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

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 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.

What are non-COGS?

What expenses are not included in COGS?

How do you calculate the breakeven point in Excel?

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

Does COGS form part of operating expenses?

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

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?

Is COGS a direct or indirect cost?

I'm trying to understand how COGS fits into inventory analysis and expenses and whether it is a direct or indirect cost. Help?

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?

What is a good OPEX for an Amazon store?

I want to make sure that my idea of how much operating expenses should be is as realistic as possible. I want to keep my costs as low as possible, but we need to be realistic in the end.

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

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?