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.
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.
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.
This piece has been reproduced from an article featured in Business Spectator, by Australian business commentator, Alan Kohler.
Below are a few ways businesses can enhance their employees and business work ethic to build a robust workforce.
Coronavirus has seen remote and hybrid work models put in place to meet health regulation requirements.
Despite claims to the contrary, and a rise in business confidence, many businesses are still feeling the effects of the GFC, with all its attendant after-effects.
Do you know what your customers really think about your company, products, or services?
Small businesses don't need to spend big to market their brands successfully.
