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Financial Break Even Point Given The Incomplete Essay

¶ … financial break even point? Given the incomplete data, it is hard to quote any specific figure. Elements that need to be conidered include the amount of workers that the agenyc employs, the calibre and brand of tools that they purchase as well as the details of other 'material' and quality and quanitty of this material.

Their location needs to be considered; their amount of rental; expense for utilities; travel expense, detials of office equiqment, and so forth. Only once these and related information is known can one figure out the financial break even point that the agency needs to make in order to make a profit.

What is the source of investment capital?

The company partners with financial and real estate corporation will invest in agency.

How will you use financial information to craft a business strategy?

I will also know how much we can afford to charge -- this is the cost-based approach and it would also help me decide how to make my niche.
In fact, accurate assessment of financial knowledge will inform me of the suitability of the business in terms of its economic sense; whether it is suitable in terms of its environment and capacities, and whether it would procure economy of scale and scope.

I would also know whether we can obtain the necessary resources to develop and maintain the business and, if so, to which extent and which can be procured now…

Sources used in this document:
Sources

NetMBA. Financial ratios http://www.netmba.com/finance/financial/ratios/

Lamb, Robert, Boyden Competitive strategic management, Englewood Cliffs, NJ: Prentice-Hall, 1984
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