Post by account_disabled on Dec 12, 2023 6:40:52 GMT
Food such as We can sell 1 item of clothing for 200 baht, which is counted as income of 200 baht. If we get 10 items, multiply it by The price of the shirt will be Total income that day was 2,000 baht. cost Costs refer to expenses that we spend on buying products or renting things, even though we have a lot of income. It doesn't indicate that Our company is doing well. We have to analyze the costs as well. Do we use a lot of costs or is it more than our competitors? By taking all the costs that we have and analyzing them. Because some stores May not sell a lot. But their costs are low, making their profits higher than ours. For costs such as building rent, space rent. Expenses for purchasing products sold, fuel costs, travel expenses to purchase various products. These are all costs.
If we have the cost of employee wages, this must be calculated as well. Other expenses Other expenses mean Phone Number List expenses other than the cost of the products we purchase, such as water, electricity, and various travel expenses. These are hidden costs that we may not have calculated, causing us to not be able to see them. Because some people sell bread Sell and get profit But when I have to pay the house's electricity bill becomes not worth selling Because we forgot to include the cost of electricity. Profit (Loss) Profit (Loss) refers to what we earn after taking the income. After deducting the costs, we will know whether our shop is making a profit or a loss. This will be an indicator of whether Will our business survive or not? If our business has a lot of profits, we will definitely be able to expand our branches or open more stores. But if there is a loss, we have to sit and see.
Are there any costs that can be reduced or should I find more income to put into the store? Bring new products that are popular and try to sell them so that our store can continue to grow. The importance of the income statement It will be an indicator that our business is How is your financial health? Is there good liquidity? And let us know what expenses we have that can be reduced. So that our selling costs are not too much. To be able to fight with competitors Now if our business losses are greater than profits It will affect the issue of financial liquidity. You may have to borrow money from the bank to invest. And if any online seller wants to reduce the cost of selling online today, Fillgoods has a system that is called the right-hand man for online sellers. The Fillgoods online store management system not only increases the efficiency of online sales making it more convenient. But it also supports unlimited store management. Suitable for stores with many stores.
If we have the cost of employee wages, this must be calculated as well. Other expenses Other expenses mean Phone Number List expenses other than the cost of the products we purchase, such as water, electricity, and various travel expenses. These are hidden costs that we may not have calculated, causing us to not be able to see them. Because some people sell bread Sell and get profit But when I have to pay the house's electricity bill becomes not worth selling Because we forgot to include the cost of electricity. Profit (Loss) Profit (Loss) refers to what we earn after taking the income. After deducting the costs, we will know whether our shop is making a profit or a loss. This will be an indicator of whether Will our business survive or not? If our business has a lot of profits, we will definitely be able to expand our branches or open more stores. But if there is a loss, we have to sit and see.
Are there any costs that can be reduced or should I find more income to put into the store? Bring new products that are popular and try to sell them so that our store can continue to grow. The importance of the income statement It will be an indicator that our business is How is your financial health? Is there good liquidity? And let us know what expenses we have that can be reduced. So that our selling costs are not too much. To be able to fight with competitors Now if our business losses are greater than profits It will affect the issue of financial liquidity. You may have to borrow money from the bank to invest. And if any online seller wants to reduce the cost of selling online today, Fillgoods has a system that is called the right-hand man for online sellers. The Fillgoods online store management system not only increases the efficiency of online sales making it more convenient. But it also supports unlimited store management. Suitable for stores with many stores.