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Category Archives: Small Biz #s
BEP aka breakeven point is the revenue level at which a business or activity’s revenue equals its costs. I like BEP a lot because business owners get it. It’s easy to manipulate, highly flexible and works for almost every business. … Continue reading
In “Forward Looking” I talked about goal setting and plans and how Numbers help to both describe the goal and more importantly measure progress towards achieving it. That’s where “target stats” come in. They make up the mile posts on … Continue reading
I’ve found the most effective use for Numbers is to look forward. I’m talking goal setting and planning. In that context, Numbers serve two vital purposes; the first is in helping describe the goal while the second is in measuring … Continue reading