Ep 496 - What is your break even point? How to calculate it

Your cost break-even point is very different from your cash break-even point, and in this podcast, we’ll help you make sense of that with a few sharp examples (some of which might even ruffle a few feathers in the legal world). Every business owner should be able to calculate their break-even point to understand how many sales are needed to cover both costs and cash outgoings. By the end of this episode, you’ll know exactly how to do that.Find us here:Book a call with us: https://nextadvisory.nz/#book-onlineVisit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about