Understanding Your Company's Breakeven Point
The breakeven point in your business is where all direct and indirect costs have been met. You are neither making nor losing any money. The breakeven point can be measured in the number of units sold, dollars of total sales, or possibly hours billed out. This guide will show you:
- How to calculate the breakeven point
- How a reduction or increase in price impacts the breakeven point
- How a reduction or increase in costs impact the breakeven point
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