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Break Even Calculator from Profits Plus Knowing how many you have to sell before you make a profit is not as simple as it looks. It definitely is not calculating how many of an item you have ordered, the total cost of that item, and then multiplying a quantity sold by the selling price. What has to be considered are the fixed and variable expenses associated with the business. Your fixed expenses are those that are definitely going to occur each month. The amount may vary, as exampled by utilities, but the expense is definitely is going to occur. Your variable expenses are those that may or may not occur during the month. This calculator allows you to factor all of these components as you determine just what it does take to get to the point of breaking even. |
DECEMBER 2024
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With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.
Small Business
Whose job is this, anyway? Have you heard that before? The December Small Business Article of the Month offers ideas from those who have found solutions.
Small Business
Past our announcement that the December newsletter starts our 26th year, we are discussing what is and what is not a problem.
Starting with, all these announced closings of retail operations is not a problem indicative of retail. It is an indicator of chain stores trying to correct the problems they previously made.
We came across a solution of tasks not getting done as well as tasks not done correctly. We created an owner's manual for our business. Details in the Article of the Month.
Atomic Habits by James Clear. Have you ever caught yourself saying that you had gotten out of the habit of doing something? Perhaps it is something you need to continue to do? This book can be applicable to personal and business life.
