Survival Tool Part 1: Your Swiss Army Knife for Recovery

A Swiss Army knife is a multi-faceted compact knife with various attachments for multiple uses. The term “Swiss Army Knife has even acquired usage as a figure of speech, indicating it’s extreme versatility applicable to any scenario one might encounter. SBDC would like to introduce you to Breakeven, an equally powerful multi-faceted business financial tool that, when used correctly and wisely, can act as your “Swiss Army Knife”. Breakeven tells you the level of sales that you need to achieve in order to “make bank” each month. But we want your business to thrive, not just breakeven! Learn how to use this valuable tool to help you make many financial decisions in your business to help ensure your profitability. Learn the steps for calculating a simple breakeven for your business and receive an introduction into the powerful uses for this tool