How to Gage When You've Gone Beyond Break-even to Super Profitability

Business owners - How do you gage when your business is beyond break-even and onto profitability?  One answer for break-even is having money in your bank account at the end of the month.  A better answer is covering not only the day-to-day expense and having funds anticipating capital improvements, operational repairs and maintenance, labor cost for additional employees, taxes due, servicing debt, as well as, your marketing and sales.  

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However, many owners with 3 to 35 employees acquiring this number accurately, timely and consistently is daunting.  This requires knowing exactly the fixed cost to operate the business, being able to predict their variable cost to provide their products and services and forecasting their sales.  Where their sales exceed expense, that the break-even point, and everything beyond that is your profit.

Sounds simple...but not easy.  

Knowing your breakeven number is like knowing the score in a ball game.  Without it, you don’t know if your business is ahead or behind and which strategies you’d employ.

If you’re open to getting the knowhow and solutions to understand important numbers in your business and what drives them then let’s have a conversation to move your business toward super profitability.

pH: 972 709 6776 eM: StephenMarino@ActionCOACH.com

Let's get you back in control of your business today...