Business expenses are the ordinary and necessary costs required to run a business. Any money spent in the name of doing business can be categorized as a business expense. Every company incurs expenses ...

Discover the key types of operating expenses, including fixed and variable costs, and learn how they impact a business's bottom line.

All the expenses your business deducts must be “ordinary and necessary,” according to the IRS. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Discover what avoidable costs are, how they benefit businesses, and real-world examples of strategies to minimize expenses and boost financial flexibility.

Running a business is about more than selling goods or services. Business operations depend on a host of support—from the facilities the business occupies to the employees who keep it running. These ...

For a lot of business owners, the appeal of luxury items—whether it's a brand-new sports car, first-class travel or high-end office furniture—is undeniable. But can treating yourself to luxury items ...

Fixed expenses are easier to plan around because they stay the same from one month to the next. Variable expenses, on the other hand, are less predictable. Understanding both types and how they impact ...

Joseph, Director at Wise Business Plans, has overseen 15K written business plans, raising over $1Bn in funding in more than 400 industries. As you create your financial projections for your business ...

If your property is damaged and you can't operate your business, this type of insurance can help with expenses. Many, or all, of the products featured on this page are from our advertising partners ...