A break-even analysis allows managers to calculate at what point revenues will cover expenses, and to determine whether a specific project will generate enough income to cover both its fixed and variable costs. Most organizations are also subject to...
This clip notes that, while the business owner obviously has a vested interest in keeping track of the company's finances, there are other parties who may also need to know about the firm's financial condition. Examples include banks, vendors, suppl...
This clip explains that, while purchasing a business can be a great opportunity, there may be problems lurking beneath the surface. For any prospective buyer, it's a good idea to do a thorough analysis of the company's financial and legal records, i...