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Calculating the Break-Even Point in Your Small Business
Manage episode 334112389 series 3012675
Annette Ferguson에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Annette Ferguson 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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].
Resources:
Money Leaks Youtube Video
Connect to Annette Ferguson:
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