Calculating the Break-Even Point in Your Small Business

Cash flow problems in your business are not a good thing. That is why it is of utmost importance that you are able to calculate the cash break-even point of your business because that ultimately is what matters.It is also important that you eradicate money leaks in your business so that you are able to generate a revenue that is achievable, ensure that your costs are in alignment, so that you are able to create good money to take home. Here are a few insights you’ll hear in today’s show…What is the break-even point in economics and accounting?Why is it better to calculate the cash break-even point for a business?How to calculate the cash break-even point in your business? (...What are things you need to consider on a monthly basis?)What do you need to do when you have already calculated the cash break-even number, but your sales number is much higher than what you can generate in a month?What is a money leak?If you’re struggling to understand the accounting for your business, reach out to Annette at [email protected]:Order The Profit Plan E-bookBook a call!Profit First ChecklistPF for UK bizMoney Leaks Youtube VideoConnect to Annette Ferguson:FacebookInstagramYouTube