Discover the key types of operating expenses, including fixed and variable costs, and learn how they impact a business's bottom line.

Being able to survive and thrive as a business owner has as much to do with managing costs as it does with generating revenue. Like the chief financial officer of any company, you have to be concerned ...

As you work to create a budget, it’s important to understand how fixed and variable expenses will impact your bottom line. David McMillin writes about credit cards, mortgages, banking, taxes and ...

Cost structures (the ratio of fixed to variable costs) vary across and within industries. Hospital managers and policymakers can make better decisions when they under-stand cost structures, including ...

Discover what avoidable costs are, how they benefit businesses, and real-world examples of strategies to minimize expenses and boost financial flexibility.

Why does operational complexity increase hidden fixed costs in mining? Learn how infrastructure, labor, and compliance turn ...

With a fixed-rate mortgage, your interest rate and payments won’t change during your mortgage term. But they might if you opt for a variable-rate mortgage. Many or all of the products on this page are ...

Choosing between a fixed-rate and variable-rate loan can affect how much you pay over time and how easily you can budget each month. Fixed-rate loans offer predictable monthly payments and protection ...

If you haven’t switched energy providers in two or three years, or have never done so, you will be on a standard variable rate “default” tariff that is highly likely to be more expensive when compared ...

Homeowners looking for some extra cash have access to an incredibly valuable resource: their home's equity. Whether you're looking to start home repairs or renovations that can increase the value of ...

As you look toward retirement, you may consider different strategies to ensure a steady stream of income. Annuities are one way to accomplish that goal. These financial products usually require you to ...

Budgeting, quite simply, is the act of spending your money efficiently. The importance of budgeting cannot be overemphasized, and whether you’re looking at your individual finances or running a ...