Running a small business can be a costly endeavor, and with cost always comes risk. As a small business owner, you might find challenges in measuring whether the risks and associated expenses are worth it. Is your business plan sustainable? Is your small business profitable? If not now, will it ever be? How do you get there?
If you find yourself asking these questions, it’s time to perform break-even analysis. Read on to learn all about how break-even analysis can serve your small business.