Smarter finance: Know your breakeven point

This webinar will focus on the importance of why understanding and calculating the break-even point is pivotal for small business owners, especially when approached holistically. This involves considering all aspects of their business to determine the point at which their revenue covers their costs and ultimately aligns business efforts with their goals for both business and personal life.

Learning objectives:

• comprehend the break-even point as a crucial metric for small business sustainability
• utilise financial reports and tools to calculate and interpret break-even point
• apply break-even analysis for better gains.

Learning outcomes:

• attendees will comprehend the break-even point's importance in determining the minimum sales needed for a sustainable business model
• attendees will learn how to use financial reports and tools to calculate and interpret the break-even point, aiding informed decision-making
• small business owners will gain the knowledge to apply break-even analysis, optimising their personal return on investment in alignment with business and lifestyle goals.