Why is it important for a business to know their break-even

Assignment Help Business Management
Reference no: EM13890312

The Break-Even Point

Make sure to take the Break-even point tutorial provided in the Learning Activities before responding to this Discussion.

Go to the U.S. Small Business Administration website and search for "break-even point" at https://www.sba.gov/

Then answer the questions posed:

Why is it important for a business to know their break-even point? Cite an example and support your answer with your rationale.

How long should a business be prepared financially to survive if they do not make a profit? (Support your answer with references.)

What are the resources that Tim, the shop's owner, could use if he needs to gain access to more funds to operate his business in the near future?

Reference no: EM13890312

Questions Cloud

Define public administration : In 75-150 words define Public administration as best as you can. Explain the subject matter of Public Administration and also indicate your prior knowledge on Public Administration and what you wish to gain from this class
What is the primary cost measurement and cost recognition : What is the primary cost measurement and cost recognition differences between the FIFO and average costing methods of preparing a process cost report?
Why process cost report is prepared every period for product : Explain why equivalent units are a measure of production effort instead of a physical unit measure of performance. Does the concept of cost recognition underlie why a process cost report is prepared every period for each production department?
How many offenders were involved in this crime : No other injuries were noted to the second victim. None of the second victim's possessions were missing. Why was the night watchman murdered? How many offenders were involved in this crime? Why was McWilliams beaten before being killed
Why is it important for a business to know their break-even : Why is it important for a business to know their break-even point?
Find the standard distance : Find the mean center. What is the aggregate travel distance? Find the aggregate travel distance for each of the four grid points surrounding the mean center. In which direction(s) is the median center likely to be located?
Was this a material breach of our contract : I hire some house keepers to clean my house while I am gone and pay them $120. I arrive home to see that they failed to dust the ceiling fans and missed some spots with the toilet scrubber. Was this a material breach of our contract? If not, what ..
Prepare a preliminary report recommending specific changes : In memo form, prepare a preliminary report recommending specific changes in the manufacturing processes. In preparing the report, answer the following questions: Why are you preparing the report? What is its purpose?
Find the unweighted mean center : Find the relative standard distance by assuming that the study area is a rectangle with coordinates of (0,0) in the southwest and (6,6) in the northeast.

Reviews

Write a Review

Business Management Questions & Answers

  Diversity climate is defined as organizational member

Submit a three to four page paper addressing the following concerns. Diversity climate is defined as organizational members' attitudes as well as perceptions toward people from cultural groups other than their own

  Importance of emotional intelligence

Discuss how the entrepreneurial orientation (EO) dimensions of innovativeness, proactiveness, and risk taking can be combined to make competitive advantage for a firm.

  Non-negotiable for the reason that it refers to another

Non-negotiable, for the reason that it refers to another agreement. Non-negotiable, for the reason that it is made subject to another agreement

  Describe how the components of the hawthorne study

Describe how the components of the Hawthorne study are incorporated in current human resource functions - Contrast the dynamics between dominant cultures and subcultures either in a work setting or in society.

  Long term objectives and valuescorporate culturefor an

long term objectives and valuescorporate culturefor an organization what is the importance of values and corporate

  Difference between a team and a work group

Discuss the difference between a team and a work group. A team is a group of people whose success is dependent on the performance of each member.

  Stretch them now in order to go to one cross-functional

consider the following scenario regarding the clambake company and decisions they need to make regarding their

  Why consumers may have protection through state statutes

the store had only two, out-of-style suits for sale at this price. Their other wool suits started at $175. If Nunnsky’s acted in bad faith in its advertising, consumers may have protection through state statutes.

  Caroline is conducting a share point analysis for

caroline is conducting a share point analysis for bloomingdales. first she estimates total industry sales by compiling

  Can the statute survive a constitutional challenge

The union claims no commerce is involved and that federal law does not apply. Can the statute survive a constitutional challenge? Is there a "rational basis" for the statute? Illustrate what effect does the evidence to the contrary have on the sta..

  Reasons for over-representation of african-american

Describe some of the reasons for over-representation of African-American males in prison. Describe the issues related to the problems facing Native American youth who leave the reservation. In contrast, describe the problems of Native Americans who..

  Illustrate what role do they play in behaviour

Illustrate what are group norms and illustrate what role do they play in behaviour and cohesiveness of the group? Explain how does the diversity of a group affect its performance?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd