Get break even basicsTurning a profit is the goal of most business owners. A breakeven analysis is a great tool to help you forecast profits based on possible product costs and unit prices. Finding break even point is a key factor in most business plans because without the analysis it is difficult to identify how you can attain profitability.
Use online breakeven analysis calculatorsBreakeven analysis is a widely used accounting formula. Break even calculators can be used to perform what if scenarios and help you evaluate how previous year fixed and variable costs and unit prices has affected or will affect your current year break even point. You can find various online resources to help you quickly determine your company breakeven point.
Case Western Reserve University offers an interactive online breakeven analysis calculator. KJE Computer Solutions has an online break even analysis calculator designed to help you quickly learn the number of units you will need to produce to reach a profit.
Download accounting software for breakeven analysisBreak even analysis software provides businesses with detailed instructions on how to obtain breakeven point and analyze their progress in attaining a profit. Breakeven point software includes easy-to-follow reports doe novice to intermediate users.
DIY Management Consulting sells a break-even analysis tool designed to help businesses in performing break even analysis. downloadsoftware4free.com offers a downloadable break-even analysis tool specially designed for small business owners.
- It is a good idea to perform two break even analyses. One breakeven analysis should use per-unit sales and costs assumptions while the other analysis should use break even figures derived from actual sales and profits forecasts.