Project and site managers might not even have access to specific numbers until after a contract or project has closed. In a field like construction, it’s all too easy to lose track of the exact amounts a business spends on specific job costs, equipment repairs, budgets, bids, indirect expenses, direct expenses, and other miscellaneous needs. Some construction business owners might find themselves in a tough spot when it comes to calculating overhead. An easy way to calculate monthly overhead is to add up all of your day-to-day business expenses for a year and then divide by 12. You need to know your overhead costs to stay in control of your finances and spending. Simply put, overhead is what you pay to keep your business running. The Bottom Line for Construction Businessesįrequently Asked Questions Introduction to Overhead for Construction Businesses Mistakes to Avoid in Construction Overhead Options for Managing Construction Overhead Introduction to Overhead for Construction Businesses
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