https://www.gonogo.co.il/wp-content/uploads/2016/11/gonogologo_en.png 0 0 gonogo https://www.gonogo.co.il/wp-content/uploads/2016/11/gonogologo_en.png gonogo2016-12-19 17:04:222018-03-04 13:57:52Your business plan breakeven point
Your business plan breakeven point
The BEP calculated in the business plan writing process, determine the point which total costs and total revenue are equal.
Here are 3 ways to increase your return on investment by lowering your break-even point:
1. Raising prices – thus, the gross margin percentage will be better and the BEP will be lower;
2. Outsource some of the fix costs – reduce your fix costs by outsource some of the less essential costs;
3. Sale of complementary products / services – By selling products / services in attractive price, the average profitability per costumer
will raise and low number of costumer will be needed to break even.