Break even
The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms, defines break even as: ‘The point at which a business recovers what it has spent and starts to make a profit.’
[edit] Related articles on Designing Buildings Wiki
- Bottom line.
- Cost.
- Customer.
- Direct costs.
- Indirect costs.
- Invitation to tender.
- Invoice.
- Overheaads.
- Procurement.
- Profit.
- Products.
- Services.
- Supplier.
- Supply chain.
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