Administrative Expenses are the costs incurred by a business to maintain its operations and carry out its regular functions. These expenses include items such as accounting fees, clerical salaries, legal services, office supplies, facility rental and more. Administrative Expenses can also refer to any non-production related costs associated with the overall running of a business. Ultimately, Administrative Expenses help organizations stay organized and efficient while allowing them to focus on their main priorities: delivering innovative products and services and gaining competitive advantages in the market.