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fixed costs articles

What is operational gearing and how to measure it

What is operational gearing and how to measure it

      Risk is a natural part of business life; using operational gearing measures one of those risks.  Sorry to throw in a bit of jargon there at the start, my jargon buster ray gun is there at the ready. Have you ever wondered what operational gearing...

What does break even mean?

What does break even mean?

    If you want to stay afloat in your business, understand break even and how it can help. Every industry needs this key number for different reasons but regardless of what kind of company or size you are you should have a grasp on these fundamentals!...

Keep your business afloat during a recession

Keep your business afloat during a recession

    A recession is a difficult time for any business, so knowing How your business deals with a recession is a vital part of your toolkit, It may be that your customers may have less money to spend, you may have to let staff go, and your bottom line may be...

Best timing for businesses borrowing money

Best timing for businesses borrowing money

When should your business borrow money? And yes, there will be times when it's good for your business to borrow. There will be times when it should be avoided. Planning, attitude, risk, and cost. These are the four things you need to consider when borrowing money for...

When to pay off your business debt

When to pay off your business debt

You might be wondering, Should you pay off your business debt early. I have a few thoughts on when to pay off debt, but first let us talk about the four factors that come into play. There are four factors I want to share with you in this weekly episode of I Hate...

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