Calculate the break-even point and correct negative trends, Construction Business Management

In this video for the course Construction Business Management, I introduce Gross Margin Percentage and the Break Even Point formulas that are used with the Income Statement. These formulas offer the business owner with a perspective on how much overhead they have and trends that are occurring that could negatively impact the successful management of their construction business. Stein's Law is also addressed as and applied with the purpose of reviewing financial statements to identify and address negative trends early.
Subscribe and click the notification bell to see more videos in this series and other construction, PM, MS Project courses. On my KZbin channel check the Construction Business Management playlist. Previous videos listed below. Comments are welcome.
Business Management Course Modules
Tutorial 1A Entrepreneur & Change • Construction Business ...
Tutorial 1B Business Structure • Construction Business ...
Tutorial 2A Bus Plan Mission • Construction Business ...
Tutorial 2B Goals, Grit • Construction Business ...
Tutorial 3A Bus Plan details • Construction Business ...
Tutorial 3B Strategy • Construction Business ...
Tutorial 4A Financials Part 1 • Construction Business ...
Tutorial 4B Financials Income Stmt • Understanding The Inco...
Tutorial 4C Markup Case Study • Case Study on How To U...

[@marioarcari7649]

Great content always learning a lot thank you Tom.

[@TomStephensontraining]

Great Mario, always fun to learn new things