Business expenses are costs that a company incurs in order to operate and generate income. This can include anything from materials and supplies, to marketing costs and employee salaries—essentially, any expense related to running the business. For small businesses, these expenses are especially important because they can mean the difference between making a profit or losing money. When done responsibly, business expenses can help owners achieve their goals and propel their business forward. However, it’s essential to stay on top of them, so you don’t miss out on deductions or end up paying more than you need to. By setting aside time each month to track your expenses, you’ll be sure to keep a close eye on your bottom line.