Running a business costs money. “You gotta spend money to make money,” the old adage goes. That’s why our businesses have operating expenses and budgets. It’s the money that keeps the ship running, and makes sure that everyone gets paid.
But maintaining control of your business operating expenses can be easier said than done. Business costs, just like our personal costs, can creep up over time, and we often claim expenses as ‘growth’ or ‘marketing’, even when they don’t quite justify it.