It was not only a lack of expertise and high overheads that hindered the business.

BBC: Remploy factory re-opens as social enterprise

Councillors will be told the collapse of the existing union was due to high-levels of bad debts on loans made to members, high overheads and an over dependence on non-recurring grants.

BBC: North Yorkshire Credit Union collapses

Investors find them as safe and as liquid as bank deposits, but they pay a higher return, partly because mutual funds are not burdened by the high overheads that banks bear.

ECONOMIST: Paying dividends

Their overheads were so low and their capitalization so high that they had the money to flood every media channel, from Super Bowl ads to driveable billboards, with their promotions.

FORBES: A Season For Surprises