Break-even analysis is not a panacea. It doesn't tell you if your costs are out of line. It tells you only what sales volume you need to cover fixed costs. It is, however, an excellent starting point for finding out where you are and, more importantly, where you can go. It's a good first step to planning.

This guide presented as a conversation between a business counselor and the owner-manager of a retail store, discusses an effective method of calculating the break-even point for a retail operation, it provides a financial planning take-off point.

You Also Get the Following Tools as Special Free Bonuses (download links are provided within the book):
1. Excel Financial Projections Creator - simply type in your business' details and assumptions and it will automatically produce a comprehensive set of financial projections for your specific business, including: Start-Up Expenses, Projected Balance Sheet, Projected Cash Flow Statement, Financial Ratios Analysis, Projected Profit and Loss Statement, Break Even Analysis, and more.
2. Detailed guide that will walk you step by step and show you exactly how to effectively use the above Excel Financial Projections Creator.
3. How to Improve Your Leadership and Management Skills (eBook) - Discover powerful strategies to motivate and inspire your people to bring out the best in them. Be the boss people want to give 200 percent for.
4. Small Business Management: Essential Ingredients for Success (eBook) - Learn effective business management tricks, secrets and shortcuts to make your business a success.
-------------------------------------------------------------

My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time.

Table of Contents:
1. Introduction
2. What Bank Balances May Not Reveal
3. Break-even Analysis Is Not a Substitute for Judgment
4. What Break-even Means
5. Fixed and Variable Costs
6. Calculating Break-even for a Given Profit
7. Break-even Analysis for Planning
8. Using Break-even Analysis to Examine Expansion Feasibility
9. Business Judgment Still Necessary
10. Pricing Policies

Sign up now to get the most out of Books2Read

Discover something great at Books2Read.

Thanks for signing up for Books2Read notifications!