COGS (Cost of Goods Sold)

COGS, or Cost of Goods Sold, for a medical spa refers to the direct costs associated with providing services and selling products. This includes expenses like the cost of skincare products used during treatments, supplies like needles and syringes for injections, and any other materials directly tied to the services offered.

COGS helps your med spa understand how much it costs to deliver its services, which is essential for pricing and profit calculations.