As you prepare your yearly and monthly expense sheets, it's crucial to include a comprehensive list of admin expenses. Here is a breakdown of common admin expenses that you may consider including:
- Rent for office space
- Utilities (electricity, water, internet, etc.)
- Office supplies
- Salaries and benefits for administrative staff
- Insurance premiums
- Maintenance and repairs
- Depreciation of office equipment
- Communication expenses
- Legal and professional fees
- Travel and entertainment expenses
- Training and development costs
By categorizing your admin expenses and tracking them diligently, you can effectively manage your budget and optimize your financial resources.