Greetings @ruthjoe

1.- You have shared the concept and importance of Cost. The cost corresponds to all that has been invested in the production of a good or provision of a service, so it is important in setting prices and therefore the profitability of the business.

2.- He has clearly explained the difference between costs and expenses, using as an example his neighbor's business to identify the one and the other.

3.- She has shared with us the importance of costs for the profitability of his business, explaining which are the items in which he invests regularly and how he takes advantage of it to make his business much more solid.

4.- You show us what would be some of the costs of your next venture - some of the services you provide in your venture, detailing some of the resources you use in providing the service. We would have liked to see how you calculate the cost of some of the services you offer.

Below I share the summary of the assessment.

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