Overhead Costs

Overhead costs are expenses that are discussed during budget and financial meetings. These costs represent the indirect expenses associated with running a business or organization, such as rent, utilities, administrative salaries, and office supplies. In financial meetings, overhead costs are analyzed, budgeted, and managed to ensure that they are optimized and do not excessively burden the organization’s financial resources. Effective management of overhead costs is critical for maintaining financial stability and efficiency within an organization.