There are two main categories of expenses that a business can incur: overhead and operating expenses. Operating expenses are those that a business incurs as a result of its normal operations. These ...

With today's slowing economy many business owners are searching for ways to maintain profitability. A well-defined cost reduction program can yield positive results, but requires a well-planned ...

Assets and expenses are two important accounting concepts elemental to understanding your company’s performance. While both assets and expenses have a debit balance on your business’s financial ...