Move Into the Profit ZoneGood news: You've reached the breakeven point! That means you can start making some serious cash.
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(YoungBiz.com) - Here's something that may seem abit hard to fathom: as a new 'trep, you're actually goingto celebrate when your business reaches thezeroprofitmark. Sound crazy? It does until you realize that that is the pointwhen your business makes the transition from operating at a loss(the place where most businesses begin) to the place called thebreakeven point--and on to the profit zone.
Of course, the breakeven point--the point when your salesexactly cover your monthly expenses--is different for everybusiness. The only way to know your own is to do a breakevenanalysis. Don't worry; it's a simple calculation. Justfollow these steps:
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