Make the Smartest Choices for Your Dallas Business
CapEx and OpEx—what is the difference? Well, that distinction can make quite an impact on your business’s taxes.
Capital expenditure (CapEx) are funds your business uses to acquire, upgrade, and maintain physical assets, which could include updating property, landscaping, technology, or equipment. Operational expenditures (OpEx), however, are non-investment purchases that are related to recurring daily operations. For example, OpEx could cover rent, payroll, office supplies, marketing expenses, or transportation.
So how does a business decide where to allocate CapEx funds? If you’re reading this article, you may be trying to decide if technology upgrades will be effective and financially feasible. In this article, we share how Dallas, TX businesses can use their CapEx funds more effectively.
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