How to calculate Break Even Point?
Doing a break even calculation is about ensuring that all the provided data are corresponding with the purpose of calculation. This calculation make it possible to know if any expense and profits are actually breaking even, or even if your goals are possible to accomplish. It is about making the decisions that would be beneficial to your company, and making use of strategies that are profitable for business. The break even analysis would be useful for different reasons.
There are different reasons break even analysis is valuable for the business. However, we are going to work together to do a completely break even analysis to benefit your business. I am going to use Microsoft Excel to do the break even analysis.