Operating Expenses: A Comprehensive Guide to Business Cost Management
Examples of operating expenses include rent, equipment, inventory, marketing, payroll, accounting fees, insurance, legal fees, office supplies, maintenance, and repairs. These costs can be fixed (such as rent) or variable (like marketing budgets), and can be either tax-deductible or non-deductible. It is essential to differentiate operating expenses from capital expenditures (CapEx), which are investments in […]…