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How do I determine the cost of sales

Hello

I'm Selaasie, I am currently preparing the financial plan for my tech startup in the logistic space. I need help to determine my cost of sales. I would be glad if someone with experience in such sector can help me determine the component of my cost of sale and how to estimate them for my startup.

Best Regards Selassie

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6 answers

By calculating all The full cost of manufacturing the product، taxs , then put the price for the product according to the market prices , how much Ur product in the market now , so u can put Ur profit + the manufacturing cost .

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Hi Selassie. Are you selling hardware, software or services in your tech startup? Perhaps something else?

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Hello Miguel

I provide a service. That is an on demand delivery services.

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This is some sort of subjective matter. One avenue is to consider costs of materials, labor, overhead. Then, approach the pricing under a convenient viewpoint. Examples are perceived value from clients, prices of competition, cost-plus. How much to charge? Well, it can be per hour, by variable rate, or a flat fee. You have to customize a solution for your business because each case has important aspects and variables. Talk also to your accountant. Evaluate similar situations via web. Have success.

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I can help you professional just contact with me on what's app 00201069705793

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