What Are Capital and Revenue Expenses?

Ever wondered what makes up your business costs?

In this video, you'll learn all about capital expenses and revenue expenses through clear examples. Find out the importance of capital expenses and revenue expenses for your business and the key differences between them.

Capital expenses and revenue expenses are not just terms from your accounting book, they are the backbone of your business finances. I break down these expenses to show you how they directly influence your profit, what a profit and loss account is, and how to calculate profit.

00:00 Intro
01:24 What are capital expenses?
03:51 What are revenue expenses?
05:27 Why do they matter to you?
06:19 The key thing to note when it comes to profit
08:15 Outro

Tune in to boost your business knowledge and make smarter decisions to manage capital expenses, manage revenue expenses effectively, and maximise profit.

Access your free 7-day trial of your online cash flow and financial planning tool BudgetWhizzⓇ. Help you get to grips with your business finances https://numbersknowhow.co.uk/small-bu...

Business Finance Coach, Storyteller and Accountant helping ambitious business owners develop and deliver their financial stories worldwide so that you make more money, increase your financial understanding, reduce your stress and anxiety. Author of I Hate Numbers https://www.ihatenumbers.co.uk/i-hate...
| Podcast, I Hate Numbers | Ac| Tax|