Some people start a business without understanding how profitable it will be. Some existing business owners begin to worry after a number of monthly losses, whether the business can be profitable again. In this webinar you will learn how much revenue your business needs to generate in order to be profitable and have positive net cash flow. The answer is not as simple as “cover all expenses”.
In this webinar you will …
– Learn what break-even means
– Understand the difference between fixed and variable costs
– Learn how to calculate break-even using an Excel spreadsheet with formulas
– Find out how to improve your break-even point