Every month large organisations pour over budgets, Analysing variances, updating forcasts.. But what about Small Businesses? Should they budget too? Absolutely. If you don’t prepare a budget you have nothing to aim to. Budgeting will assist with business planning and cost control ultimately ... Views: 442
Firstly lets look at the terms used in this post:
The Break-Even point in sales volume is defined as:
“ That point in sales volume, or revenue, where direct costs have been recovered, fixed overhead expenses have been absorbed and where profit begins”
Contribution is the SALES less ... Views: 517