Mastery card
I can explain Operating Expenses (OPEX)
Day-to-day spending to run the business, not buy big long-term stuff.
OPEX (operating expenses) covers selling, general, and administrative costs - salaries, marketing, rent - expensed in the period incurred.
Sticky trick
OPEX = Operating EXpenses - rent, ads, admin, not factory machines.
Take into the room
In plain English, what is Operating Expenses (OPEX)?
Or open the share card 💼
Or start your own 5-word trail from home.