General Operating Expenses (GOE) refer to the ongoing costs required to keep a business running. These include items such as rent, payroll costs, administrative expenses, insurance, legal fees, professional services, and other miscellaneous operating costs. GOE are critical to long-term success and represent an essential component of any budgeting process. For businesses of all sizes, GOE can be seen as a reflection of the underlying effort it takes to keep a company running – from payroll processing to risk management – and should never be overlooked when evaluating finances or making investment decisions.