Business Expenses(Clothing Retailer) Tip!: Read all the fields before answering. Business Name Owner * First Name Last Name Email * Tax Year * Inventory Cost of Goods Sold (COGS) This is a clothing retailer's primary expense. It represents the wholesale cost of all clothing purchased for resale. $ Marketing and Advertising Website and Online Advertising Costs associated with maintaining a retail website and online advertising platforms. $ Print Advertising Expenses for ads in magazines, newspapers, or flyers. $ Signage and Displays Costs of in-store signage, window displays, and promotional materials. $ Business Operations Rent or Lease The monthly rent or lease payment for the retail store. $ Utilities Expenses for utilities like electricity, water, and trash removal. $ Salaries and Wages Salaries paid to salespeople, cashiers, and other employees. $ Employee Benefits Employer contributions to health insurance, social security, and other employee benefits $ Office Supplies Costs of office supplies like printer ink, paper, and point-of-sale system supplies. $ Insurance Business insurance premiums, including property, liability, and product liability insurance. $ Professional Fees Payments to accountants, lawyers, or other professionals $ Taxes and Licenses Costs of business licenses, sales tax permits, and any applicable sales taxes. $ Other Expenses Credit Card Processing Fees Fees paid to credit card companies for processing customer transactions. $ Travel and Meals Expenses for travel to clothing trade shows or vendor meetings (with limitations). $ Telephone and Internet Costs of phone and internet service for the store $ Packaging and Shipping Supplies Costs of shopping bags, boxes, tissue paper, and other packaging materials. $ Store Security Costs of security cameras, alarms, and security guard services. $ Thank you! Please mark the task/request as complete.