This quantity also comes from your sales forecast and is the total price of promoting your product. For service businesses, this may also be referred to as the cost of sales or direct costs. Cost of Goods Sold, also called COGS (additionally referred to as direct prices). These rows show the expenses related to making your product or delivering your service.
COGS ought to only embrace those prices immediately associated to creating your products, not common business expenses such as lease, insurance coverage, salaries, etc. For a consulting business, it may be the cost of paper and other presentation supplies. Finally, the company overview part of your business plan ought to describe your current location and any facilities that the company owns. If you might be writing a marketing strategy for an current firm, it’s applicable to include a brief history of the corporate and spotlight main historical … Read More