Sunday, March 19, 2023 1:44:20 PM
It took FedEx about 13 years to show a profit. It took Turner Broadcasting System about 11 years to exhibit a profit. It took Amazon 7 years to turn a profit. Other companies 3-5 years. Each business’s profitability timeline will differ so it’s important to do the math to see when the business will make money.
This formula is called a “break-even analysis,” according to Forbes. It will reveal how much revenue you need to cover your expenses and when your business will generate that revenue.
A break-even analysis is a standard part of every business plan, meaning it’s done before the business is even launched. The U.S. Department of Commerce recommends a free online calculator to figure out the break-even point.
INQD is involved in a new emerging market that will be HUGE. Who knows… any day a profit could be announced igniting blast off. For me, I’m holding and loading. This is my plan. Other investors have their own plans. I can only speak for myself. The best to all investors involved with this hot ticker. Go $INQD
Recent INQD News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/01/2023 07:35:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 01:00:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 02:46:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2023 12:10:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2023 10:02:30 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM