Macroeconomic trends are factors that affect the regional, national, or global economy. These factors may include economic outputs, unemployment statistics, world-changing events, and inflation. Macroeconomic trends can influence the economy negatively or positively. Therefore, businesses need to be aware of these trends as they impact the demand for certain products, services, and operations. Understanding macroeconomic trends can help businesses…
Business Systems Checklist
Our Coaches pride themselves in being completely knowledgeable in regards to bringing you the latest and greatest in business growth options. We also take great pride in providing you with updates, news of interest, and tips to help you continue taking the wheel of your business and its success.
From handling workplace situations and team building to marketing and social media, you can find the answers you’re looking for to better your business and increase your knowledge base. We are always keeping an eye out for news, tools, and resources, so be sure to check-in frequently.
Is Cost of Goods Sold a Variable Cost?
Posted on March 08, 2023
As a business owner, it is your responsibility to do your best to ensure that your business makes a profit. Without profit, it’s harder to grow, do better, and move forward. Therefore, it's important to understand the Cost of Goods Sold (COGS) as it directly affects profitability. COGS is a crucial financial term that can help you run your…
