Costs, revenue and the meaning of break-even
Costs, revenue and the meaning of break-even
Break-even is the output where total revenue equals total cost, so profit is zero. Managers use it to set minimum sales targets and judge whether a new idea looks financially viable.
Step-by-step lessons on Edexcel A Level Business Break-even. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.