SG&A explanation, SG&A benchmarking, and SG&A improvement. SG&A = Selling, General and Administrative expenses. What are SG&A expenses? How to calculate SG&A? What is the “right” SG&A ratio? How much do world-class companies like Boeing (NYSE: BA), GE (NYSE: GE), LVMH (EPA: MC), and Tesla (NASDAQ: TSLA) spend on SG&A, and how have those companies been able to drive significant cost reductions? What is the difference between SG&A and COGS? What are the SG&A expense levels by industry? Find out in this Finance Storyteller video!

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Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!