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Ko-fi Product

HOW we track profitability for selling LEGO
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Ko-fi Product

This is the link to the spreadsheet I’m using in the video—the Profitability Tracker Master we built in Google Sheets. If you want to save time and avoid reinventing the wheel, you can grab it and make a copy, then tweak the categories to match your own store.

Pros

  • +Built to track sales, cost of goods sold, and expenses in one place
  • +Month-by-month pages link back to the master totals automatically
  • +Helps estimate tax and see net profit after tax

Cons

  • -You still need to enter orders and expenses consistently
  • -Tax rates and categories need to be adjusted for your country