funding

Bplans Break-even Analysis calculator

by Sara Prentice-Manela

The Break-even Analysis is a simple calculation that lets you determine how much you need to sell, monthly or annually, to cover your costs of doing business – your break-even point. Below this sales level, you’re taking a loss. Above it, you have a profit. Example Say you’re selling boxes of candy bars at $1... Read more »

planning

Spelling and Editing are Fundamental Business Planning Activities

by Tim Berry

When I first entered the job market, all my advisors all stressed, over and over again, to be sure my résumé had no misspellings or grammatical errors. They said that employers have to screen hundreds of job applications, and would use any good reason or bad excuse to toss out an applicant. Misspellings and language... Read more »

funding

Using the Bplans.com Cash Flow Calculator

by Tim Berry

Cash flow is how much money is coming in to your business, generally sales, and how much is going out, as bills paid. Cash balance is how much money you have in your business checking account. If there is no cash in the company coffers to pay the bills, the payroll, or the taxes, you... Read more »