Starting a business can be stressful because one invests a lot of money and time into the company. Every businessman looks for the time he or she breaks even. Using an excel template, one can use a model to project when the point the company will break even.
Break even point modelling can help take a little stress off the businessman because it shows the light at the end of the tunnel. Projecting the profit and comparing it to the cost of start-up can help with the break even point modelling. Knowing the date of breaking even gives one something to work towards.