Any business, regardless of its size, needs an efficient project management strategy to organize labor. As most of the work is performed in teams, there is a need to manage and harmonize their activities to achieve optimal results.

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Break-even point formula is Fixed costs / (Sales price per unit – Variable cost per unit). Break-even point is a situation where business costs and total revenue are equal. When doing a break even analysis, one should calculate units or dollars needed to cover company expenses.

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