Is my business profitable?
When you start a company, one of the first terms that is usually a topic of conversation is profitability. What is it? How to get it? How long does it take to achieve profitability? What are the economic conditions that I must meet to be profitable? These are some of the questions that you surely ask yourself as an entrepreneur, and it can be a bit confusing. It is not only about selling, but also about achieving a balance between the income and expenses in your company. You must be clear that the first months, even the first years, you will have more expenses than income, so the break-even point can take time to achieve.