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 ...

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, ...

Profit is the ultimate goal for any business. Business owners selling goods or services use the unit contribution margin to determine the profit per unit. It is calculated as a percentage or dollar ...

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 ...