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Badass Business Owners: Local Small Businesses Serving their Communities


Do You Own or Operate a Local Small Business?

Want to Earn $100,000 in Take Home Pay?

Helping Badass Local Small Business Owners like handymen, cleaners, landscapers, painters, tradesmen, dog groomers, franchisees, pool cleaners, other service-based businesses, & brick and mortar business owners have profitable businesses. If you are working 60, 70 hours a week, serving your communities, yet struggling to grow your small business's sales & profits, then, this show is for you. You Deserve an Awesome Income!

Each week we discuss how you can increase your profits, boost your sales, improve your processes & develop stronger teams. Each episode will provide an action tip you can take to help you level up your business and bring in more income.

Why struggle alone? I'm here to help

 

Jul 25, 2019

Should You Include Labor Hours in Cost of Goods Sold (COGS)?

Service-Based Business Owners Must Include Labor Hours in their Cost of Goods Sold in order to get a true cost basis and calculate a true gross margin on their services.  Especially when labor is part of the actual service.

Most importantly, solo business owners need to include labor hours too! They need to assign a typical hourly wage as if they have hired someone other than themselves to do the job. This is the only way to get a true COGS for services.

 

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

 

 

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WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams