An average new bank branch today reaches the break-even point in:
A)12 months.
B)18 months.
C)24 months.
D)5 years.
E)10 years.

Name: An average new bank branch today reaches the break-even point in: A)12 months. B)18 months. C)24 months. D)5 years. E)10 years.
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Question

Quizplus · Accepted Answer

According to industry standards and data, an average new bank branch usually takes around 18 months to reach the break-even point, where the costs of opening and operating the branch are recouped by the revenue generated.

An Average New Bank Branch Today Reaches the Break-Even Point