Apr 18, 2019
What is Your Business's Breakeven Point?
EPISODE 251 of The Local Small Business Coach Podcast
In today’s episode: Do you know what your sales need to be to Breakeven? If you are like most business owners, you don’t. However, this is one of the most important numbers you need to know. Especially if you have a seasonal business. Your Breakeven point is where the sales you produce allow you to pay for your cost of goods plus any expenses you have. Let’s take a deeper dive to help you understand this number and how to calculate it. The video that is referenced can be found at https://youtu.be/MvpaSYxIak0
QUOTE OF THE WEEK: “Life is a succession of lessons which must be lived to be understood” – Ralph Waldo Emmerson
The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.
WHO THIS PODCAST IS FOR:
local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams