A little classic today you can do at home! Every business has a different set of economics but every business has one common element, they all have a break-even point. First establish your Gross Margin %. That would be your sales less your variable costs = Gross...
I thought my entrepreneurial friends might find it helpful to review the look-up table above, which tells you – the maximum reduction in sales before you lose money: First identify your company on the table by your Gross Margin and your Net Margin (after fixed...