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Break Even Analysis
December 7, 2023 @ 12:00 pm - 1:00 pm PST
Next Thursday, we continue our 4 part series on making your books shine. We just passed Black Friday. As the story goes, retailers would finally get out of the red for the year and into the “black.” Very risky to only be profitable this late into the year. Do you know how to determine your break even point? Do you know what a good measure is for your business? If not, come learn from Bruce Bishline, a 20+ year business counselor, who will explain why the break even point is important and an easy way to calculate yours. Register at ntv.bz/breakeven
Break Even Point: When will I be profitable?
Hosted by Bruce Bishline
Thursday, December 7th, 2023
12 pm (noon) Pacific / 1 pm Mountain / 2 pm Central / 3 pm Eastern
This will be a webinar presented on Zoom
A break-even analysis is a valuable tool for small business owners to determine the minimum amount of sales necessary to cover all of their costs and expenses.
breakeven analysis is a helpful tool for small business owners to evaluate the potential profitability of launching or expanding their business. By understanding the costs and revenue associated with selling products or services, small business owners can make informed decisions.
Key benefits of conducting a breakeven analysis for small business owners:
- Provides a clear understanding of fixed and variable costs
- Helps to set realistic sales targets
- Helps to evaluate pricing strategies
- Helps to identify potential cost savings
This webinar is the fourth in a series of webinars designed to help you manage the financial aspects of your business. To view the first three sessions click on the links below:
Webinar 1: Record Keeping Basics for Small Business Owners
Recording Link: https://ntv.bz/SMB_records_rec1
Webinar 2: Understanding Financial Statements
Recording Link: https://ntv.bz/SMB_records_rec2
Webinar 3: Cash Flow Analysis
Recording Link: https://ntv.bz/SMB_records_rec3
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