Mainstay

Covering all things small-business

Definition of Cost of Goods Sold (COGS)

Cost of Goods Sold (COGS) is a critical metric that every business owner needs to understand. In this blog post, we explore the definition of COGS, why it matters, how to calculate it, and its impact on the financial health and sale of a small business.

Sam Domino
Sam Domino

May 10, 2023