What is Overhead?
Overhead. The ongoing cost of running the business that isn't tied to one job — vehicles, insurance, office, software, advertising, and admin time.
Why it matters to your pricing
Every job has to carry a slice of overhead or your 'profit' is really unfunded cost. Recover it through your rate or markup.
This is a general educational definition, not financial or legal advice. Confirm anything regulated with your accountant or state board.