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Know Your Numbers

Know Your Numbers

Released Thursday, 24th September 2020
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Know Your Numbers

Know Your Numbers

Know Your Numbers

Know Your Numbers

Thursday, 24th September 2020
Good episode? Give it some love!
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In this episode I talk about the numbers you need to know when you run your reselling business.  I also talk about tools to make this easier.

  1. Sell Through Rate
  2. Average sales price
  3. Gross Margin
  4. COGS
  5. Fees
  6. Net Margin
  7. Expenses
    1. Rent
    2. Insurance
    3. Utilities
    4. Supplies
    5. Fixtures
    6. Labor
    7. Returns
    8. Mileage
    9. Accounting Software
    10. Web


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From The Podcast

The Reseller Entrepreneur

1
The Reseller Entrepreneur is about taking the hobby of reselling and turning it into a full-time income by creating repeatable systems and focusing on converting customers into fanatics. Fanatics buy from you repeatedly. Join us in our reselling journey.

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