What expense category does design come under?
There is no definitive answer to this question, as design expenses can vary greatly depending on the business and the specific project. However, some common expense categories for design include advertising, marketing, and consulting.
Advertising expenses are those that are incurred in order to promote or market a product or service. This can include traditional advertising methods such as print, television, and radio ads, as well as digital marketing methods such as online ads, SEO, and social media marketing.
Marketing expenses are those that are incurred in order to create and execute a marketing plan. This can include market research, product development, branding, and promotional activities. Marketing expenses can also include advertising, as mentioned above.
Consulting expenses are those that are incurred in order to get expert advice or assistance. This can include hiring a consultant to help with strategic planning, marketing, or product development. Consulting fees can vary greatly depending on the consultant and the scope of the project.
Other Expense Categories
Other common expense categories for design include project costs, materials, and labor. Project costs can include things like design fees, permits, and inspections. Materials can include things like paint, fabric, and furniture. Labor costs can include things like wages for designers, architects, and other professionals involved in the project.