Explanation
Operating expenses include:
- Rent and utilities
- Salaries and wages
- Insurance
- Office supplies
- Marketing and advertising
Controlling operating expenses is critical for maintaining profitability.
Practical Example of Operating Expenses
A software company paying £3,000 monthly for office rent and £15,000 for employee salaries records these as operating expenses.
How Bizcap Can Help:
If operating expenses are putting pressure on your cash flow, Bizcap offers funding solutions to cover day-to-day costs while you focus on growing revenue.