What are overheads?

What are overheads?

David Weller (Co -author Teach Yourself: Setting Up A Small Business) gives expert video advice on: What is meant by cash flow?; What are overheads?; What is the difference between fixed assets and current assets? and more...

The term 'overheads' relates to items that cost the business money but which are essential for its operation, for example rent, rates, light, heating, that sort of thing.