There is a lot of accounting lingo to learn when starting your own business, so in this post we’ll go over the term ‘cost of sales’, often known as ‘cost of goods sold’, or COGS for short. “Cost of Sales” refers to what? In accounting, the cost of sales—also known as the “cost of goods […]

While some companies may suffer a little, others appear to grow steadily. When things aren’t going well, it can be difficult for business owners to remain optimistic. Try to keep in mind that no matter how skilled you are at managing a company, you cannot truly predict the future. For example, a product that passed […]