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if youamp;#39;ve been following Along on our financial Basics series you will know we are on part nine and then if you havenamp;#39;t go back and check all the other parts because weamp;#39;re breaking down what is the balance sheet and the different parts of the balance sheet and what is on the p l and we are on part nine and today weamp;#39;re going to talk about operating expenses so operating expenses also called selling General and administrative expenses SG a those two things are pretty um synonymous overall uh operating expenses are anything in your business that youamp;#39;re spending in order to just run the operations and what I mean by operations is I mean the day in day out what are the things that you need in order to do your business you have business licenses you have software that you need you might have some rent you have wages that you pay to your employees all of these things that youamp;#39;re just spending on a daily basis to run the business are called opera
