Operating costs are the expenses necessary to run a business or maintain assets. These costs include expenses like rent, utilities, salaries, and equipment maintenance. Operating costs are essential for day-to-day operations and are subtracted from revenue to calculate a business’s profitability.
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Correlation is an important concept that can be used to analyse data sets and assist business leaders in gaining useful insights into the relationships between business outcomes.
A virtual address is a convenient solution for businesses that need a professional address without the cost and maintenance of a physical office.
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