Discovering Your Big Niche That Will Help You Achieve Your Big Dreams – Episode 2 – Part 1
Are each of your jobs and services profitable? Are you on your way to achieving a breakeven point? In this episode, business coach Clay Clark dives into the specifics of identifying a breakeven point as it relates to creating a business model. This is one of the very first and the essential task that you must go through as an entrepreneur and business owner looking to develop a pat for achieving your goals. You must identify how many Products or services that you must sell in order to break even on your costs. This will give you a specific number of things that you must sell, and create the intensity with which you must operate on a monthly basis. Once you have identified the profit per product or service that you sell, I the profit per product or service in order to achieve your breakeven point. Once you have done that you can take your financial goal and divided by the prophet per product or service in order to calculate the number of Products and services that you must sell in order to get to your goals. Knowing these numbers are important because now you have a clear aim for what you must achieve on a monthly and weekly basis. If math is not your strong subject, make sure that you reach out to the thrive team for a free assessment for one of our one on one business coaching programs. Public relations, and firing. It is easily the worlds best business coaching program. Also, our business workshops include 15 hours of business coaching from Clay Clark and Marshall Morris that will teach you the specifics that you need to know in order to start or grow a business. This is your year to thrive and we are excited to be helping you. We cannot wait to see your growth.