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PROBLEM:Your business plan is based on a profit of 8percent and, after your first quarter in business, you discover youaren't even close. Worst of all, you aren't certain if youare including all the necessary variables.
SOLUTION:Perform a break-even analysis. This is a way ofdetermining when your business has reached the break-even point.Only after you've done this can you get on the road toprofitability. The formula you use depends on whether you sell aproduct or a service:
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