Greetings @artist111

1.- You have given us your perception about costs and how important their good management is for a successful business. Knowing how to make good use of them will result in the desired profitability margins.

2.- You have established differences between costs and expenses, exemplifying through a cafeteria. Everything that is involved in production is part of the costs of the product or service.

3.- You have shared with us the importance of costs for the profitability of a business, and how a good management of them can help to have a solid business.

4.- You have told us about some of the costs you include in the management of your business, however, we would have liked to see an example through a calculation table in which you determine the cost of a product or service.

Below I share the summary of the evaluation.

Thanks for joining the contest