Running costs

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  • Running Costs.
    • Child-minder - Food, gas, electricity, maintenance, bills
    • Guitar Tutor - Petrol, taxes-income tax, NICS (national insurance contribution.
  • Also known as operation costs. Running costs are the day to day costs associated with operation a business
    • Running Costs.
      • Child-minder - Food, gas, electricity, maintenance, bills
      • Guitar Tutor - Petrol, taxes-income tax, NICS (national insurance contribution.
  • Example.
    • For a sandwhich delivery these might include the cost of petrol, payment for sandwhiches and other raw materials
      • Example.
      • The payments to staff as well as overheads such as electricity and business rates.
        • For a sandwhich delivery these might include the cost of petrol, payment for sandwhiches and other raw materials

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