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

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, ...

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 ...

The 11 most profitable businesses with low overhead might be the chance you have been looking for. Why pull on your hair and spend all those sleepless nights trying to make something more out of your ...

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 ...

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 ...