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Effective Cost Leadership Strategies (With Examples)

With foresight and planning, a business can implement cost leadership strategies to gain an advantage over other competitors within their industry.

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.

5 KPIs Apple Tracks to Grow During a Recession

Apple managed to grow revenue despite a recession. We explore the 5 KPIs it uses to improve performance.

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

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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.

The Business Life Cycle: Maximizing Company Growth

The business life cycle describes the natural progression of business. Learn how to manage your business through each stage of the cycle.

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.

Why does the profit decrease when the sales increase?

I've been having this issue where my profit decreases every time I have an influx of customers and a sales increase, and I don't understand why. My CAC isn't that high either. Are there expenses

What is a life cycle of a business?

How long is a business life cycle, and how would I get mine to carry on for a couple of decades like some well-established companies do?

Broad vs. focused cost leadership strategies: What's the difference?

Hey, I know that cost leadership strategy is a method of outperforming competitors by reducing both costs and prices. I keep seeing these terms for broad and focused cost leadership though. What

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?

How far can you forecast cash flow?

How far can I realistically forecast my cash flow? I know the standard is 6-18 months but I'm trying to draw up a business plan for the next 5 years. I've had a few friends tell me they've tried

Best practices for offering discounts without devaluing my products or brand?

Hello. What are some tips for offering discounts without devaluing my overall brand? I've got a small store on Shopify currently with quite a niche market and customer base but a good reputation

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

How do you differentiate and categorize the different expenses that come with a business?

Can you calculate the breakeven point without fixed costs?

What happens if I don't have a price per unit? Can I still calculate the BEP?

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