Oct 6 in General discussion
Do you know your breakeven?
Knowing your break-even point is crucial for running a business because it tells you the exact sales volume needed to cover all your costs, meaning you are neither making a profit nor a loss, allowing you to make informed decisions about pricing, sales goals, cost management, and overall business strategy to ensure profitability and financial stability.
What are some of the key points to your breakeven? Drop some of your key categories below.
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Do you know your breakeven?
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