KYBN - What is Your Business Break Even Point?

What is Your Business's Breakeven Point? EPISODE 251 of The Local Small Business Coach Podcast   In today's episode:  Do you know what your sales need to be to Breakeven? If you are like most business owners, you don't. However, this is one of the most important numbers you need to know. Especially if you have a seasonal business. Your Breakeven point is where the sales you produce allow you to pay for your cost of goods plus any expenses you have. Let's take a deeper dive to help you understand this number and how to calculate it. The video that is referenced can be found at https://youtu.be/MvpaSYxIak0   QUOTE OF THE WEEK: "Life is a succession of lessons which must be lived to be understood" – Ralph Waldo Emmerson   ~~~~ The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.     HELPFUL LINKS   Check Out Training Videos on Youtube Channel – Training for Local Small Business Owners Leave a Question, Show Suggestion/Idea for the Show: Ask a Question Email me at [email protected] Join the Badass Local Small Business Owners Facebook Group! Visit the Local Small Business Coach website Thinking of Getting a Coach? Check out my work with me page Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business   WHO THIS PODCAST IS FOR: local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams