Restaurants are businesses with high overhead costs and a high potential for waste. The two largest expense categories are labor and food and beverage. Food and beverage expenses are categorized on ...

Creating a monthly budget is an essential strategy to help you manage money and save for financial goals. To create a budget, though, you need to know what monthly expenses to factor in. Keeping track ...

Businesses make advance payments for a variety of different expenses. Any expense that is paid in advance of actually receiving the benefit of the payment is considered a prepaid expense for ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Every business has operating expenses — that is, the costs of running the business. These expenses can generally be classified in two ways: Fixed expenses and variable expenses. Understanding the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

It’s a truism in business that you must spend money to make money. Depending on your industry and structure, that might mean investing in IT and software, people, plant, machinery, office space, ...

Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past ...

What expenses can landlords claim? As a general rule, landlords can claim the expenses of running and maintaining their property, which reduces their tax bill. If the rent you charge covers services ...