Important metrics for every business manager are the breakeven sales price and total operating costs. They are benchmarks that need constant attention to improve productivity and control or reduce ...

A key figure to know for operating a restaurant is your break-even point. The break-even is basically the amount of sales you need over a certain period of time not to lose money. The basic formula ...

We recently explained the process of arriving at calculations for mark-up and gross margin. Next, we thought we would walk reader through calculating 'breakeven.' Breakeven will help you know how much ...

In the world of business, knowing when your venture becomes profitable is essential. The break-even point is a critical financial metric that indicates when your total revenues equal your total costs, ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Picture this: you’ve just started a new business, and all is well (so far). You ...

The restaurant industry has experienced a challenging 18-month tidal wave of changes and obstacles. In a year of unprecedented tests for restaurant, bar and winery owners alike, the current state of ...