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How to Calculate Your Business’s Break Even Point

You’ve heard the term “break even.” It’s a popular way to describe a time when you spent exactly as much money as you made. “We gambled $200 at the casino and won $200, so we broke even.”

But in a business context, it’s not that simple. Your break-even point doesn’t just happen in Vegas, and needs to be constantly recalculated for you to turn a profit in the long term. Here’s how to find it.

Finding Your Website Niche: How Important Is It?

Finding Your Website Niche: How Important Is It?

Before you begin to build your website or choose the name, you should determine your website niche or your business category. Figuring out what your niche is will assist in creating a clear vision of the website’s structure, content, and organization. Additionally, it...

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