Wednesday, 16 September 2015

QUESTIONS TO ASK YOUR ACCOUNTANT - 10 WEEK SERIES

WEEK 6 – What is my breakeven point and why is this important?


 
The breakeven point is the point at which your business is making neither a profit nor a loss.

The breakeven point is critical to know exactly when you begin to make a profit and how low a price you can offer, and the effects of discounting on your net profit.
 
If you have questions please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 for an initial consultation.
 

We provide accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.

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