PSA Finance & Accounting Committee: Recognize Burden and Overhead to Determine Profitability
Thursday,May 19, 2022:9:15 AM -10:15 AM
Maximizing profits is the main objective for business owners and doing it accurately significantly helps increase those odds. Recognizing burden and overhead is an important aspect of the business to measure to help increase the odds of maximizing profits. In this PSA Finance & Accounting Committee session, a panel of industry peers will share their best practices and processes for recognizing burden and overhead.
1. Identify ongoing expenses associated with operating a business
2. Recognize key differences between burden rate and overhead expenses