What is ‘Non-core’ expenditure?
• This is the spend on all of those items and services essential to the running of your business, but which are not core inputs to your main output. • In accountancy terms these are the indirect costs. • Whilst there will be some variance in what is ‘non-core’ from business to business, many are common across most industry sectors (the most noticeable difference being between manufacturing and service businesses) Typical non-core examples…
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