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Why
Plan for Profits?
The first step in planning for profits is to determine your break
even point. To break even means that your revenues exactly cover
your costs. So by using break even analysis you can find out at what
point your company's revenues exactly cover its expenses.
But who
wants to just break even?
Exactly. By using the
Planning for Profits
Analyzer, you'll be able to
make better decisions relating to cost, volume, and pricing changes
in your company that will help you reach targeted profit levels.
Ever
wonder...
What will happen to your
profits if your prices go up or down?
What will happen to your
profits if your sales go up or down?
How much will you need to make in
sales to earn a specific profit?
How much will you need
to make in sales to cover each additional dollar in fixed costs?
To do break even analysis, you'll need a recent
monthly, quarterly, or yearly profit and loss statement for your
company. Then, click the Next button or Input tab.
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