Cost of Sales vs. expenses: What's the difference?

How to Calculate Cost of Goods Sold (COGS) for your Shopify Store

Learn how to calculate the cost of goods sold (COGS) for your Shopify store and why this metric is so important to the operation of your business.

Keeping Track of Your E-Commerce Business Expenses

Learn ways to keep track of your expenses so that you don't lose out on valuable insight into your business. Read more here.

6 Most Common E-Commerce Expenses (+ How to Reduce Them)

Learn how to reduce your e-commerce expenses and improve your bottom line by following these simple tips.

Does Your Shopify Store Need Automated Expense Reports?

Not sure about automated expense reports? Discover how they work and why your Shopify store needs them.

Mistakes to Avoid When Calculating Profit for Your Shopify Store in 2022

When calculating profit for you Shopify store, you may encounter a few hiccups. Here is a list of mistakes to avoid when calculating your profits.

How do you do cash flow projections?

How many months should a cash flow projection generally be for? I want to do a 6 moth cash flow projection, but I do need some help with how to do it. Any help would be super! TAI

How much does it cost to start an Amazon business?

Hi everyone, I'm considering starting up an e-commerce business through Amazon's FBA. My only question is whether it is still worth doing something like this, or has the market been too saturated

What is free cash flow mean in business finance?

What does free cash flow indicate, why is it important, and what is considered to be a good free cash flow?

Is Shopify expensive?

Hi, I'm looking for a cost-effective platform to start dropshipping. So far, I like Shopify the best. I just need to find out from you guys: Do you consider Shopify to be expensive? If so, what

How do you lower advertising costs in e-commerce?

I advertise on Facebook, Instagram, and Pinterest, and I found that my marketing expenses have gone so high that it takes up almost half of my store's revenue. How do I lower this expense?

Sales revenue: What is the breakeven point?

Is there a way to calculate it? If so, what's the formula? Also, what would happen if the sales revenue falls?

Does COGS form part of operating expenses?

How do I keep track of business income and expenses?

What would you say is the easiest way to keep track of the business income and expenses?

How do you calculate the breakeven point in Excel?

I want to plot the BEP in excel. What is the formula for calculating it?

Can you recommend a program to import sales figures from my Shopify store?

I have a very small budget for my business and I don't have the capacity for an accountant to keep track of all of my income and expenses. My business would benefit from having software that coul