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In order for the deal to make financial sense for all parties, the photographer was paid a one-time royalty for the transaction, the primary company bought a single, lump-sum cost from the secondary company, and that second company was now on the hook to make some money.
With the Wolters Kluwer alliance, Fastcase beneficial properties extra ground in their quest to shut the content hole” and develop into a critical competitor to Lexis and Westlaw who’ve dominated the authorized analysis marketplace for the past 30 years.
Clearly, the goal of all businesses is to function above break-even, and the additional they are from the break-even level, the bigger the revenue is. I cannot explain learn how to calculate the break-even level as there are multiple web sites and textbooks that explain the method.
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