Month: August 2021
What is a Fixed Cost?
So many of a business’ costs fluctuate based on operations. For example, the more products you make, the more you’ll spend on materials to make them. However, there are several important costs that recur again and again, that are ever-constant. These are fixed costs: costs that don’t change with the increase or decrease of goods or services produced or sold.
Typically called overhead costs, fixed costs are part of a company’s broader business expenses. They’re important because they’re unchanging and represent the company’s short-term obligations to stay operational. If you can’t pay your monthly rent, you can’t keep the business …read more […]
Best Healthcare Stocks to Buy in 2021
Healthcare stocks are a great investment right now. Even though prices ramped up quite a bit from COVID, there’s been a small correction. This creates better buying opportunities and long-term, it looks like healthcare will continue a climbing higher.
According to the Bureau of Labor Statistics…
Employment in healthcare occupations is projected to grow 15 percent from 2019 to 2029, much faster than the average for all occupations, adding about 2.4 million new jobs.
Healthcare occupations are projected to add more jobs than any of the other occupational groups. This projected growth is mainly due to an aging population, leading to greater demand …read more […]