Money
Cost centre
A part of the business that costs money but doesn't bring any in directly: IT, HR, finance, internal platform teams.
You'll hear it as
IT's a cost centre, so every new tool needs a business case.
Why it matters to you.
Cost centres get squeezed first when budgets tighten. Showing how your work protects or earns revenue is how you stop looking like a cost.
Related terms.
Videos.
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