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Why You Need to Conduct a Break-Even Analysis

A break-even analysis is a technique used by business owners to assess how many units and at what price they need to sell them at to make a profit.

The analysis takes into account the fixed and variable costs of a business as well as the sale price to determine the break-even point.

The business owner can also use a break-even analysis to determine the specific break-even point when it is better to buy or lease equipment to maximixe profits.

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