26 Examples of Operating Expenses (OPEX)
Here are the most common examples of operating expenses (OPEX):
Advertising & Marketing: The cost of promoting your business
Bank Charges & Fees: Charges from your bank for wire transfers, overdrafts, and annual fees
Conferences & Events: The cost of attending, hosting, or sponsoring conferences
Dues & Subscriptions: Recurring fees for software & publications
Insurance: The cost of insuring the business against risks (ex: Errors & Omissions, General Liability, Workers Compensation)
Office Expenses: The cost associated with operating the office (ex: paper, low cost equipment)
Rent & Lease: The cost of leasing or renting office space
Utilities: The cost of utilities (ex: electricity, water, gas, phone)
Accounting Fees: The cost associated with hiring an accountant or accounting firm to manage your finances (give us a holler!)
Consulting Fees: The cost of hiring a consultant
Legal Fees: The cost associated with hiring an attorney or law firm
Recruiting Fees: The cost associated with recruiting new employees
Salary & Wages: The cost of paying employee salaries and wages for work performed.
Payroll Taxes: The cost of taxes associated with employee salaries and wages (ex: Social Security, Medicare, and unemployment)
Health Insurance: The cost of providing health insurance benefits to employees
Payroll Processing Fees: The cost of using a payroll processing service to manage employee paychecks and payroll tax filings
Commissions Expense: The cost associated with paying a bonus to employees or contractors for sales
Taxes & Licenses: The cost of various licenses and permits required to operate the business (ex: property tax, Delaware franchise tax)
Lodging: the cost of temporary accommodation for business purposes (ex: hotels, airbnb)
Meals & Entertainment: The cost of meals and other entertainment expenses (ex: dinner, taking clients to a sports game)
Postage & Delivery: The cost of postage and delivery for business-related mail and packages.
Repairs & Maintenance: The cost of maintaining and repairing business property and equipment.
Bad Debts: The cost of unrecoverable debts owed to the business.
Charitable Contributions: Donations to charities
Freight & Shipping: The cost of shipping and transporting goods to and from the business.
Training & Education: The cost of training and educational programs for employees.
What else would you add?
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