Breakeven sales is the level of sales required to exactly cover all of your costs. It's a very useful number and in another video I show you how to use it to make good business decisions.
This video explains how to calculate it as well as some basic terms and concepts that every business owner should understand. What I have seen with several of my clients is that understanding these principles is the start of their journey towards using their Profit and Loss and Balance sheet to make more money, rather than by leaving it to chance with a bunch of figures that remain in their heads or with their bookkeeper.
