Break-Even Point calculation

Frequently, businesses make decisions based on forecasts, which result from appropriate actions depending on each situation.

The break-even point, also known as the equilibrium point, is the amount of sales (revenue) at which a company covers all of its expenses, both fixed and variable, without making a profit or incurring a loss.

Planno.gr can utilize forecasts based on both fixed and variable costs.

This emphasizes the importance of forecasting in various areas of business.

To calculate the break-even point for an event, the following data is required:

  1. Fixed costs: Costs that remain constant regardless of the number of participants in the event (e.g., venue rental, personnel fees, equipment, etc.).
  2. Variable costs per unit: Costs that depend on each additional participant (e.g., ticket cost, provisions for each participant, etc.).
  3. Sales price per unit: The price of the ticket or participation for each individual.
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