As with many, many other businesses, 2020 was a challenge for The Bikeport. Between the COVID-19 pandemic forcing declarations of emergencies and stay-at-home orders, to online service providers changing their terms of service with direct impacts on The Bikeport’s automated social media service delivery, to devastating personal news for Kevin Montgomery, it was difficult to offer meaningful service.
Nonetheless, The Bikeport was able to make some revenue. Check out the 2020 Report for details.
It’s still early in the journey in defining what kind of business I want The Bikeport to be, and where I want to go with it. I made an important decision to model The Bikeport after a Social Enterprise:
Per Investopedia, “Social enterprises seek to maximize profits while maximizing benefits to society and the environment.” As of 2019, The Bikeport by Kevin Montgomery aims to contribute half of its profit toward initiatives that advance using bicycles as transport in Brampton. https://bikeport.ca/about/
Some excellent strides were made in 2019. Check out the 2019 Report for details.