Outsourcing
Paying somebody else to do part of your operation.
Business A to Z
Every trade has words it uses without explaining. In business the cost of not knowing one is real: some of them are ordinary jargon and some of them are a decision that can take a house. Five hundred of them, in plain English.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
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14 terms filed under O, showing 11–14 (page 2 of 2).
O
Overdraft and revolving credit
Borrowing on demand up to a limit. Flexible, repayable on demand, and increasingly hard to get.
Overheads
Also called Fixed costs, Operating expenses, Opex
The costs that turn up whether or not you sell anything this month.
Overtrading
Growing faster than your cash can support it. The reason successful businesses fail.
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