Breakeven calculation of the company when starting a business

• Author: Guga, L.
• Position: Dept. of Management and Economic Informatics, Transilvania University of Brasov
• Pages: 41-46

Bulletin of the Transilvania University of Braşov • Vol. 6 (55) •No. 1 - 2013

Series V: Economic Sciences

BREAKEVEN CALCULATION OF

THE COMPANY WHEN

STARTING A BUSINESS

Lucian GUGA

1

Abstract: Starting a business involves planning, making key financial

decisions, completing a ser ies of legal a ctivities, hiring r eliable employees

and a fter a ll of this, the success of the new firm is deter mined by a few steps,

which every manager must take into account. One o f these steps is adopting a

company name, the calling ca rd of the business, taking into considera tion the

related tips rega rding its selection. When talking about a company, its

mission must be clear and easy to understand. Thus, the description of the

main activity and the general environment must be also present in the

business plan.

Key words: starting a business, mana ger, resour ce allocation ,

requirements, br eakeven calculation.

1 Dept. of Management and Economic Informatics, Transilvania University of Braşov.

1. Introduction

The appearance of the workplace can

define the working atmosphere, and it can

also be a key factor in determining the

clientele. The most important function in a

business is that of a manager. In this case,

the head of the company must be aware of

the requirements of the position, the

different types of managerial styles, and in

the end he must adopt a suitable one for his

company. Of course, the financial and

human resources must be taken into

account when starting a business. In the

following paper these steps are explained

and put into application through the birth

and evolution of the Wave limited liability

company.

The main objective of this paper is to

present the statistical method for

determining the threshold of profitability

of the organization.

2. Adopting the Company’s Name

The right name can sometimes make all

the difference when it comes to propelling

a business to success, rather than just

slogging on. A name is the primary calling

card of a business and the right one can

make your company the talk of the town. It

must be memorable, unique and

pronounceable.

Wave- a name that captures people’s

imagination and interest; looks and sounds

attractive; a name that triggers our

curiosity. In our opinion, a company must

possess such a characteristic in order to

have a fruitful, successful investment that

is capable to fully satisfy the customer’s

needs and fulfil the entrepreneur’s wants.

This name underlines the simplicity of

the pub’s interior design, the fluidity of the

dominant colours and the atmosphere.