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

Being able to survive and thrive as a business owner has as much to do with managing costs as it does with generating revenue. Like the chief financial officer of any company, you have to be concerned ...

QUESTION: Michael in New York currently has a $70,000 mortgage over 5.75% and a home equity line of credit at 2.25% with a variable rate. He wants to know if he should pay off the home with the equity ...

Cost structures (the ratio of fixed to variable costs) vary across and within industries. Hospital managers and policymakers can make better decisions when they under-stand cost structures, including ...

An aerial drone photo over the fields and dirt road lanes in the fields during the golden light of the morning. Rural residents in the U.S. face much greater challenges in accessing healthcare than ...

Sunk costs are unrecoverable and should not influence future spending decisions. Not all fixed costs are sunk; some can be recouped, like equipment resale. Sunk costs can result from both everyday ...

Over the years, I’ve seen leaders wrestle with the hidden impact of complexity on their businesses. They suspect it’s there, slowing everything down and piling on costs, but figuring out where it’s ...