What are the Benefits of Break Even Point in Business?

[Suba]

Break Even Point (BEP) is a method or calculation method to determine the break-even point or zero point where the business does not make a loss or profit. BEP is very important to know for business owners, especially those who are just starting out. Here are some of the benefits of knowing BEP for business people:
- Knowing how many minimum products must be sold so that they do not lose money.
- To estimate when it is time to return capital.
- Please add or complete this thread.

 

[Starmix]

Break even is better than losing. Many busines owners are thankful on this than zero balance hehe, it's the usual phrase for those who fails to gain. To avoid receiving only the breakeven results, the business owner must engage in a more productive strategy, no credit to avoid business discrepancy incase the creditor pays beyond the agreement, capital rolls.

 

[Suba]

The break even point is actually just a calculation on paper, which business people need to know, such as how many bowls of noodles must be sold in a day so that BEP is achieved.

 

[Kross]

Break even point for a new business is very positive achievement. It lays the foundation for a business to pursue profits.