Real Estate Glossary | What is Break-Even Point??

Q: What is Break-Even Point?

The Break-Even Point is the point at which the cost of producing a product or service is equal to the revenue generated by selling that product or service. At the break-even point, a business is not making a profit but is not incurring a loss. It is commonly used to determine when a business will be able to generate a profit, and it's a critical point in business planning and budgeting.

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