Know Your Numbers
Play • 31 min

In this episode I talk about the numbers you need to know when you run your reselling business.  I also talk about tools to make this easier.

  1. Sell Through Rate
  2. Average sales price
  3. Gross Margin
  4. COGS
  5. Fees
  6. Net Margin
  7. Expenses
    1. Rent
    2. Insurance
    3. Utilities
    4. Supplies
    5. Fixtures
    6. Labor
    7. Returns
    8. Mileage
    9. Accounting Software
    10. Web


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