Break-even is the level of sales you need to cover all of your costs (both fixed and variable). Let’s see how to work it out using an imaginary manufacturer:
Points to think about when weighing up your business idea
Written by Youth Business Enterprise
Saturday, 25 June 2005 14:50
A good idea alone will not guarantee your success. Conducting research will provide you with valuable insight into the current state of whichever market you decide on.