How can you analyze expenses?

Reviewing expenses is a great way to use your financial statements to increase profits. Specifically, viewing your expenses in different ways can help identify areas that a business can improve upon. For example, looking at them as a percent of sales can help you identify if the expenses are fixed or variable. Another way to monitor expenses is to look at them as a percent of total expense. This is a great way to identify the larger categories that you can maybe chip away at easier and see an impact faster. For more information you can visit http://www.eagleeyebookkeepingservicesllc.com/financial-analysis

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