How do I calculate true COGS on an income statement?

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.

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 is COGS calculated?

Can someone please give me the formula for calculating the cost of goods sold along with an example? Thanks!

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.

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.

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 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 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.

What expenses are included in COGS?

How do I know which expenses are and are not included in the COGS calculation?

What is a good profit margin for Shopify?

How do you keep track of profit and loss?

I feel like I'm floating in an ocean with no land in sight. Are there any proven methods you can recommend for tracking the profit and loss of my online business?

How do you calculate the cost of goods sold on a profit and loss account?

I've tracked my operation expenses separately to my P&L sheet, but I want to integrate them for easier management. Who here knows how to calculate it so that it works together?

Is Wix hard to learn?

Hi everyone. I want to use WIX to build my online store. Do you think it would be hard to learn? Should I take a course?

What is the most affordable e-commerce platform?

Good afternoon entrepreneurs. Which do you reckon is the best e-commerce platform, that will enable me to sell only with no money. I'm obviously not looking for a free business, there's always

Which mobile app is best for an e-commerce website?

Hi, I want to get a mobile app for my store. Is there anything I should look out for, and do you have any recommendations?

Tips when negotiating new supply contract.

My current supplier contract is coming to an end in 6 months and soon I'll need to start negotiating for a new one. Overall I've been very happy with my supplier and they are easy to work with bu

What is the formula of cost of goods sold?

Hi, I want to calculate COGS but I don't know how. Can someone please explain the formula to me, and give me an example?