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Mastering Break-Even Analysis
September 17, 2024 @ 12:00 pm - 1:00 pm PDT
Break Even Analysis
Tuesday, September 17th, 2024
12 pm (noon) PST / 1 pm MST / 2 pm CST / 3 pm EST
This will be a webinar presented on Zoom
During Black Friday, it was said retailers would finally get out of the red for the year and into the “black.” While this may just be legend, it is important to know each year how long it take to break even. Do you know how to determine it and what a good measure is for your business? If not, come learn from Bruce Bishline who will explain why the break even point is important and an easy way to calculate yours. Register at ntv.bz/breakeven
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 helpful 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
Come learn how to apply break even analysis in your business today!
This workshop are made possible through support from the Small Business Administration, USDA Rural Development, the California Governor’s Office of Business and Economic Development, and the Elevate Initiative.
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