How Understanding Cost of Goods (COGS) Can Lead to More Profit

Not understanding what Cost of Goods (COGS) are could be costing you money! And this one specific mistake is DEFINITELY costing you profit. If you are a small business owner, you want to understand what Cost of Goods (COGS) are and the role they play in your profitability.

 

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DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com 

 

 

NEED A BOOKKEEPER? 

👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!

 

 

 👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners

 

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CONTACT ME:

👉  Business Coaching: tammy@babolearning.com

👉  Bookkeeping for Your Business: tammy@babobookkeeping.com

 

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FREE GUIDES / TOOLS

👉 FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business - http://bit.ly/8Steps100k

👉 FREE eGuide: How to Read a Profit & Loss Statement - https://bit.ly/ReadPL

👉 FREE Start Up Guide for Starting a Business - https://bit.ly/BusinessStartUpGuide

 

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TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need:  Quickbooks Online - https://quickbooks.intuit.com  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

 

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Managing Day to Day Tasks, Scheduling, for Home Service Pros

👉 JOBBER: https://babolearning.com/jobber &   Housecall Pro (https://babolearning.com/housecallpro )  -  integrate with Quickbooks, both are easy to learn (even if you aren’t techy!)

 

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Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi 

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👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

 

👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.

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 Local Small Business Owners are the Backbon

e of All of Our Communities! 

 

 

WHO IS THIS FOR: small business owners who serve their local community & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money & know their business numbers better!

 

 

#KnowYourBusinessNumbers #SmallBusinessOwner #tipsforsmallbusinessowners