Categories for General Business News

• How to Define and Calculate a Break-Even Analysis

  Posted Date July 1, 2019 Posted Time 12:00 pm Published in Service2Client

  According to data from a U.S. Small Business Administration Office of Advocacy report from August 2018, businesses have varied longevity. Nearly 80 percent (79.8 percent) of business startups in 2016 lasted until 2017. Between 2005 and 2017, the SBA mentions that 78.6 of new businesses lasted 12 months. Similarly, nearly 50 percent lasted at least five years.   While there are many reasons why a company goes out of business – one is profitability. Knowing when the business is breaking even and will start making a profit can be accomplished with a break-even analysis. Defining a Break-Even Analysis As the... View Article