Administrative overhead refers to indirect costs tied to general management, like office supplies, salaries of support staff, and utilities. It ensures smooth daily operations, enabling core business functions to run efficiently. Companies and nonprofits use it to maintain compliance and productivity. Ultimately, employees, managers, and stakeholders benefit from the streamlined processes and organizational stability it provides.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends