Every business has operating expenses — that is, the costs of running the business. These expenses can generally be classified in two ways: Fixed expenses and variable expenses. Understanding the ...

courtneyk / Getty Images Fixed costs are expenses that remain the same no matter how much a company produces, such as rent, property tax, insurance, and depreciation. Variable costs are any ...

Witthaya Prasongsin / Getty Images Fixed costs and variable costs are the two major inputs used by a company's management team to determine budgets and control expenses in relation to revenues.

Reviewed by Andy Smith Fact checked by Yarilet Perez The total cost of a business is composed of fixed costs and variable ...

Looking at your accounts will help you identify your spending patterns. Your spending will consist of both fixed expenses and variable expenses. Fixed expenses are less likely to change from month ...

The importance of budgeting cannot be overemphasized, and whether you’re looking at your individual finances or running a ...