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What Are Direct Costs? COGS Definition
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What Are Direct Costs? COGS Definition

Direct costs (also known as costs of goods sold—COGS) are the costs that can be completely attributed to the production of a specific product or service. Here’s why this is important for growing and running your business.

What Metrics to Track (and What Not to Track)
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What Metrics to Track (and What Not to Track)

Business owners who succeed in meeting their goals have one common thread: They all track their progress toward their goals. Here are the metrics and data you should track to realistically measure performance, and what you can safely ignore.

Great Business Idea? How to Know for Sure
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Great Business Idea? How to Know for Sure

Starting a business is risky. But using a few simple steps, you can figure out if your idea is any good—before you invest time and money to turn your business idea into a reality.