INTERACTIVE VIDEO
OVERVIEW
Do you want to understand how break-even analysis works in practice? In this interactive video, we'll take a deep dive into a worked example with Yaz Osman, who wants to start a luxury cake business. We'll learn how to create a break-even chart that helps entrepreneurs assess if their business idea is financially viable.
We'll explore the different lines on the break-even chart, including fixed costs, total costs, and total sales revenue. We'll also learn how to interpret the chart and find the break-even point, which is where the business makes neither a profit nor a loss. This video will provide students with a practical understanding of how break-even analysis can help entrepreneurs set targets and make informed decisions about their business.
By the end of the video, you'll have a clear understanding of how to use the chart to make financial projections and adjust your plans accordingly. Don't miss out on this opportunity to gain valuable knowledge about break-even analysis and take your entrepreneurial skills to the next level!