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My Handmade Biz-Why track Cost of Goods Sold? It's important to know what it cost you to make an item so you can determine a good sales price.

My Handmade Biz-Why Track Cost of Goods Sold?

Why do I need to track Cost of Goods Sold and WHAT exactly is it? Understanding what Cost of Goods Sold is and WHY it’s important to track it is certainly a confusing thing for most handmade and creative business owners.  Let’s see if we can clear that up. Over the last couple of weeks we’ve talked about inventory – …