|English term or phrase: break-even|
|Definition from PowerHomeBiz.com:|
The point of business activity when total revenue equals total expenses. Above the break-even point, the business is making a profit. Below the break-even point, the business is incurring a loss.
- On the surface, break-even analysis is a tool to calculate at which sales volume the variable and fixed costs of producing your product will be recovered. Another way to look at it is that the break-even point is the point at which your product stops costing you money to produce and sell, and starts to generate a profit for your company. Weatherhead School of Management
- Generally, an initial break-even analysis focuses on a relatively narrow range of sales volume in which variable costs are simple to calculate. JBV's Competitive Edge
- A senior executive at Associated Newspapers has predicted that the London freesheet it is launching today will break even within four years, sooner than expected in its original business plan. guardian.co.uk
This question was created by:
This question is closed
Selected response from:
Noha Kamal, PhD.
|4 KudoZ points were awarded for this answer |