The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have fixed costs it has to cover as part of doing business, and there are ...
When you run a small business, it's important to always know your break-even point -- the amount of sales needed to pay for all of your costs in a period. Below break-even, you generate a loss; above ...
Opinions expressed by Entrepreneur contributors are their own. We recently explained the process of arriving at calculations for mark-up and gross margin. Next, we thought we would walk reader through ...
You can sell a lot of products and still not make a profit. Your profits begin only after you have paid all the costs involved in obtaining, marketing and selling your goods. The point at which you ...