Business performance can be measured by a lot of things, but nothing can say a lot about how your business performs than a break-even analysis.
A break-even analysis is an essential financial document or report for every business. It is an analysis that determines the break-even point where the revenue equals the cost associated with earning or receiving the revenue.
Every business needs a way to forecast its costs and sales in order to plan and make crucial decisions. This is because forecasting sales and costs allows the company to know if they are going on the right track with their company’s various activities.
If you want to make a break-even analysis for your next venture or business plan then you can rely on free templates (for Excel, Google Spreadsheet, etc.). Here we will review some useful templates to make break-even analysis as well as leverage analysis. The break-even point is the sales volume that is sufficient to cover both …