Important metrics for every business manager are the breakeven sales price and total operating costs. They are benchmarks that need constant attention to improve productivity and control or reduce ...

Knowing where a company will start making a profit is important. The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have ...

Small and large businesses need to understand the relationship between cost, volume and profit to develop their pricing strategies. Setting prices too high might mean lost sales, while discounting ...