To calculate your net loss, you must first know which expenses are deductible. Generally, any expense that is both “ordinary and necessary” for running your farm can be deducted. An ordinary expense ...

Nothing eats into a quick-service restaurant’s profits faster than labor and food expenses, each accounting for up to 33 percent of a restaurant’s sales, according to the National Restaurant ...

Operating expenses are ongoing costs incurred from running a business that are not related to production. Basically, the day-to-day costs of operating. Any cost not related to the direct production of ...