I am trying to determine the cogs for my start up which is an app that provides ride accommodation and some activities I am thinking about cloud hosting and tourism license but I am not sure đ I need your help guys
Cogs are anything that must be paid to deliver and fulfill an order each time someone pays. It doesnât include general admin or marketing costs.
For example general hosting is NOT a cog. But if your hosting or any online fee charges PER RIDE then it is a COG. If licenses are required for the rides then YES. General business licenses NO.
If you plug all associated costs into something like ChatGPT it will tell you.
EzGas25 on
I have recently built an app and been in the same situation. My app is kind an ordering platform for home gas delivery. We charge a 4% fee on top of every order. We need 5,000-10,000 orders per month to start turning any real profits. Hoping to hit the hundreds of thousands of orders in the next 5 years! I know Uber and Door Dash charge around 15%.
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Cogs are anything that must be paid to deliver and fulfill an order each time someone pays. It doesnât include general admin or marketing costs.
For example general hosting is NOT a cog. But if your hosting or any online fee charges PER RIDE then it is a COG. If licenses are required for the rides then YES. General business licenses NO.
If you plug all associated costs into something like ChatGPT it will tell you.
I have recently built an app and been in the same situation. My app is kind an ordering platform for home gas delivery. We charge a 4% fee on top of every order. We need 5,000-10,000 orders per month to start turning any real profits. Hoping to hit the hundreds of thousands of orders in the next 5 years! I know Uber and Door Dash charge around 15%.