Restaurants are businesses with high overhead costs and a high potential for waste. The two largest expense categories are labor and food and beverage. Food and beverage expenses are categorized on ...

Welcome, this is LLoyd Lofton. Today, we're going to go through some examples of semi fixed expenses in the hotel industry. You know, a fixed expense would be something like cost of land, if they ...

Fixed expenses are easier to plan around because they stay the same from one month to the next. Variable expenses, on the other hand, are less predictable. Understanding both types and how they impact ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

As you work to create a budget, it’s important to understand how fixed and variable expenses will impact your bottom line. David McMillin writes about credit cards, mortgages, banking, taxes and ...

Running a business is about more than selling goods or services. Business operations depend on a host of support—from the facilities the business occupies to the employees who keep it running. These ...

A major part of budgeting is projecting fixed expenses versus variable expenses. The fixed ones are often much simpler to plan for because they will change less frequently and often the merchant ...

All the expenses your business deducts must be “ordinary and necessary,” according to the IRS. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

There are two main variables that will determine the profitability of your business: the revenue you have going in and the expenses you have going out. If you can retain control of these two variables ...

Agency costs are internal costs that arise from an agent who acts on behalf of a principal in some situations.

Depreciation expense can be a big portion of a company’s total expense. And since expenses decrease income, it affects the overall value of a company. Understanding what it is and the methods can help ...