Key Topics on Private Labeling Say that you decide everything from the design and packaging to the concept and materials of the product. Afterward, the supplier manufactures the product according to these specifications. The outcome is your own product with your own brand name on it. Here in this post, you will read the key […]
USPS Shipping Zones USPS has a unique understanding of shipping zones. USPS zones are defined based on the distance a package has to travel from its original point. As a result, a lot of confusion occurs when defining various USPS shipping zones, and the most common question asked of all is “What USPS zone am I in?” These […]
Ending Inventory Key Takeaways If you’re an interested businessman and sell goods, you’ve most probably heard about “ending inventory” This term explains the total value of products a company still has for sale at the end of an accounting period. It is a piece of vital information for businesses not only for the chance of […]
Deadstock: What Deadstock Is, What Causes Deadstock, and How You Can Avoid & Manage It What is deadstock, you wonder? Simply put, deadstock is inventory that doesn’t sell. Unfortunately, Deadstock is a common issue with businesses that don’t use any inventory management software. As a result, the products that don’t sell can remain on warehouse shelves for ages, useless […]
This comprehensive guide will equip you with a deep understanding of the Cost of Goods Sold (COGS) and its significance for your business. By reading this article, you’ll learn how to calculate COGS, understand the differences between COGS and operating expenses, and explore methods to reduce your COGS, ultimately enhancing your business’s profitability. Key Takeaways: […]
