Unit 2: Introduction: Part 2:

• Next, you will examine how businesses plan for success and learn about the techniques used to assist the planning process. 
• In particular, you will learn how to calculate the breakeven point – the point at which sales equal costs (fixed and variable). 
• All sales over the breakeven point produce profits, while any drop in sales below that point will produce losses. 
• You will be introduced to the benefits of breakeven analysis to ensure that abusiness knows how and when to prevent losses.