01. True Break Even

One of the most common questions we receive is “w…

An episode of the Building Your Multi-Million-Dollar Practice: a podcast with Peter M Vessenes podcast, hosted by ProfitSee, titled "01. True Break Even" was published on January 2, 2018 and runs 9 minutes.

January 2, 2018 ·9m · Building Your Multi-Million-Dollar Practice: a podcast with Peter M Vessenes

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Summary

One of the most common questions we receive is “what is breakeven, really?” Most people believe that breakeven means nothing more than the monthly revenue that will cover expenses. Now this sounds good, but it doesn’t really work that way. Why? Well not all bills are paid on time, so you have to taking aging receivables into account, and you can’t forget about seasonality trends. Listen to this podcast to learn from ProfitSee's CEO & Founder, Peter M. Vessenes on how to calculate True Breakeven and help your clients account for growth, risk, and plan for a successful future. Learn more and download the PDF with the formula instructions here: 

Episode Description

One of the most common questions we receive is “what is breakeven, really?” Most people believe that breakeven means nothing more than the monthly revenue that will cover expenses. Now this sounds good, but it doesn’t really work that way. Why? Well not all bills are paid on time, so you have to taking aging receivables into account, and you can’t forget about seasonality trends. Listen to this podcast to learn from ProfitSee's CEO & Founder, Peter M. Vessenes on how to calculate True Breakeven and help your clients account for growth, risk, and plan for a successful future. Learn more and download the PDF with the formula instructions here:

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