For example, an electrician might have to factor in costs such as tools and vehicles, whereas an accountant might need to pay for computer equipment and office rent. Both businesses could also share common expenses such as insurance, staff wages, and marketing and advertising costs. Anyone in a business or organization can make expenses, but […]

Identifying and categorizing these costs is important as different purposes require different cost constructs. At Finance Strategists, we partner with financial experts to ensure the accuracy of our financial content. Finance Strategists has an advertising relationship with some of the companies included on this website. We may earn a commission when you click on a […]

There’s no good having work booked in to Christmas if you’re still waiting to be paid for projects you completed last August and don’t have the funds at hand to keep the office lights on. Unless you’ve got an in-house finance team or finance administrator, you’ll either have to handle that work yourself, or outsource […]