How to calculate my profit?

Modified on Thu, 25 Jul 2019 at 07:08 PM

Calculating profit needs simple mathematics.

Sales (Revenue) - Cost of Goods Sold (*) = Gross Profit (19% tax will be applied to gross profit, not to the revenue) 


(*) Your cost probably will be, Products cost, Your ads costs, Shopify costs, Payment fees and other expenses. 


If you want to learn more check this out: https://www.entrepreneur.com/article/226158


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