Planning and Budgeting for Capital Expenditures
Investing money back into your business is an important way to support its long-term success. To keep your business running efficiently, help your team work productively, and accommodate greater customer demand, it’s often necessary to invest in fixed assets like new facilities, facility upgrades, vehicles, or equipment. Capital Expenditures vs. Operating Expenditures Business costs are usually categorized either as capital expenditures (CapEx) or…