How to Keep Track of Your Cost of Goods Sold (COGs) on eBay and Amazon

How to Keep Track of Your Cost of Goods Sold (COGs) on eBay and Amazon

What is COGs? Cost of Goods Sold is exactly what it sounds like. It’s the cost of your inventory that has sold.  You need to know this so you can figure out your net profit, and for tax reasons. When I first started reselling I would manually keep track of what I bought each item … Continue reading “How to Keep Track of Your Cost of Goods Sold (COGs) on eBay and Amazon”

3 Everyday Places to Get Work Done on Your Side Hustles and Make More Money

3 Everyday Places to Get Work Done on Your Side Hustles and Make More Money

Freedom Money is freedom. My dream is to make enough money from my internet businesses to buy some land, build a house and start a small homestead/ farm. But this requires a lot of money. I’m a 25 year old single male. I often don’t get as much done during the day as I would … Continue reading “3 Everyday Places to Get Work Done on Your Side Hustles and Make More Money”

Automatic Bookkeeping on eBay with GoDaddy (Tools Part 5- Accounting Software)

Automatic Bookkeeping on eBay with GoDaddy (Tools Part 5- Accounting Software)

Automatic Business Accounting for Resellers For the first few years that I sold on ebay I manually kept track of my all of my expenses. When I bought things at Goodwill I would take them home, and record all of the prices in an Excel Spreadsheet. When they sold I would have to type in … Continue reading “Automatic Bookkeeping on eBay with GoDaddy (Tools Part 5- Accounting Software)”