Business expenses are the costs incurred by a company to operate, maintain, and grow its operations. These costs may include office supplies, furniture, equipment, transport, legal fees, and more. Basic business expenses also include day-to-day overhead costs such as utilities, rent, payroll, taxes, insurance premiums, travel expenses, and advertising. In order to remain profitable over time, companies need to carefully monitor and manage their basic business expenses and make sure their cash flow is in line with their budget. With an understanding of these costs, businesses can better manage their financial situation and turn profits year after year.