overhead

(noun)

The expense of a business not directly assigned to goods or services provided.

Related Terms

Examples of overhead in the following topics:

  • Mall Kiosks

    • Many other benefits exist, such as low overhead, small inventories, and low or non-existent CAM, tax, utility, and marketing fees, as compared to their in-line storefront counterparts, which can often have fees equal to or in excess of the rents themselves.

  • Materials Handling

    • Material handling systems range from simple pallet rack and shelving projects, to complex overhead conveyor systems and automated storage and retrieval systems (AS/RS).

  • Introduction to Lean Thinking

    • Along with a focus on made-to-order merchandise, this allowed the company to decrease its overheads and concentrate on client-oriented matters – all of which are hallmarks of lean thinking.

  • Growth through buying out other companies

    • Synergy effects and reduced or shared overheads can also be gained here.

  • General and Administrative Expenses (G&A)

  • Sample Income Statement

    • Cost of Goods Sold (COGS) / Cost of Sales: Represents the direct costs attributable to goods produced and sold by a business (manufacturing or merchandizing), including material costs, direct labour, and overhead costs.

  • Competitive advantage through human resource management

    • Third, companies save administrative overhead and the costs by reducing the alienation of their workforce and the adversarial relationship with management.

  • Cost of Goods Sold

    • All overhead directly applicable to the production process (i.e. electricity to run machines, rent for the manufacturing facility, rent for the warehouses, salaries of factory management, etc.)

  • Defining the Income Statement

    • Cost of Goods Sold (COGS) - All costs in material, labor, and overhead that are directly required for the production and/or manufacturing of a given good.

  • The sun rise of your new business and accessing market opportunity: the initial rim of the wheel

    • Commonly missed expenses include: staff time, travel and related expenses, overhead for office, payroll taxes, social security employer matching expenses (which occurs in the United States so your countries' equivalent,) unemployment payroll related expenses, marketing expenses, and the overall amount of time it takes to make a sale.