tnframer408
SGF, Supreme Grumble Framer
Just downloaded the pamphlet Wizard's been promising for several months written by Jay Golz. It's titled"How to Become a Business Wizard Using your Computerized Mat Cutter"
In typical Golz fashion, he walks you through how to market the Wizard, how to sell it and how to maximize your returns
All in all, a great read.
One thing puzzles, though, and I brought this up months ago here: how does one determine CoGS? On page 13, Jay says : "..when someone says cost of goods sold, they are usually talking about materials only. This confusion doesn't help any when talking to an accounting professional. The cost of goods sold for framing (materials and labor) should generally run about 40-42%"
OK--I'm confused. Am I to understand Jay wants us to include labor in the cost of goods scenario?
anyway, get on the website (www.wizardint.com) and download your own copy. A great read.
In typical Golz fashion, he walks you through how to market the Wizard, how to sell it and how to maximize your returns
All in all, a great read.
One thing puzzles, though, and I brought this up months ago here: how does one determine CoGS? On page 13, Jay says : "..when someone says cost of goods sold, they are usually talking about materials only. This confusion doesn't help any when talking to an accounting professional. The cost of goods sold for framing (materials and labor) should generally run about 40-42%"
OK--I'm confused. Am I to understand Jay wants us to include labor in the cost of goods scenario?
anyway, get on the website (www.wizardint.com) and download your own copy. A great read.
