Tag Archive: breakeven point

Analyze your breakeven point to make better business choices

Written by October 29, 2014

Breakeven analysis is an important and useful tool in business. Whether starting a new business, expanding current operations, contemplating an acquisition, downsizing, or approaching banks and other potential lenders, one should know what the breakeven is. Breakeven is simply the point at which costs equal income – no profit, no loss. It’s an excellent starting point for finding out where...