bx break even analysis
DESCRIPTION
Benefit of using a simple Break Even Analysis tool in ExcelTRANSCRIPT
Alison MooreBusiness Training Advisor
Kingston Maurward College
Business Development – SFEDDI
Advanced ECDL IT qualifications
DorMen mentor
Open4Business Finalist – New Business
2.5 years
100% increase in profit
Time to Change◦ www.time-to-change.org.uk
Alison Moore Counselling
Know our business
Look at our business
Options for change
What price(s) should we charge for our products or services ?
How many units of a product should we produce ? Should we spend more on advertising ? Should we create a new service ? Should we accept or decline a new customer/order ? What sales mix (different products) should we strive for ? What is the effect of a change to a different supplier ? Should we increase or decrease our work force ? How should we deliver our service ?
Fixed – independent of volume of sales
Variable – dependent on volume of sales
A little more information:
Let’s make it clearer
Using break-even analysis can help decision
making
Most of us have Excel or similar
Ask me for help to set up your own, tailored
version
‘like’ Time to Change on Facebook etc
Thank You