Title: What is break-even and why do businesses need to calculate it?
Lesson objectives:–
To describe what ‘break-even’ is and why its important within business
To construct a break-even table and chart and practice calculating break-even using a formula
Excellent lesson that consolodates this business skill.
Includes:
- Review of Costs calculation (start-up/running/fixed/variable/total)
- Revenue calculation
- Profit/loss/break-even (BE)
- Break-even analysis experience?
- Average vs total
- Step by step calculations
- Case study scenario
- Exam practice questions
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£1.11