KNOW YOUR BREAKEVEN: Breakeven Analysis of Small Business Accounts

OBJECTIVES

⦁ To assist Trainees identify their variable and fixed costs
⦁ Calculate their breakeven point

PROGRAMME CONTENT

⦁ Knowing your “Floor” !
⦁ Understanding the term ‘break even’, break even analysis and knowing when your business may reach it
⦁ Fixed and Variable Costs as they relate to a small business owner
⦁ Profit margins – gross profit and net profit
⦁ What impacts breakeven point
⦁ Breakeven analysis
⦁ Introduce and calculate  overhead hourly rate
⦁ Review overview on how to cost an item or the hourly rate needed for your business
⦁ Q&A

This course is delivered by Ace Training Limited