Expert: Break-even analysis can guide major business decisions

03/12/2013 |

To protect their business, landscape contractors should assess their break-even point before making major decisions, according to Frank Ross, a financial management expert. Businesses break even when they have generated enough income to cover equipment, labor and overhead costs. Landscape contractors should determine the break-even point when they take on new jobs or invest in equipment to see whether the investment is worth it, Ross advised.

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