Nov 8, 2021
Yes! You Do Have Cost of Goods in Your Business!
There are many small business owners who own a service-based business and their bookkeeper is telling them they don’t have costs of goods only expenses. Or they just take a lump sum of money at the end of the month and do not properly account for the labor hours that are part of the service. Let’s take a closer look at this often misunderstood section of your pricing and profit and loss.
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