You know your burn rate. You check your bank balance more often than you check Slack. But when an investor, advisor, or even a potential cofounder asks, “When do you break even?” there’s often a pause ...

The break-even point in operations management measures how many units must be sold for the company's profits on sales to equal its fixed costs. Understanding how to calculate the break-even point ...

The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have fixed costs it has to cover as part of doing business, and there are ...

You can sell a lot of products and still not make a profit. Your profits begin only after you have paid all the costs involved in obtaining, marketing and selling your goods. The point at which you ...

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, ...

A break-even analysis is an indispensable financial planning tool that helps you understand your business’s revenue, expenses and cash flow so you can work towards profitability. Below, we’ll examine ...

A. Before getting into the details of your question, let’s review the options and trade-offs involved in claiming Social Security benefits either early, at full retirement age or as late as age 70.

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Picture this: you’ve just started a new business, and all is well (so far). You ...