Posts by Phil Latz
Ringo’s Direct Gets Its Teeth Stuck In To Wholesale
Remarkable Turnaround for Symbolic College Street Bike Path
Five years ago, one of the most heavily used protected bicycle paths in Australia that had been built at a cost of five million dollars, was ripped out upon the orders of an anti-cycling Roads Minister. The state was New South Wales, the path was along College Street that borders Hyde Park in the CBD…
Trisled Becomes Australian Distributor of TerraTrike and GreenSpeed
One of the many attractive features of Australia’s bike industry is its diversity. There are many niches that are surprisingly large in business sales revenue terms. Some of these niches are on a growth trajectory. Recumbent bicycles is one such niche that after many years on the margins, is seeing rapid growth in sales. This…
New Australian Museum of MTB Would Love Dealer Input
Willunga is a small South Australian town 47 km south of Adelaide. From a cycling perspective, it’s most famous for being nestled at the base of Willunga Hill, which for 20 years since its inception has hosted the ‘Queen Stage’ of the Tour Down Under. But there’s now a new cycling attraction which rather than…
Global Bike Company Results Start to Reflect Covid Bike Boom
Trek Moving to Fully Recyclable Bike Packaging
Atherton Bikes Crowdfunding Campaign Quickly Oversubscribed
Cash is King
There’s an old saying, “Turnover is vanity, profit is sanity and cash is king!” In the previous video, we focused on the first part. In this video we focus upon the final part: ‘cash is king!’ These days cash is not just ‘folding money’ but any form of readily available liquid asset. Business owners often…
Turnover is Vanity, Profit is Sanity
There’s an old saying, “Turnover is vanity, profit is sanity and cash is king!” In other words, just because you’re making sales or turnover, doesn’t mean that you’re making a profit. In this video we’ll take a closer look at these two measures and why you need to pay close attention to both, not just…
How’s Business? – November 2020
Welcome to our monthly conversation with bicycle shop owners across Australia and New Zealand. It would be lovely to have a break from talking about the Covid-19 impact upon the bicycle industry, not only for the relatively trivial reason of editorial variety, but because, as the pandemic drags on, it’s really starting to put a…