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Category Archives: Small Biz #s
The BEP Formula – A Forecasting Primer
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
Target Stats
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
Forward Looking
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
Why Numbers?
After graduating college with a BA in history and a minor in Spanish I couldn’t find a job. I sent out a couple of 100 resumes but to no avail. It was depressing. My dad told me start your own … Continue reading