Facilities that focus on manufacturing and production track two kinds of costs: fixed costs and variable costs. The variable costs are those that change when production levels change: raw materials, ...

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

No small business can survive without knowing exactly where money goes or knowing whether or not expenditures and investments pay off in the long run. This makes budgeting one of the cornerstones of ...

Budgeting is the process of working out what you expect your business to earn and spend in a given period. The budget helps you plan and control your business spending, and it gives you a tool for ...

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 ...