For a small online business that has no employees or inventory and only sales info products, does revenue equal gross profits since there is no cost to make the info product?
Asked
Active
Viewed 86 times
1 Answers
5
What about web-hosting fees? Cost of Internet service? Cost of computer equipment to do the work? Amortized cost of development? Time for support calls/email? Phone service used for sales? Advertising/marketing expenses?
Look hard--I bet there are some costs.
Rick Goldstein
- 3,436
- 17
- 19