The importance of knowing your business costs

As a busy business owner it is hard to stay on top of every little detail or the business as you are often consistently moving and adapting. However, if there is ONE thing you must be aware of it is your breakeven point. Put simply this is - how much do you need to earn to cover costs each week/month?

This means knowing your fixed costs each period and helps relieve stress as you have a figure to aim for each week/month that once you have meet you know everything else is profit or can be reinvested into marketing or the business assets.

This does not need to be a complicated equation, we can help you have the systems in place to know this figure at the click of your fingers and have the information ready to see where you are on track to meet that figure at any point in time.

Running a business can be easy - talk to our team to take the stress out of your days and operate the EASY WAY.

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