General and Administrative (G&A) expenses

General and Administrative (G&A) expenses are the indirect costs a company incurs to keep operations running smoothly, but are not tied to producing a specific product or service. These include salaries of management, office rent, utilities, administrative staff wages, legal and accounting fees, and office supplies. G&A expenses are essential for day-to-day business functions, supporting the overall organization rather than direct production activities. They are a key component in assessing a company's operational efficiency and profitability.