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[Music] one question that comes up in our business quite often is what are fixed expenses fixed expenses are those costs inside our business that do not change they fluctuate slightly but theyre not completely dependent on revenue to change from month to month so a really good example of a fixed cost would be you know a membership subscription to maybe our our crm platform rent expense insurance items that stay consistent from month to month uh and dont change when our revenue fluctuates why is it important to understand what our fixed costs are because when we think of a business and we think of you know cost cutting what were really thinking of is what our fixed expenses are and eliminating those that arent driving higher financial performance in our business ill give you an example of myself uh in my business one item that we have is we have two crm platforms we use in infusionsoft and activecampaign and we do not need to right so we have two fixed costs that happen every sing