variable costs

small business operating expenses

Small Business Operating Expenses

Gaining a good understanding of your small business operating expenses is critical. Especially when you are evaluating past performance, making decisions about future activities or developing a business plan. You will need to know what your operating costs are likely to be so that you can calculate Identifying your Business Operating Expenses Your operating expenses will be reported in your Income … Read more

Calculating Your Break-even Volume: Contribution Margin Method

Calculating your break-even volume is sometimes quite difficult. The formula for calculating the break-even point is as follows: Sales – ([Variable Cost per Unit x Sales Volume] – Fixed Costs) = 0 You are probably able to calculate the fixed and variable costs. But if you are starting, it may be difficult to work out the sales and sales volume … Read more