Breakeven point

Breakeven point,

Definition of Breakeven point:

  1. Point in time (or in number of units sold) when forecasted revenue exactly equals the estimated total costs; where loss ends and profit begins to accumulate. This is the point at which a business, product, or project becomes financially viable.

How to use Breakeven point in a sentence?

  1. When you have taken on a risky venture sometimes just getting back to the breakeven point can be considered a win.
  2. It costs Johns business $500 to buy the 500 bags of garden mulch in wholesale, which he sold at $2.50 per bag which means he would need to sell 200 bags of garden mulch to reach the breakeven point .
  3. We had reached the breakeven point in our production and sales balance so we needed to increase output this quarter to maximize profits.

Meaning of Breakeven point & Breakeven point Definition