Corporate overhead, if unchecked, can eat up your profits and potentially create a net loss before you realize it. Without a breakdown of your costs into production and overhead categories, you might ...
Managing overhead and other business costs is essential to a business's financial stability. Small-business owners can write better business plans and set realistic goals if they predetermine costs, ...
In business, overhead or overhead expense refers to an ongoing expense of operating a business; it is also known as an "operating expense". Examples include rent, gas, electricity, and wages. The term ...
The goal in business is not to stay in business or keep your crews busy. The goal of business is to always make a profit. According to a Construction Financial Management Association study, companies ...
Every profession has its heroes. Baseball has Babe Ruth. Literature has James Joyce. For-profit business has Peter Drucker. Bookstores and libraries offer row upon row of books, tapes, and CDs from ...
Last month, we provided an article on overhead calculation and rate. That was Overhead Rates 101. In this month’s guest column, Ken Hedlund, Somerset CPAs (somersetcpas.com), introduces a more ...
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