Archive for February 2024
What is a Break-Even Point and How to Calculate
It’s the tipping point where you’re no longer losing money, but are not yet making a profit. Or, if using Excel, the break-even point can be calculated using the “Goal…
Read MoreCost of Goods Sold COGS Definition and Accounting Methods
Production, employee, and storage expenses all represent aspects of your cost of sales; an efficient warehouse can reduce the cost of sales by improving productivity. The purpose of reducing your…
Read More