Workshop – Financial Literacy 2: How to Determine Cost of Goods Sold (COGS)

Know what it really costs to do business.

Too often, entrepreneurs underprice themselves because they don’t know what it actually costs to produce their product or to deliver their service. This workshop breaks down how to calculate the real cost of delivering your product or service so you can better understand your margins, price your product or service accordingly, and forecast your sales more accurately. It’s the foundation to smart financial management.

Learn About

• What COGS includes (and what it doesn’t)
• How to identify all direct and indirect costs
• The impact of accurate costing on pricing and profitability
• How COGS affects margins, forecasting, and sustainability
• Tools and templates for calculating your own COGS

Details:

📅 October 1, 2025
⏰ Time: 9:00am to 10:30am
📍 Location: CFL Offices – 346 Christina Street, N. Sarnia, ON N7T 5V7

Meet Your Instructor

 Christina Clark, Business Coach & Lending Officer