Break-even is the point at which a small business covers its costs. Break-even quantity refers to the number of units a small business must sell to cover all costs, while break-even revenue refers to ...
You know your burn rate. You check your bank balance more often than you check Slack. But when an investor, advisor, or even a potential cofounder asks, “When do you break even?” there’s often a pause ...
Businesses of all sizes, including small businesses, need to have a firm grasp on the concepts of marginal revenue and break-even point. Without this knowledge, businesses are left floundering when it ...