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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Ep. 04: Cost Structure — Direct, Indirect, and the Space Between
Upping Your Business Game: Financial Literacy with Income|Outcome
Manage episode 486674479 series 3669503
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In this episode, we dive into the intricacies of cost structures, exploring the distinctions between direct and indirect costs, and examining the nuanced "space between" where semi-variable costs reside. Understanding these categories is crucial for accurate budgeting, pricing strategies, and overall financial health.
🔍 What You'll Learn:
- Definitions and examples of direct and indirect costs
- The impact of cost classification on profitability
- Strategies for effective cost management
- Insights into semi-variable costs and their significance
📚 Resources & Links:
- Read the full blog post: Cost Structure: Direct, Indirect, and the Space Between
- Apply the concepts: Cost Structure Analysis Exercise
📞 Connect with Us:
- Website: www.Income-outcome.com
- LinkedIn: https://www.linkedin.com/company/2113511
- Twitter: @Income_Outcome
🎧 Listen & Subscribe:
- Apple Podcasts
- Spotify
- Google Podcasts
- Stitcher
8 episodes
