Training Video Breakeven Analysis
You’ve worked as a sales trainer in your company for the past ten years. You’ve decided to start your own company, producing and marketing sales training videos. You will work out of your home. Two friends experienced in sales training have agreed to partner with you. You’re excited and ready to start. The problem is you need to borrow money to jump start the business. A family member has agreed to finance you. However, before he does, he’s requested a break even analysis. You give him the following cost estimates:
Salary, annual $85,000
Through your research, you have decided to charge $250 for each video. You expect to sell 1,000 videos the first year. At that quantity, your variable costs are $60 per video. When answering the following questions, please show the calculations for your answers.
What’s the breakeven point in units – how many videos priced at $250 per unit will you need to sell the first year to break even?
If you raised your cost per video to $300 per unit, how many would you need to sell to break even? Variable costs remain the same.
How could you lower the break even point and make the business more profitable? Be specific. To write “lower the variable costs” is too vague. What costs? How much? Is this the only pot of money that can be touched?
both full and part time courses have declined drastically. Dropping by more than 60% since 2010, a very concerning problem was evident. At the start of their studies, an individual is considered a mature student if they are aged 21 or over. 22 years is the average age a student finishes their studies. Moreover, when starting their courses, mature students aged over 40 is at a low percentage of just 10%. (Butcher, 2017). It is considered that the preferred way of referring to students in today’s society is as learners. A piece of research was produced to gain knowledge and determine the main concern for adult learners when returning to higher education. The natural part of being alive is the process of learning. The learning of new skills and making new outlooks to problems is natural and essentially fulfilling (Rogers, 2001). Essential contrasts among adult and children learners include the way that most, however not all, adults may be presumed to have well-developed language and subjective capacities, which can be utilised favourably in teaching (Shaughnessy, 1977). Adults likewise, carry with them plenty of experience, which again can be developed to improve learning. Adult learners are additionally compelled to achieve specific educational outcomes, particularly those that are promptly relevant to their lives (Kerr, 1995). However, adults’ past experience may result in presumptions and thoughts that go about as a barrier to their progress (Russell, 1999). In a general way, they are likely to have anxieties and fears associated with the education settings (Schweterman & Corey, 1989). Advancement in technology, the writing >GET ANSWER