Setting Yourself Up to Make a Profit: Costing and Break-Even Analysis

Event description

Often, we skip over our understanding of our own costs and go straight to pricing.  But how can we begin to figure out how much to charge a customer until we know our costs?

In this webinar, we will dive into the development of financial projections with a focus on costing.  We will review the characteristics of your costs, learn about the contribution margin approach, and how to calculate what your break-even sales are for your business.

By the end of this webinar, you will be able to apply your understanding of the cost structures for your own business and have the tools to begin to set goals for yourself.  

The instructor, Ann Zimmerman, is a Washington SBDC Certified Business Advisor. She earned her BA in Accounting from Western Washington University and received her Master’s degree in Accounting and Tax from Washington State University. Ann has over thirty years of experience in business and has worked in various industries, including retail, construction services, manufacturing, healthcare, and not-for-profit.