We are still in Part 3 of my 3-Part Candle Biz Series - The Inventory Management Series. And today we are talking about Cost Of Goods Sold.
I get many questions about Cost Of Goods Sold (COGS) but guess what - it looks different for everyone. We all make and/or sell candles - yes. But not all of our costs will be the same! We all incur different costs as unique candle makers.
So, here in this video, I am giving you an overview of COGS, breakdown the main concepts, how to calculate and track it! Enjoy 😊
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