50. NBDA member price: $25, delivered as PDF file only.

The post Cost of Doing Business Study 2011 appeared first on National Bicycle Dealers Association.

This unique research effort for bicycle shops is designed to serve as an easy-to-understand tool for specialty bicycle retailers to evaluate their own company’s operating results in order to pinpoint strengths and weaknesses, and improvement opportunities.

During the spring of 2012, the National Bicycle Dealers Association mailed a strictly confidential survey questionnaire to all NBDA member firms, as well as a random sample of non-member firms

The survey collected detailed financial and operating information from industry operators by sales revenue size, store type, geographic region, and the number of locations.

The NBDA Cost of Doing Business Survey was compiled, tabulated, and prepared by Industry Insights, Inc., headquartered in Columbus, Ohio, a professional research and consulting firm which specializes in industry operating surveys, compensation studies, educational programs, and customized research services. Completed surveys were returned in strictest confidence through early June, to Industry Insights, Inc. In all, 71 bicycle retailing firms responded to the survey, providing completed and usable questionnaires to Industry Insights for processing. All company identification, if any, was removed from each questionnaire and only a confidential identification code remained. The data was then coded, keyed, and edited by Industry Insights’ financial analysts for validity. Computer processing was performed on all data to insure statistical validity and to produce the financial and operating ratios contained in this study.

Using this information, bicycle retailers can compare their own figures with other firms in their revenue category; with other single or multi-store operators; with stores of similar size; with stores of a particular geographic region, and with the high-profit firms (i.e., those in the upper 25% based on before-tax return on assets). Spotting significant differences between your own store’s performance and the industry composites can be the first step toward improving performance. However, deviations from industry norms do not automatically call for some action.

To use this report, determine which of the above data groups pertain to your operation so that you can compare your own store’s results to retailers that are comparable to your own. Be concerned only with those sections of the report that are relevant to your business.

Price: $75. NBDA member price: $35. Delivered as PDF file only.

The post Cost of Doing Business Study 2013 appeared first on National Bicycle Dealers Association.

This unique research effort for bicycle shops represents the most up-to-date comparative financial performance information available anywhere. This study is designed to serve as an easy-to-understand tool for specialty bicycle retailers to evaluate their own company’s operating results in order to pinpoint strengths and weaknesses, and improvement opportunities.

In early 2014, the National Bicycle Dealers Association mailed a strictly confidential survey questionnaire to all NBDA member firms, as well as a random sample of non-member firms

The survey collected detailed financial and operating information from industry operators by sales revenue size, store type, geographic region, and number of locations.

The NBDA Cost of Doing Business Survey was compiled, tabulated, and prepared by Industry Insights, Inc., headquartered in Columbus, Ohio, a professional research and consulting firm which specializes in industry operating surveys, compensation studies, educational programs, and customized research services. Completed surveys were returned in strictest confidence through April 2014, to Industry Insights, Inc. In all, 122 bicycle retailing firms responded to the survey, providing completed and usable questionnaires to Industry Insights for processing. All company identification, if any, was removed from each questionnaire and only a confidential identification code remained. The data was then coded, keyed, and edited by Industry Insights’ financial analysts for validity. Computer processing was performed on all data to insure statistical validity and to produce the financial and operating ratios contained in this study.

Using this information, bicycle retailers can compare their own figures with other firms in their revenue category; with other single or multi-store operators; with stores of similar size; with stores of a particular geographic region, and with the high-profit firms (i.e., those in the upper 25% based on before-tax return on assets). Spotting significant differences between your own store’s performance and the industry composites can be the first step toward improving performance. However, deviations from industry norms do not automatically call for some action.

To use this report, determine which of the above data groups pertain to your operation so that you can compare your own store’s results to retailers that are comparable to your own. Be concerned only with those sections of the report that are relevant to your business.

Price: $99. NBDA members can download their free copy after signing in. All reports delivered as a PDF file only.

The post Cost of Doing Business Study 2015 appeared first on National Bicycle Dealers Association.

Price is $99, or free for members of the NBDA (must first sign in), available as a PDF file that will be sent to a valid e-mail address. Older studies are listed in the on-line catalog and are available for a reduced price.

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