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What are Overhead Costs? How to Distinguish and Minimize Them

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Image via unsplash Unfortunately, most businesses are seasonal. This means there are times where revenue drops dramatically but you still have necessary business expenses. The scope of this article today is to answer the question "what are overhead costs" so you can identify yours and reduce them when times are lean.   What Are Overhead Costs? So what are overhead costs? In short, overhead costs are expenses you must incur to operate your business but they do not generate any revenue for you. Businesses large and small, across all industries, have overhead costs. There is no avoiding...

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