Profit Killers Hiding in Plain Sight
- B Keepers
- Apr 17
- 2 min read
6 Sneaky Expenses That Might Be Draining Your Business
Running a business is tough enough without money slipping through the cracks—but those cracks? They're everywhere. At BKeepers, we call them profit killers—and we help our clients track them down before they do real damage.
Here are 6 silent budget busters you might be overlooking:
1. Subscription Creep
$9.99 here, $14.99 there… and suddenly, you're funding a digital empire of services you don’t even use anymore. 😅
Hack it: Set a quarterly reminder to audit your subscriptions and cancel anything that no longer serves your business (or sparks joy, Marie Kondo-style).
2. Merchant Fees
Stripe, PayPal, Square—they all take their slice. It might seem small, but those little nibbles turn into a full bite over time.
Hack it: Build those fees into your pricing structure, and where possible, encourage ACH or direct transfers to save money.
3. Home Office Stuff You Forgot to Count
That standing desk, noise-canceling headphones, ergonomic mouse—if it supports your work-from-home grind, it could be deductible.
Hack it: Keep solid records and talk to your bookkeeper (👋 hey, that’s us!) to make sure you’re not missing out on legit deductions.
4. Mileage & Travel Expenses
That trip across town to meet a client or grab office supplies? That’s money you can claim.
Hack it: Use a mileage tracking app like MileIQ or QuickBooks’ built-in tracker. You’ll be surprised how fast those miles (and deductions) add up.
5. Tips & Gratuity
Business lunches count—but only if you track them. If you're tipping during a client meal or meeting, it qualifies.
Hack it: Jot down the who, what, and why on the receipt (or in your app) to keep the IRS smiling.
6. Annual Renewals
These are the sneakiest. A license, domain, or membership you signed up for years ago renews quietly every year.
Hack it: Use your bookkeeping software or a digital calendar to track renewal dates. Stay one step ahead.
🐝 Let’s Stop the Profit Leak Together
At BKeepers, our clients meet with us monthly to catch these sneaky expenses early. We dig into the details so you can focus on growing your business (and keeping that bottom line healthy).
💛 Want us to help you spot your hidden expenses?
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