Operating costs are the expenses necessary to run a business or maintain assets. These costs include expenses like rent, utilities, salaries, and equipment maintenance. Operating costs are essential for day-to-day operations and are subtracted from revenue to calculate a business’s profitability.
This piece has been reproduced from an article featured in Business Spectator, by Australian business commentator, Alan Kohler.
Do you know what your customers really think about your company, products, or services?
Although plenty of entrepreneurs have succeeded without mentors, it’s always easier having a helping hand.
It’s perfectly reasonable to expect high performance levels from your staff, but you’ll find it’s much easier to achieve this goal if you also work hard to boost employee engagement.
In today’s modern working environment where flexibility is key, there are a range of working environments to choose from, including serviced and virtual offices.
Below are a few ways businesses can enhance their employees and business work ethic to build a robust workforce.
What exactly does this new hybrid workspace actually mean for the future of office spaces?
Once you’ve made the decision to start your own company, you’ll find that financing is one of the most difficult obstacles an entrepreneur has to overcome.
