How do I calculate true COGS on an income statement?

Can I claim the COGS on my tax return for my e-commerce business?

I recently calculated the COGS for my e-commerce business. I had the idea that maybe I could claim this amount on my tax return. Does anybody know if this is possible? Has this ever been done bef

3 Insights on How to Reduce Your COGS

Knowing and understanding the cost of goods sold (COGS) is vital to a business's success. Find out ways to reduce your COGS to help improve your bottom line.

How to Calculate WooCommerce COGS to Analyze Sales, Inventory & Gross Margins

Learn how to calculate WooCommerce COGS to gain insight into your costs of doing business and where you have potential avenues to increase profit.

Which metrics should I track on a marketing dashboard?

Hi, I opened an e-commerce store using Shopify and I've mapped out a marketing campaign for myself that will be taking place on both Facebook and IG. I also decided to invest in a marketing dashb

How to Calculate COGS for Your Amazon Business

How do you calculate COGS for your Amazon business? In this post, you will discover the formula for calculating COGS and the different ways you can use it.

How to Start a Shopify Store: Beginner's Guide

If you want to start a store and sell your products on Shopify, here is an easy-to-follow step-by-step guide to help you get started.

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.

4 Easy-to-Use Dropshipping Apps for E-Commerce Beginners

Take the hassle out of starting an e-commerce business with these easy-to-use dropshipping apps for beginners.

How to Calculate Shipping Costs for Your Shopify Store

There are five ways to determine Shopify shipping costs: flat rate, calculated, free shipping, weight-based, and parcel-based shipping.

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.

How do you track your e-commerce business income and expenses?

I need to track and manage the income and expenses of my Shopify store. I've been doing it manually, but I find it to be an arduous process. Is there an app or plugin that could automate the proc

How do e-commerce businesses track their income & expenses?

Help! I've got no idea where or how to begin tracking the money that comes in and goes out as quickly as it came with this online business. It gets paid directly into my account, and I struggle m

How do you track profits?

What is the best way to keep track of small business profits?

Is advertising on TikTok cheaper since it's relatively new?

I am looking for a cost-effective media platform to market my business on that will give me a good bang for my buck. I am afraid that if I go to large platforms like Facebook, Instagram, or Googl

How do e-commerce businesses get startup funding?

Which metrics should I monitor for an e-commerce chatbot?

Hi there. I have added AI chatbots to my E-commerce website in order to provide support to customers. Apparently it is possible to track store performance using these chatbots. Does anyone know w

What is the best product for a beginner Amazon FBA business?

Hello, I'm new to having an Amazon store. I've set up the basics and I need to decide which products to stock, but I'm stuck. I don't know which would be best.

Are there any free profit trackers for Wix?

Is there a plugin or extension I can get to help track my expenses and profit on Wix?