Running a business is about more than selling goods or services. Business operations depend on a host of support—from the facilities the business occupies to the employees who keep it running. These ...

Knowing your monthly operating expenses is crucial to managing your cash flow and budget. Operating expenses are costs that happen regularly, such as rent, utilities and payroll. They could also ...

Restaurants are businesses with high overhead costs and a high potential for waste. The two largest expense categories are labor and food and beverage. Food and beverage expenses are categorized on ...

Opinions expressed by Entrepreneur contributors are their own. Virtually every business has ongoing operating costs. And while it may be possible to keep your costs low by working virtually, this ...

Because so many variables are involved, controlling transportation costs is a most challenging task. However, as was demonstrated in the Driving Down Because so many variables are involved, ...

Learn about rent expenses, including definitions, components, and impacts on businesses. Explore different lease types and tax implications for informed decision-making.

In the current economic climate, businesses must be flexible to survive and thrive. That’s why owners are looking for ways to improve their profitability. The simplest method is reducing operational ...

Operational restructuring is an exercise that aims to reorganize a company’s operations, such as manufacturing, marketing, servicing, distribution, warehousing, etc., to improve efficiency and reduce ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Katrina Ávila Munichiello is an experienced editor, writer, fact ...