Understanding Your Breakeven Point

Understanding Your Breakeven Point

Your breakeven point is the income, or sales, needed to cover all of your business costs. Any earnings above this point generate profit. So, in a nutshell, your breakeven point tells you the minimum sales needed to keep your business profitable and viable. SOS...
Business Tips: Maintaining a Work-Life Balance 

Business Tips: Maintaining a Work-Life Balance 

As a business owner, SOS Bookkeeping know that it can be challenging to strike the right balance between work and personal life. The demands of running a business can take over, leaving little time for friends, family, and self-care. However SOS Bookkeeping believe...
Budgeting for Business Success

Budgeting for Business Success

SOS Bookkeeping know that as a business owner, you wear many hats – CEO, salesperson, and accountant, to name a few. With so many responsibilities, it can be easy to overlook one of the most important aspects of running a business – budgeting. But make no...