The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have fixed costs it has to cover as part of doing business, and there are ...

You can sell a lot of products and still not make a profit. Your profits begin only after you have paid all the costs involved in obtaining, marketing and selling your goods. The point at which you ...

This guide is a tour of the five basic structures to develop an effective business plan when starting up, launching a new line or integrating a partner to grow. Although each project is different, ...

A key figure to know for operating a restaurant is your break-even point. The break-even is basically the amount of sales you need over a certain period of time not to lose money. The basic formula ...

A. Before getting into the details of your question, let’s review the options and trade-offs involved in claiming Social Security benefits either early, at full retirement age or as late as age 70.