biophase
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So what I see is:
$7M sales
$3.2M Amazon fees - which seems normal including PPC
$3M COGS - which seems a little high (my opinion it should be more like $2.1M)
He says he has 10-12 employees. Rent is $6.5k for 12k sf.
His operating numbers seem pretty close to mine except I don't have all those other fees like interest, profession fees, contract labor, etc... I've got 4 employees, my rent is way more expensive at $5k for 5k sf.
I feel like his expenses should be around $400k-$500k even doing $7M.
I would love to see numbers more like this:
$7M sales
$3.2M Amazon fees
$2.1M COGS
$100K Other fees
$1.6M Gross Profit
$500K Expenses
$1.1M Take Home (About 16%)
$7M sales
$3.2M Amazon fees - which seems normal including PPC
$3M COGS - which seems a little high (my opinion it should be more like $2.1M)
He says he has 10-12 employees. Rent is $6.5k for 12k sf.
His operating numbers seem pretty close to mine except I don't have all those other fees like interest, profession fees, contract labor, etc... I've got 4 employees, my rent is way more expensive at $5k for 5k sf.
I feel like his expenses should be around $400k-$500k even doing $7M.
I would love to see numbers more like this:
$7M sales
$3.2M Amazon fees
$2.1M COGS
$100K Other fees
$1.6M Gross Profit
$500K Expenses
$1.1M Take Home (About 16%)