Business Expense

What is Business Expense?

Any cost incurred in running your business, such as rent, supplies, or marketing.

Think of it like this…

The bills your business has to pay to keep operating.

Why does it matter?

  • Essential for calculating profit and tax deductions
  • Helps track and manage spending
  • Distinguishes personal from business costs

Best practice

Keep receipts for all expenses to simplify bookkeeping and tax returns.