Learn how to identify your business's break-even point and gain knowledge on the basic business profit equation.
The significant changes felt by both the largest and smallest businesses in the past two years mandate significant financial reevaluation. For example, a large firm shifting to work from home will face increased inefficiencies (increasing the variable costs of operations) but will save on rents, utilities, and other fixed operating costs. Many smaller firms, such as restaurants and mom-and-pops are working at a different level of operations, trying to discern how to remain profitable in the new economy. Finally, many small businesses are emerging, whose owners need a fundamental understanding of basic financial tools. Break-even analysis is a core element of financial education, and a must-do for anyone operating a business at any size or scale.
Agenda
Faculty
John A. Kilpatrick, Ph.D., MAI
Greenfield Advisors LLC
John A. Kilpatrick, Ph.D., MAI, FRICS
- Manages Greenfield Advisors LLC, a Seattle-based consulting firm, as well as ACCRE, a private real estate hedge fund
- A world-renowned author, lecturer, and business practitioner
- Author or contributing author to 10 texts on business and over 100 journal and magazine articles, a highly sought-after consultant on bet the firm financial problems
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