When figuring costs of doing business, it is vital that you have a formula to figure business overhead. Each business will have a different set of overhead costs, so there really is no "one size fits all" equation. However, all business will have overhead, so once you figure that, you will be able to more accurately price your product or service. Accurate record keeping is another essential
. when figuring overhead, so be sure to keep those receipts! For more information and a worksheet on how to calculate business overhead, go here: http://www.missouribusiness.net/docs/calculate_overhead.pdf