Monday, February 14, 2011
Do You Know Your Company’s Breakeven Point?
We all know that the Breakeven Point in a business organisation is when it’s not making a profit or losing money. Sounds simple, right? Well, can you tell me what your exact Breakeven Point is? likely not. Most business owners either don’t know it or think they know it, with neither exactly knowing. Breakeven can be expressed as a Dollar amount or Unit Sales, and once determined, you have a Target to reach through a carefully thought out Business
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