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Sunday, 03/19/2023 1:44:20 PM

Sunday, March 19, 2023 1:44:20 PM

Post# of 44313
Food for thought using known facts.

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

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