Overhead (business)

In business, overhead or overhead expense refers to an ongoing expense of operating a business; it is also known as an "operating expense". Overheads are the expenditure which cannot be conveniently traced to or identified with any particular cost unit. Therefore, overheads cannot be immediately associated with the products or services being offered, thus do not directly generate profits. However, overheads are still vital to business operations as they provide critical support for the business to carry out profit making activities. For example, overhead costs such as the rent for a factory allows workers to manufacture products which can then be sold for a profit. Such expenses are incurred for output generally and not for particular work order e.g., wages paid to watch and ward staff, heating and lighting expenses of factory etc. Overheads are also very important cost element along with direct materials and direct labor.

Overheads are often related to accounting concepts such as fixed costs and indirect costs.

Business

A business, also known as an enterprise, agency or a firm, is an entity involved in the provision of goods and/or services to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be social not-for-profit enterprises or state-owned public enterprises targeted for specific social and economic objectives. A business owned by multiple individuals may be formed as an incorporated company or jointly organised as a partnership. Countries have different laws that may ascribe different rights to the various business entities.

Business can refer to a particular organization or to an entire market sector, e.g. "the music business". Compound forms such as agribusiness represent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services. The goal is for sales to be more than expenditures resulting in a profit.

Business (disambiguation)

A business is an organization involved in the trade of goods, services, or both, with consumers.

Business may also refer to:

  • the business sector - the combined activity of all company-based trading and industrial activity in an economy
  • trade, the transfer of the ownership of goods or services from one person or entity to another in exchange for other goods or services or for money
  • Business (EP), an EP by Jet Lag Gemini
  • Business (newspaper), a weekly business newspaper in Ukraine
  • "Business" (song), a single by Eminem
  • business class on airlines
  • business route, a type of highway in North America
  • A group of ferrets
  • See also

  • The Business (disambiguation)
  • Business as usual (disambiguation)
  • Business (TV channel)

    Business (later – Ukrainian Business Channel, UBC) – first Ukrainian specialized TV channel for business-community. Established in 2007.

    History

  • June 27, 2007 – TV channel was licensed.
  • September 1, 2007 – began working under the name UBC.
  • November 18, 2008 – CEO of TV channel appointed Olexandr Salomakha.
  • November 22, 2009 – first program in English.
  • 2011 – 30% of TV channel bought the Ukrainian Business Group. Fired 40 employees.
  • December 26, 2011 – UBC changed its name to Business.
  • Audience

    Main audience – business people. Currently TV channel has an audience of over two million potential viewers of cable and satellite network in the capital and throughout Ukraine.

    External links

  • Official site
  • On the Radio «Chanson» and channel UBC changed owners(Ukrainian)
  • Podcasts:

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    Latest News for: overhead business

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    Crime Watch — Vol. 16, No. 8

    White Rock Lake Weekly 20 Feb 2025
    February 11 — 9 a.m. 7000 Block Fair Oaks Ave. (75231) ... February 11 — 9.56 a.m ... An unknown suspect made forced entry through the business’ overhead door and stole unknown property ... The suspect intentionally damaged a business’ glass door by kicking it in.
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    Why Fast Residential Proxies Are the Best Choice for E-commerce Businesses

    North Forty News 20 Feb 2025
    That alone can make or break your business, particularly in today’s high-stakes e-commerce landscape ... With all this robust infrastructure, your e-commerce business can run high-performance operations without the burden of building it as overhead.
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    15 Ways To Streamline Your Online Business

    Cascade Business News 20 Feb 2025
    Ways To Streamline Your Online Business ... The best starting point to help organise your business is through automation ... Efficient customer support helps a company retain customer satisfaction and reduces unnecessary operational overhead.
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    Bookkeeping Companies in USA: Revolutionizing Financial Management for Small Businesses

    GetNews 19 Feb 2025
    Outsourcing these services offers access to professional skills without the overhead costs of maintaining an in-house team, enabling business owners to focus on strategic growth and stay competitive in a rapidly changing market.
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    Bookkeeping Help for Small Businesses in Florida Key to Growth and Regulatory Compliance

    GetNews 19 Feb 2025
    "bookkeeping help for small businesses in Florida (USA)". As Florida’s small businesses face increasing regulatory and financial pressures, professional bookkeeping services are essential for growth and compliance.
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    Inside the mile-long factory line where America's F-35 stealth fighter jets are made

    Business Insider 19 Feb 2025
    Madelyn BrownLockheed Martin's F-35 Lightning II is one of the world's most advanced fighter jets.Business Insider toured a facility where the stealth jet is made.The production line in Fort Worth, Texas, is cranking out over 150 aircraft a year.
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    Parcel: Bahrain’s Leading Digital Logistics Platform Expands to Riyadh

    bizbahrain 18 Feb 2025
    By entering Riyadh, we’re taking the first step in sharing our vision with the region, providing businesses with the tools to streamline their operations, reduce overheads, and enhance customer satisfaction.”.
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    3 key features of Postman’s AI Agent Builder

    InfoWorld 17 Feb 2025
    ... and built-in data visualization and reporting, enabling teams to quickly tailor workflows to specific business requirements, reduce development overhead, and deliver actionable insights faster.
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    Best Outsource Bookkeeping for Accountants in California Gains Popularity Among Small Business Supporters

    GetNews 17 Feb 2025
    Small and startup businesses in California face financial challenges that demand accurate bookkeeping ... By outsourcing, accountants can offer businesses professional bookkeeping support without the burden of additional overhead expenses.
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    Laughing shoplifters, drugs, and prostitution: How district in Leeds became one of the worst places ...

    The Daily Mail 16 Feb 2025
    'We keep our prices as low as we can, where we can, but you've got a business, you've got your overheads, you've got your wages, you've got your suppliers to pay.' ... Locals say businesses have closed to be replaced by chicken shops and phone stores.
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    Capping National Institutes of Health overhead costs benefits the taxpayer | Opinion

    Leaf Chronicle 15 Feb 2025
    University research overhead costs are simply a lot ... The American Red Cross proudly operates with roughly 10% overhead ... As a general rule, businesses with over 35% overhead rates struggle to stay afloat, and the old NIH grant system pushes that line.
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    Expert Clarifies: Is Bitcoin Still Legal Tender In El Salvador?

    Bitcoinist 15 Feb 2025
    ... employs the word “currency” and makes BTC optional for businesses ... Mow worries that once Chivo is unwound, businesses could face higher overhead if they choose to integrate another wallet system.
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    Police using drones for Chinese security at Balakot

    Dawn 14 Feb 2025
    “If people coming for shopping cannot move freely because of encroachments, how can our businesses flourish and how can we manage our domestic and overhead expenses” Mr Awan questioned.
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    ‘No one wants to pay $25 for breakfast’: US restaurants are cracking under inflation

    The Observer 14 Feb 2025
    But that’s a tricky feat for businesses that have staked their reputations on specific dishes ... Some businesses cut hours or use lower-quality ingredients to deal with higher overhead, such as labor and rent.
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    Legislative panel supports higher age for lottery tickets, more video lottery machines per business

    The Daily Republic 13 Feb 2025
    The state and business owners split income from the video lottery machines in half, but the business owners are responsible for machine upkeep, employing staff to monitor the machines, overhead expenses and more.
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