[TheThinkTank] Bicycle Registry

Hello All, Our community, non-profit bike shop, Cycle-Re-Cycle, is looking into the logistics of starting a community bicycle registry. The local police department doesn't have anything like it and bicycle theft is pretty rampant in our community. We keep serial numbers and descriptions on all bikes we sell, so it seems that the next step is just to print stickers with a sequential number on it to adhere to all the bikes leaving the shop.

Has anyone ever started a bicycle registry like this? Thoughts or tips?

Thanks Cycle-Re-Cycle Benton Harbor, MI