How To Forecast Monthly Overhead Expenses
In this 5-minute small business class online, you’ll learn how to forecast monthly overhead expenses in your small business.
Recommended Pre-Requisite Classes: None
Instructor: Jennifer Croft
Please note: You may have to raise the volume on your computer or phone to be able to clearly hear the video.
In this 5-minute, online class, you’ll learn how to forecast the monthly overhead expenses in your small business. You’ll learn the difference between “cost of goods,” (often referred to as “variable costs”) and monthly overhead expenses (often referred to as “fixed costs”). You’ll be given examples of monthly overhead expenses, such as rent, utilities, employees, phones, insurance, marketing, and more.
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Related ClassesHere are other small business classes online that relate to How To Forecast Monthly Overhead Expenses:
•How To Calculate Cost Of Goods (COG)
•How To Forecast Cash Flow
WorksheetsThe following small business worksheets will be helpful for you to use:
•Monthly Overhead Expenses – 1 month
Next StepsAfter taking this class, here are some good next steps you can take:
•Add up last month’s overhead expenses in your business.
•Forecast next month’s overhead expenses in your business.
•Look at every line item in those overhead expenses and see if, in the future, you can decrease any overhead costs.