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, ...

Learn how to calculate the overhead ratio, a key metric for understanding business cost efficiency by comparing operating expenses to income. Discover its importance.

Companies can categorize their expenses into two categories: direct expenses and indirect expenses. Direct expenses are those that contribute directly to the product or service. The American Heritage ...

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 ...

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 ...