Mastering Excel for Business: The Complete Course!
dymanagementlab
$17.60
Basic / Excel
5.0
(5)
Mission
Mission
We are conducting a practical Excel course for workplace use. This is a fully hands-on, business-oriented Excel training.
Basic
Excel
I will explain how to conduct a break-even point analysis using Excel and financial statements. The Excel template used in the lecture is provided for free.
Reviews from Early Learners
5.0
lilica8002
I enjoyed the lecture very much. It was a lecture that allowed me to clearly understand break-even point analysis, which I had only heard about in words. Especially with the Excel materials you provided, I think we can easily conduct break-even point analysis for our company as well. It's so great that you're providing the Excel materials. After all, what remains are the materials. Thank you.
5.0
mars7
This is a great course where you can learn break-even point analysis, which I only knew in theory, using actual Excel data. It was my first time learning how to analyze break-even points using financial statements, and it's an excellent course that serves as a guide for people who find management accounting practice overwhelming!
5.0
우대일
Sounds good.
Break-even point analysis
Business Analysis
(Director Dae-young Lyu, Ph.D. in Business Administration / Certified Management Consultant (Finance))
YouTube: www.youtube.com/@dy-4714
N Blog: https://blog.naver.com/udae025
Email: daeyoung.lyu@gmail.com
I am Daeyoung Lyu, and I run 'DY Management Research Institute' on YouTube and N-Blog.
Based on my corporate experience and studies in business administration, I aim to provide practical assistance to professionals in related fields. I offer highly practical approaches that can be applied immediately across various areas, including costing, management, accounting, financial business planning, investment attraction, and general management. If you are interested in my lectures or wish to collaborate within my areas of expertise, please contact me via email!
Management/cost consulting, feasibility studies, financial business planning, management simulation, and financial projections for fundraising.
Practical Excel training, data visualization using Excel, and business efficiency through Excel. We will cut your work time in half.
I welcome requests for lectures, projects, and Q&A regarding my areas of expertise and YouTube videos.
We provide a Break-Even Point (BEP) analysis lecture and an Excel template.
This Excel template is structured as follows.
※ Composition of Break-Even Point Analysis
- Reorganizing the income statement into fixed and variable costs
- Calculation of contribution margin (ratio) by subtracting only variable costs from sales revenue
- Profit simulation based on changes in sales volume
- Identify the sales volume required to reach the break-even point
- Identify the sales volume required to achieve target profit
※ This material is recommended for the following people.
- Those who are currently experiencing a loss and are curious about the sales volume needed to reach the break-even point
- Those who are currently making a profit but are curious about the sales volume required to reach their target profit
- Those who want to maximize profits but don't know how to approach it
- Those who are preparing to start a business and want to establish a systematic business plan
Based on the company's income statement (or monthly expenses/cost items and revenue), we categorize costs into fixed and variable expenses to derive a formula that predicts profit based on revenue. Through this formula, you can determine the sales volume required to reach the break-even point and identify how much revenue is needed to achieve your target profit.
It is not a difficult task. Even small businesses and self-employed individuals, such as restaurant owners, can take a step toward visible management simply by establishing this formula. You can only make decisions when things are visible.
Please refer to the image below for more details.
Who is this course right for?
Business Manager
SME CEO
Need to know before starting?
Cost Accounting
258
Learners
31
Reviews
5
Answers
4.6
Rating
16
Courses
I am Daeyoung Ryu, and I run 'DY Management Research Institute' on YouTube and Naver Blog.
Based on my professional experience and studies, I aim to provide practical assistance to those working in related fields. I offer highly hands-on approaches that can be immediately applied across various areas, including costing, management, accounting, financial business planning, investment attraction, and overall business management.
I am here to help. I provide highly practical and immediate solutions across cost accounting, management, accounting, financial business planning, investment attraction, and overall business management.
YouTube DY Management Research Institute: www.youtube.com/@dy-4714
Naver Blog DY Management Research Institute: https://blog.naver.com/udae025
※ Areas of Expertise:
Management/cost consulting, feasibility studies, financial business planning, management simulation, and financial projections for investment attraction.
Practical Excel training, data visualization using Excel, and improving work efficiency through Excel. I will cut your working time in half.
I welcome inquiries regarding lectures, project requests, and Q&A related to my areas of expertise and YouTube videos.
Data visualization and business efficiency using Excel. I will cut your work time in half. I welcome requests for lectures, projects, and Q&A regarding my areas of expertise and YouTube videos.
All
4 lectures ∙ (23min)
Course Materials:
All
4 reviews
5.0
4 reviews
Reviews 6
∙
Average Rating 5.0
5
I enjoyed the lecture very much. It was a lecture that allowed me to clearly understand break-even point analysis, which I had only heard about in words. Especially with the Excel materials you provided, I think we can easily conduct break-even point analysis for our company as well. It's so great that you're providing the Excel materials. After all, what remains are the materials. Thank you.
Thank you very much for the good evaluation and review. I hope my lectures and materials have been helpful for your work. Thank you.
Reviews 1
∙
Average Rating 5.0
5
Sounds good.
Thank you for the positive review and comment. This course was created based on my studies and experience. I hope my course and materials are helpful in your work. Thank you.
Reviews 1
∙
Average Rating 5.0
Edited
5
The concise explanation was good, but it would have been even better if you had shown examples using actual financial statements from publicly listed companies.
Thank you so much for purchasing my lecture and leaving a comment. If you need any of my materials, please contact me via email or other means, and I will send them to you for free. Thank you.
Reviews 4
∙
Average Rating 5.0
5
This is a great course where you can learn break-even point analysis, which I only knew in theory, using actual Excel data. It was my first time learning how to analyze break-even points using financial statements, and it's an excellent course that serves as a guide for people who find management accounting practice overwhelming!
Thank you for the positive feedback and comments. Break-even point analysis is a method that allows you to perform the most powerful management analysis in management accounting simply through financial statements. If you know the Excel template and how to use it, you can apply it right away without difficulty. I hope it helps with your work. Thank you.
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