Archive for April, 2014

What are your break-even points?

If you have had a business coach, or been on business courses, you would have heard that it’s very important to set goals so that you know where your business is going. It is also very important to know what your break-even point is, which is the point financially in which all your outgoings are paid for.

This is a very important figure to know for your business and it is equally as important to know for your personal life too! These two figures work hand in hand; how do you know how much you need to make as a business owner, if you don’t know how much you need to pay your bills at home?

What I teach my clients is to make sure that they know what their break-even points are in both their personal and business lives. You can do the same and once you have those figures, use them to drive your business targets to ensure that you pay all your outgoings in both your business and private life.

When you have achieved those targets everything on top of that is extra money that you can put towards whatever your heart desires.

If you want to learn more about break-even points and achieving business success, give me a call on our Head Office number 07 799 113 764

Have a great day.

Simon.

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