Selling General and Administrative Expenses (SG&A) are the costs associated with running a business. They include things such as salaries, advertising and marketing, office supplies, building rent, administrative fees, and software costs. SG&A expenses can help measure a company’s efficiency in turning sales into profits. A lower SG&A figure can indicate a company is operating efficiently and cost-effectively while still keeping high-quality products or services. By understanding their current SG&A figures, businesses can better manage their expenses and plan for the future.