This is an introductory-level session that provides a foundational overview of the topic.
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\n\nMany businesses take time to ramp up and become profitable\, however if the economics don&rsquo\;t take a turn for the better in the near future\, you basically have an expensive hobby. Not having a good understanding of the economics of your business can lead you down the path to financial ruin. In a business that sells goods\, understanding how COGS are recorded can help set your price and profitability\, lead to better tax reporting\, and determine if you are indeed profitable. In this Ask the Expert session\, we walk through what COGS should (and should not) include\, how to make adjustments and use the formula as a key indicator of business financial health. Being in business is about the numbers\, so if \;you are a business owner and you don&rsquo\;t understand your numbers\, you must attend this session. Sign up now!
\n LOCATION:Virtual Classroom URL (Link will be activated 15 minutes before the session.) 1. Enroll 2. On the day of the event\, click the link 3. Once you are redirected to the description page\, click the link in the "Core Content" box UID:e.9667.134 SEQUENCE:3 DTSTAMP:20260407T091440Z URL:https://members.gnwbc.org/events/details/live-event-ask-the-expert-inflation-pricing-strategies-q3-2023-134 END:VEVENT END:VCALENDAR