ReCyclore Ottawa Bicycle Cooperative
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How are we doing? Quo Vadis II

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How are we doing? Quo Vadis II Empty How are we doing? Quo Vadis II

Post by Mike K Sun May 17, 2015 7:22 pm





Folks

Thought a quick update to [url=Diluckshi Sharmila Lakhani]Quo Vadis 2014[/url] might be in order. Late last fall we had 3 goals for 2015. Five months into 2015, where to we stand?:

Goals

  1. Become economically viable.  At this time we have earned 66% of our annual budget and we already have enough bikes ready to sell to make the other 33%.

    In the past Recyclore has typically had about 50% of it's sales by June 1, so if that pattern holds we will not only meet our regular annual budget plus the extra expenses we anticipate for Goal #3, we will even restore $1000 to $2000 of the reserve fund.

  2. Reclaim bikes from Richard's storage. Thanks to Green Bear Farms we have achieved Goal #2     
                        

  3. [i]Get shop cleaned up so we can put in 2 more work stations, another truing stand etc. [/i]This is clearly in progress (See Here), although there is as yet no estimate as to when those will be operational. Hopefully Ray can give us an estimate on when we hope to have those done.



So all in all things are looking quite good.
Mike K
Mike K

Posts : 19
Join date : 2014-08-06

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