It can tell you whether you may need to borrow money to keep your business afloat until you’re pocketing profits, or whether the endeavor is worth pursuing at all. A break-even analysis will reveal the point at which your endeavor will become profitable-so you can know where you’re headed before you invest your money and time.Ī break-even analysis will provide fodder for considerations such as price and cost adjustments. It’s wise, however, to limit your risk before jumping in. Or, you might just be thinking about expanding a product offering or hiring additional personnel. You may have an idea that spurs you to open a business or launch a new product on little more than a hope and a dream. East, Nordics and Other Regions (opens in new tab)
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