495: How To Make An Extra $100k This Year By Optimizing Your Financial Stack With Bill D’Alessandro
The My Wife Quit Her Job Podcast With Steve Chou
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Logistical Challenges and Cost Management
This chapter explores the challenges of inventory tracking and cost management in ecommerce business. It discusses different approaches such as landed average cost and average cost, as well as the importance of periodic inventory revaluation. The chapter also touches on allocating revenue to bank accounts, following Standard Operating Procedures, and analyzing financial statements for optimal profitability.
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