Understanding Revenue, COGS, and Profit Margins with Nick Pasquarosa | Ep.71
Episode description
Are you accidentally sabotaging your business by focusing on the wrong financial metrics? For that and more, follow us here and subscribe to our YouTube channel!In this episode of Built Online, Nick Pasquarosa, from Bookkeeper360, discusses the importance of proper bookkeeping and financial analysis for e-commerce businesses. He emphasizes that simply tracking revenue is not enough - entrepreneurs need to understand their true costs and profit margins for different products and sales channels. Without this granular financial data, business owners may be investing time and money into unprofitable areas rather than doubling down on their most lucrative offerings.------------NICK PASQUAROSA:- YouTube: https://www.youtube.com/user/bookkeeper360- Instagram: https://www.instagram.com/bookkeeper360/?hl=en- Facebook: https://www.facebook.com/bookkeeper360/- Website: http://www.bookkeeper360.com------------🎙️ Check Out the Built Online Podcast — Hosted by EverBee Founder & CEO Cody McGuffie💥 100+ Episodes Featuring Top Creators & Online Business Experts✅ 40,000+ Monthly Downloads▶️ YouTube: https://www.youtube.com/playlist?list=PLk036m54SJk6QNkrBK_Y17ND7OYIoALSx🎧 Spotify: https://open.spotify.com/show/0OBIOzNIaEvHC4c3iGPrwP🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/built-online-podcast/id1661426024------------🔥 Join 850,000+ Creators Using EverBee to Start & Grow Their Online Business🏆 EverBee is the Ultimate Platform for Creators Building Real Businesses Online👉 Sign Up for EverBee for FREE Here: https://everbee.io/?via=youtubeWe help digital entrepreneurs, creators, educators, designers, and product sellers make smarter decisions, faster — so they can grow with confidence.🧠 Discover What’s Working Right Now in Your Niche📈 Uncover Proven, High-Converting Product Ideas🛠️ Save Time With Real Data & Insights📬 Nurture Your Audience With Built-In Email Tools⚡ No Guesswork. No Overwhelm. Just Growth.👥 Trusted by Over 850,000 Creators and Entrepreneurs.🌐 Connect With Us:- Instagram: https://www.instagram.com/everbee.io/- TikTok: https://www.tiktok.com/@everbee.io- Start for Free: https://everbee.io/?via=youtube- Member's Only Facebook Group: https://www.facebook.com/groups/everbeemembers/