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 ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Khadija Khartit is a strategy, investment, and funding expert, and an ...

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 ...

The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have fixed costs it has to cover as part of doing business, and there are ...

Do you know what price it takes to break even in your business? You'd better. It's the first goal in running a business and making a profit. Knowing the break even relationship between different ...

This guide is a tour of the five basic structures to develop an effective business plan when starting up, launching a new line or integrating a partner to grow. Although each project is different, ...