Costing for Profit – BOOK
Every entrepreneur’s ultimate goal is to run a successful company. Understanding the complexity of how to cost effectively will play a major part in achieving this goal. A good idea and the right market niche can lead you to your dream of running a successful apparel business. However, for how long? It is a multi-faceted industry with many important components that should be fully understood when calculating your selling cost. Determining all the costs and all the components will be the key to your company’s success. One missing item or miscalculation from the cost sheet could lead to the loss of a season’s profit, and if not realized in time could ultimately lead to the failure of your company.