What are Legacy Costs? John Spacey, updated on
 ExamplesCleaning up environmental damage at a factory site that had leaked chemicals into the ground.Funding a pension that was underfunded for decades.Payments for the debt incurred by failed or discontinued strategies.Payments for debts incurred due to financial mismanagement.Design debt such as poorly designed software and systems.
Business CostsThis is the complete list of articles we have written about business costs.If you enjoyed this page, please consider bookmarking Simplicable.
Business CostsA list of common types of business cost.Matching Principle
A principle of financial accounting.
Business CostsA list of common types of business cost.Cost Escalation
A definition of cost escalation with an example.
Cost Reduction Examples
Common examples of cost reduction.
Cost Estimates
The common types of cost estimate.
Relevant CostA definition of relevant cost with examples.Cost Structure
Detailed examples of how to map out the cost structure of a business.
Cost Competition
The definition of cost competition with examples.
Cost Goals
An overview of cost goals with examples.
Business RisksA list of common business risks.Risk TreatmentThe five things that can be done about risk.Risk MitigationA list of techniques for reducing risk.Positive RiskThe potential that you'll achieve too much of a good thing.Dread Risk
Any risk that people have a strong aversion too.
Risk vs Opportunity
The surprising similarities between risk and opportunity.
Risk Management vs Contingency Planning
The difference between risk management and contingency planning.
UncertaintyThe common types of uncertainty in decision making and strategy.Inventory Risk
The common types of inventory risk.
Business Risk Management
An overview of common business risk management techniques.
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