Tighten belt before overhead expenses add up
from The Entrepreneurial Mind
Overhead expenses in a business can creep onto the income statement in the same way that weight sneaks up on some people. Overhead expenses are those fixed costs that happen every month whether you sell anything or not. Overhead includes staff salaries, such as bookkeepers, sales staff, supervisors and managers. It also includes expenses such as rent, loan payments, leases, cell phone bills and so forth.
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