- This event has passed.
Business Viability 1: The Break Even Analysis
November 1, 2016 @ 10:00 am - 1:00 pm
Business Viability 1 – The Break Even Analysis
Many Entrepreneurs launch businesses based solely on the idea alone. Successful businesses are profitable, or have the potential for profit. Come join Bill Erichson to learn how to identify the costs to start and operate your business for the first year… and then calculate the starting capital and annual sales required to break even.
Discover the three kinds of start-up costs
Determine your start-up requirements
Identify your overhead costs
Understand mark-up, margin and cost of goods – your variable costs
The break-even…the first goal of any business
Whether for a starting business, or a new and expansion stage for an existing business, join us and find out how to determine the financial viability of your business.