Small business expenses are the costs that a business incurs in order to function and grow. They can include overhead costs like rent, utilities, insurance, office supplies, employee wages, and advertising, as well as one-time costs for new equipment and materials. Expenses should be tracked accurately and reported on financial statements, as they’re essential for proper budgeting and financial forecasting. Keeping an up-to-date list of all your small business expenses is the key to success – not only will it give you an accurate picture of your business’ financial health, but it’ll also help you make the right decisions about how to use your resources wisely.