How to Define and Calculate a Break-Even Analysis
According to data from a U.S. Small Business Administration Office of Advocacy report from August 2018, businesses have varied longevity.Nearly 80 percent (79.8 percent) of business startups in 2016 lasted until 2017. Between 2005 and 2017, the SBA mentions that 78.6 of new businesses lasted 12 months. Similarly, nearly 50 percent lasted at least five [...]