Return on Investments Explained

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business girl

Welcome back guys! Hope your Spring is treating you well J Now I want to continue on with our topic of opening up a successful fashion store, the next area I want to cover is your Return on Investment. You really do need to have a good estimate of your return, to make sure the money you put in your store is going to come back to you at some point, and hopefully with new friends!

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Simple Math to Estimate If and When your Business will Make a Profit: Break-Even Analysis

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Break-even Analysis

Break-Even Analysis is a simple tool to estimate if your business idea will break even or not and how many units you have to sell before this happens. It is also used as a tool to tell you the price you need to sell your product or service for.

At Break-even point, you have covered all of your expenses, but no profit has yet been made, or when your total sales equal total expenses.

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How to Open a Fashion Boutique in 5 Steps: An Overview

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Fashion Boutique

Reasons for opening up your own little shop are quite appealing – fewer people these days are satisfied with working for large companies to be rewarded only by salary and a pension. A lot of people are seeking something that is more fulfilling, more personal, or a higher calling. And you love that little clothing store on your local high street, it’s inviting, the people are friendly, and they’re helpful, maybe you should give it a go for yourself!

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