Any power series with unit constant term can be factored into an infinite product of the form $\prod_{n\geq 1} (1-q^n)^{-a_n}$. We give direct formulas for the exponents $a_n$ in terms of the coefficients of the power series, and vice versa, as sums over partitions. As examples, we prove identities for certain partition enumeration functions. Finally, we note $q$-analogues of our enumeration formulas.