Business Expense Cheat Sheet
Business Expense Cheat Sheet
Non-exhaustive examples
Non-exhaustive examples
Critical Asset
The objective is to optimize business results. Critical Asset expenses will be anything related to the health, wellness, or growth of the designated critical human assets.
Examples include:
Health and Wellness
Therapy, gym memberships, health care premiums, healthy food, ergonomic office furniture, etc.
Recharging and De-stressing
Family retreats or spam time
Safety and Security
Rent, housing costs, or car services
Optimized Workflow
Childcare, meal services, and technology equipment
Creative input and skills
Educational classes and workshops, concerts, and entertainment events
Other
Any other expenses related to Critical Asset optimization
Critical Asset
The objective is to optimize business results. Critical Asset expenses will be anything related to the health, wellness, or growth of the designated critical human assets.
Examples include:
Health and Wellness
Therapy, gym memberships, health care premiums, healthy food, ergonomic office furniture, etc.
Recharging and De-stressing
Family retreats or spam time
Safety and Security
Rent, housing costs, or car services
Optimized Workflow
Childcare, meal services, and technology equipment
Creative input and skills
Educational classes and workshops, concerts, and entertainment events
Other
Any other expenses related to Critical Asset optimization
Brand Image
The objective is to increase brand visibility and differentiate in the marketplace. Any expenses related to that purpose will be ordinary, including the appearance of workers
Examples include:
Physical and Digital Experiences
Brand consulting services, promotional merchandise, promotional events, and digital production software
Employee Uniforms
Based on the specific industry. If dealing with people, whatever clothing is appropriate to ensure brand is represented in teh highest standard and viewed favorably within the targeted demographic
Status Enhancements
Employee grooming services, apparel and accessories, other cosmetic enhancements, and material items improving the brand’s status
Brand Image
The objective is to increase brand visibility and differentiate in the marketplace. Any expenses related to that purpose will be ordinary, including the appearance of workers
Examples include:
Physical and Digital Experiences
Brand consulting services, promotional merchandise, promotional events, and digital production software
Employee Uniforms
Based on the specific industry. If dealing with people, whatever clothing is appropriate to ensure brand is represented in teh highest standard and viewed favorably within the targeted demographic
Status Enhancements
Employee grooming services, apparel and accessories, other cosmetic enhancements, and material items improving the brand’s status
Corporate Alliances
The objective is to increase brand awareness, value, distribution and gain access to new networks to grow revenue. Any expenses related to collaboration with other Growth Corporations
Examples include:
One-Time or Recurring Promotions
The one-time or recurring financial incentives are expensed by initiating promotional agreements with other Growth Corporations
Costs Related to Collaboration
Costs incurred during the collaboration with others such as meals, materials, and service fees
Technical Equipment
Software, communication devices, and physical equipment to help facilitate the collaboration will be ordinary expenses
Corporate Alliances
The objective is to increase brand awareness, value, distribution and gain access to new networks to grow revenue. Any expenses related to collaboration with other Growth Corporations
Examples include:
One-Time or Recurring Promotions
The one-time or recurring financial incentives are expensed by initiating promotional agreements with other Growth Corporations
Costs Related to Collaboration
Costs incurred during the collaboration with others such as meals, materials, and service fees
Technical Equipment
Software, communication devices, and physical equipment to help facilitate the collaboration will be ordinary expenses
Industry Specific
The objective is to discover new revenue channels based on available resources. Once a new industry is activated, any related expense will be considered ordinary
Examples include:
Research Costs
Research and experimentation, e.g. if activating music production, expenses related to music discovery, such as genre-specific events, or music subscription services
Material and Equipment Costs
Costs related to the industry. If acting or modeling services are activated, materials such as makeup or fashion attire will be expenses
Specific skill building
Costs related to improving skills within an industry, e.g. if real estate services are activated, classes or workshops related to real estate or licensing fees will be expenses
Industry Specific
The objective is to discover new revenue channels based on available resources. Once a new industry is activated, any related expense will be considered ordinary
Examples include:
Research Costs
Research and experimentation, e.g. if activating music production, expenses related to music discovery, such as genre-specific events, or music subscription services
Material and Equipment Costs
Costs related to the industry. If acting or modeling services are activated, materials such as makeup or fashion attire will be expenses
Specific skill building
Costs related to improving skills within an industry, e.g. if real estate services are activated, classes or workshops related to real estate or licensing fees will be expenses
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Lifestyle Creations Inc. is not a law or financial firm. We do not provide legal or financial services or advice. We provide self-help technology tools for your convenience.
hello@lifestyle.game
(800) 363-3082
68 Jay St. Suite 201
Brooklyn, NY 11201
LIFESTYLE
Lifestyle Creations Inc. is not a law or financial firm. We do not provide legal or financial services or advice. We provide self-help technology tools for your convenience.
hello@lifestyle.game
(800) 363-3082
68 Jay St. Suite 201
Brooklyn, NY 11201
LIFESTYLE