Break-Even Analysis Explained
About this lesson
Break-even analysis allows you to understand at what point your sales will cover your costs. This point is known as your break-even point (BEP). In this video, we'll show you the logic behind break-even analysis, and look at an example of how a new business might use it for scenario planning around profitability and price setting. Learn more in our companion article here: https://hi.switchy.io/33Ta Subscribe to Our Channel: http://bit.ly/2k9j9DJ
Original Description
Break-even analysis allows you to understand at what point your sales will cover your costs. This point is known as your break-even point (BEP).
In this video, we'll show you the logic behind break-even analysis, and look at an example of how a new business might use it for scenario planning around profitability and price setting.
Learn more in our companion article here:
https://hi.switchy.io/33Ta
Subscribe to Our Channel:
http://bit.ly/2k9j9DJ
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