NBDA forges ahead on a tighter budget

By Stephen Frothingham

Editor’s note: For more on the changes at the NBDA, turn to the January 1 issue of BRAIN.

LAFAYETTE, Colo. (BRAIN) — Following the departure of its president, Todd Grant, in late November, the National Bicycle Dealers Association is looking to continue its programs but running on a tighter budget. The move to cut expenses is in response to income loss from its traditional sources and over-investment in capital spending.

Brandee Lepak, NBDA board chair, said the board has made “substantial expenditure reductions” and is operating on a bare-bones budget.

“Right now we are in a really great place,” said Lepak, co-owner of Global Bikes, which operates four stores in the Phoenix metro area. “We’re able to slash our expenses, we’ve protected our revenue stream, and we’ve gotten the association to a place that it can run on a bare minimum.”

The NBDA has one full-time employee, Sara Michaels, the operations and administration manager. It contracts out the publication of its newsletter, Outspokin‘, to an editor and graphic designer. Leepak said the board would eventually like to hire a new executive director — but at a lower salary that is partly based on incentives.

The NBDA’s primary income sources are Interbike, Bicycle …read more

Via:: Bicycle Retailer and Industry News