The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have fixed costs it has to cover as part of doing business, and there are ...

This guide is a tour of the five basic structures to develop an effective business plan when starting up, launching a new line or integrating a partner to grow. Although each project is different, ...

Start-up companies almost always lose money at first, and reaching the breakeven point and starting to earn a profit is a huge milestone that business owners always plan to achieve. Tying the ...

A contribution margin allows you to determine the profit you generate from each individual product your business sells. The break-even point is the amount of revenue your business must generate to ...

We recently explained the process of arriving at calculations for mark-up and gross margin. Next, we thought we would walk reader through calculating 'breakeven.' Breakeven will help you know how much ...

When you operate a daycare, your profits will vary depending on the price you charge, the number of spots that you fill and your operating costs. Using that information, you can calculate the break ...

A. Before getting into the details of your question, let’s review the options and trade-offs involved in claiming Social Security benefits either early, at full retirement age or as late as age 70.

A. Before getting into the details of your question, let’s review the options and trade-offs involved in claiming Social Security benefits either early, at full retirement age or as late as age 70.