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Breaking even? We want to do better than that! But if you do not know how to calculate your breakeven point, you cannot plan a profitable enterprise.
This book begins with how to compute a breakeven point. But it does not stop there. It explores strategies to achieve profitable operations.
We use the example of hosting a chicken dinner and figuring how many tickets we have to sell to pay the band! In this exercise we explore price, variable costs, fixed costs and an important thing called contribution margin. We will learn the formula for breaking even.
Then we will see how to become profitable by making adjustments.
This enjoyable book will give you the tools to guide your organization, department or business to profitability.
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