break-even

Do You Know Your Break-Even Point?

Do You Know Your Break-Even Point?

All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs.

Once you’ve reached your break-even point, it’s time to celebrate: your business is no longer in the red, and you are officially earning a profit.

This article will show you how to calculate your break-even point so you can make wise business decisions that support greater growth.