An expense analysis is the process of strategically reviewing your business expenses and taking the time to audit and review each of them. It’s important to perform a proper expense analysis at least quarterly in order to ensure all your expenses are correct and up-to-date.
Think this is something you can skip or get away with performing annually?
Think again.
Let me share five stories of how an expenses analysis saved a business money or cleaned up the business books so that everything was running smoothly. But first, let me share some backstory.