top of page

26 Examples of Operating Expenses (OPEX)


26 examples of operating expenses

Here are the most common examples of operating expenses (OPEX):

  1. Advertising & Marketing: The cost of promoting your business

  2. Bank Charges & Fees: Charges from your bank for wire transfers, overdrafts, and annual fees

  3. Conferences & Events: The cost of attending, hosting, or sponsoring conferences

  4. Dues & Subscriptions: Recurring fees for software & publications

  5. Insurance: The cost of insuring the business against risks (ex: Errors & Omissions, General Liability, Workers Compensation)

  6. Office Expenses: The cost associated with operating the office (ex: paper, low cost equipment)

  7. Rent & Lease: The cost of leasing or renting office space

  8. Utilities: The cost of utilities (ex: electricity, water, gas, phone)

  9. Accounting Fees: The cost associated with hiring an accountant or accounting firm to manage your finances (give us a holler!)

  10. Consulting Fees: The cost of hiring a consultant

  11. Legal Fees: The cost associated with hiring an attorney or law firm

  12. Recruiting Fees: The cost associated with recruiting new employees

  13. Salary & Wages: The cost of paying employee salaries and wages for work performed.

  14. Payroll Taxes: The cost of taxes associated with employee salaries and wages (ex: Social Security, Medicare, and unemployment)

  15. Health Insurance: The cost of providing health insurance benefits to employees

  16. Payroll Processing Fees: The cost of using a payroll processing service to manage employee paychecks and payroll tax filings

  17. Commissions Expense: The cost associated with paying a bonus to employees or contractors for sales

  18. Taxes & Licenses: The cost of various licenses and permits required to operate the business (ex: property tax, Delaware franchise tax)

  19. Lodging: the cost of temporary accommodation for business purposes (ex: hotels, airbnb)

  20. Meals & Entertainment: The cost of meals and other entertainment expenses (ex: dinner, taking clients to a sports game)

  21. Postage & Delivery: The cost of postage and delivery for business-related mail and packages.

  22. Repairs & Maintenance: The cost of maintaining and repairing business property and equipment.

  23. Bad Debts: The cost of unrecoverable debts owed to the business.

  24. Charitable Contributions: Donations to charities

  25. Freight & Shipping: The cost of shipping and transporting goods to and from the business.

  26. Training & Education: The cost of training and educational programs for employees.

What else would you add?


If you liked this post, you'll also like my course on Accounting Made Easy.



235 views

Related Posts

See All

Comments


bottom of page