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Company Expense

oboloo Glossary

Company Expense

Company Expense is any cost incurred by a business while pursuing its operations. This could include small purchases like office supplies, or bigger expenses such as legal fees and employee salaries. It’s important to keep track of company expenses in order to maximize efficiency and help the business reach its goals. To become successful, companies need to identify where their spending is going, and make sure it is being used in the most beneficial way possible. Being mindful of what qualifies as a company expense can help businesses save money and increase their profitability.

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