Monthly Archives: August 2011

OK. Here is a formula.

I guess if you work in the finance side of business, numbers are important.   So are formulas.  So here’s one:

 

In words:  What I spend divided by what I make equals what I need to sell.

 

In short hand:  $ out/margin = breakeven.

 

This is the breakeven formula that every small business owner needs to understand.

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