Blog
COGS. What is Cost of Goods Sold and why is it so important?
Cost of Goods Sold (COGS) is one of the key costs to monitor in every business. It is a measure of the costs of the goods or services we sell. It is one of the largest expenses for many business which means it should be carefully monitored to ensure it stays within guidelines.
“What is a Business Health Check?”
A business health check is one of the tools franchise accountants use to assess the financial health of a business. A business health check provides insights into the financial performance of the business. It identifies the strengths of the business, while also highlighting areas of risk and exposure. It is one of the most important tools for a business and franchise accountant.