Do I have to have a Revenue forecast, and a Break-even point as a sole proprietorship?
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Hi Delmar. “have to have?” No. “Should” have – probably. If for no other reason than for yourself. Both the revenue forecast and the break-even point analyses are pieces of financial data that can help you become or stay successful in your business. The fact that you are a sole proprietorship SHOULD NOT really matter. What matters is that you are in business.
I hope that this helps.
LaRue, CSCS
www.lecfitness.com
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