As business owners, we’ve gotten extremely comfortable with talking about numbers, from how much we’re making to how much is going out the door for expenses. In this episode, we’re bringing that money talk to you! We’re introducing you to our Breaking Even Better Analysis, our formula for calculating your sales. It can feel scary to look at your finances, but using this formula will help you make more informed decisions about your pricing, expenses, and sales activities within minutes.
🚀Feeling overwhelmed by your business finances? Caja Holdings provides expert fractional CFO services to help you understand your numbers, improve cash flow, and increase profitability—without the stress. Schedule a free consultation at https://www.cajaholdings.com/ today!
Resources mentioned:
Breakeven Analysis formula: (Fixed Costs/Price Per Unit) - Variable Price Per Unit = Breakeven point
Breakeven Analysis Calculator - Click the “Make a Copy” button after clicking on the link and then start calculating your Breakeven point!
Good to Great by Jim Collins
In this episode, we cover:
How to calculate your Breakeven point (so you know how much to sell to make a profit)
The financial factors that should influence your pricing
Raising your prices without making your clients mad
Tips for lowering your operational costs to increase profit
How we’ve saved thousands of dollars a month in expenses by getting creative
Our honest thoughts on offering discounts and bundles
The biggest mistakes we see business owners making when it comes to expenses and pricing
For years, our group of business besties have been meeting up for dinner and drinks to talk about the ins, outs, wins, and struggles of running a business. Now, we’d love for you to pull up a seat at the table and join us at Breaking Even Better, the podcast where we share the lessons we’ve learned (sometimes the hard way!) and how you can apply them to your own business.
Meet Your Co-Hosts:
Brenda Harris, Founder & CEO of BPN Staffing Solutions, a premier healthcare staffing agency; and The Lab Look, a medical apparel company
Carolina Aponte, Fractional CFO, Founder & CEO of Caja Holdings, an accounting and fractional CFO firm
Trish Saemann, Marketing Consultant, Fractional CMO, and Owner of GoBeyond SEO, a boutique digital marketing agency
Connect with Breaking Even Better:
