Operating as small business owners, independent contractors are responsible for not only producing quality work for clients, but also completing bookkeeping, marketing and administrative tasks to ...

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

Last month, we provided an article on overhead calculation and rate. That was Overhead Rates 101. In this month’s guest column, Ken Hedlund, Somerset CPAs (somersetcpas.com), introduces a more ...

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 ...

The overhead ratio measures how much of a company's total revenue is spent on indirect costs. This metric is useful for identifying areas where costs can be reduced to improve profitability. Analyzing ...

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