Companies come up with new products every day. But how do they decide how much to charge for a product? This is where break even analysis becomes useful. This video shows you how to use the Vertex42 Break-even analysis tool to determine the optimal price for your product.
This spreadsheet, created by Dr. Wittwer at Vertex42, is a must for any business. It can be used to determine quantity of sales necessary or minimum price necessary to meet specific profitability goals. Like all Vertex42 spreadsheets, it is fully customizable and printer-friendly.