A key figure to know for operating a restaurant is your break-even point. The break-even is basically the amount of sales you need over a certain period of time not to lose money. The basic formula ...

We recently explained the process of arriving at calculations for mark-up and gross margin. Next, we thought we would walk reader through calculating 'breakeven.' Breakeven will help you know how much ...

The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have fixed costs it has to cover as part of doing business, and there are ...

A break-even analysis helps you identify how much your business must sell to recoup costs. Learn how to use it to make smart ...

This guide is a tour of the five basic structures to develop an effective business plan when starting up, launching a new line or integrating a partner to grow. Although each project is different, ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Picture this: you’ve just started a new business, and all is well (so far). You ...

Opinions expressed by Entrepreneur contributors are their own. We recently explained the process of arriving at calculations for mark-up and gross margin. Next, we thought we would walk reader through ...