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Business Operating Expenses

oboloo Glossary

Business Operating Expenses

Business Operating Expenses are the costs incurred in running your business. These include overhead costs such as rent, utilities, insurance, and other similar expenses that are necessary to keep the business operating smoothly. They also cover additional costs such as advertising, marketing, research and development, and travel. They can also be used to cover salaries and wages for personnel, materials needed for production or service delivery, and any other costs related to running a business. In essence, these expenses help businesses maintain their operations to ensure productivity and growth.

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