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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.
How to increase your sales
Many people ask us, “How do I increase sales?” This is an important question and is critical to the success of any business. The ability to increase sales will support the sustainability of the business and allow the business owner to continue to provide employment, make profits and reinvest back into the business. There is nothing more important to a business than to increase sales revenue.
“Should I buy an IGA Supermarket?”
This article focuses on the key issues to consider if you are looking to buy an IGA Supermarket franchise business. This is an important decision so you should carefully do your due diligence and review the numbers of the business before you buy.