Expense Business is the practice of allocating funds from an organization’s budget to cover costs associated with running the business. This includes costs related to staff salaries, office space rent, equipment, and other overhead expenses such as marketing and travel for employees. When considering expenses for the business, it is important to look at the long-term benefits the costs will bring as well as any short-term gains that may be realized. By taking into account both present and future impact, companies are able to strategically plan their budgets to maximize profits and gain a competitive edge in their respective markets.