Identify your break-even point

Without knowing your break-even point, you can’t make informed business decisions. Period.  But it can be quite daunting finding this break even point.  Will breakeven be possible, will it be reachable? To cover the costs of your business you need to sell enough goods or services to reach your break-even point. Knowing where that point is, and how long it will take you to reach it, can be fundamental to…  Read more

5 Non-essential costs you can cut from your business right now.

“My business is not making enough money, and I don’t know what to do.” We hear it all the time. Instead of ignoring the cause of the problem, it is time to put the brakes on and review the non-essential costs. When faced with cash flow or profitability issues, most business owners first reaction is to try and find new clients or customers.  Feeling desperate, they totally forget what their…  Read more

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