INFOGRAPHIC: Why Franchise Owners Should Care About Cost of Goods Sold (COGS)

Whether you’re running a single franchise or a multi-unit operation, your franchise needs to generate enough gross profits to keep your business going. The cost of goods sold to revenue ratio is an important indicator of how much money you’re spending to generate that much-needed revenue—and profit. This infographic explains why COGS should matter to you.

Don’t want to worry about how cost of goods sold works? Let BKE do it for you. Join the  thousands of franchise owners who use BookKeeping Express to keep their books in order AND their financial health in good shape.

Questions? Chat with one of our friendly franchise experts today: Call us at 720-213-8040 or click below to request a free consultation.