Fixed vs Variable Costs
Cash flow management is always an important part of business success, but it is even more important to stay on top of during the current times that we are in. Where you can cut down to save money, you should. Many businesses take on fixed costs when starting out, which could put a lot of pressure on the business. What are fixed costs?
Fixed costs are the types of costs incurred in your business where the costs are going to be incurred no matter what level of production or s