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In the world of business, two common acronyms can be difficult to understand. One is CAPEX and the other OPEX. What do these terms mean? And what is their difference? In this video, we will give you a clear understanding of both concepts so you know when to use them in your future conversations with colleagues or clients! 0:45 What is Capex? 2:13 CAPEX Examples 2:29 What is Opex? 3:27 OPEX examples 5:34 Managing your capital expenditures 👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽👇🏽 💡We help students who want to become consultants understand key ideas and terminology that you actually need to know in the REAL WORLD of business. 💡 This channel is designed to make consulting simple... think of it as lifehacks for new consultants 🧠 👨🏼💻From knowing how to get into consulting and answering what is consulting... we look deeper at topics from the eyes of a consultant ranging from how to start an online business and scaling your business to explaining operations management, business strategy, business restructuring and financial terminology that is crucial to your business! 👨🏼💻 If you want NEED TO KNOW solutions for business that are actually important and not just textbook then consider subscribing for weekly videos from our background in management consulting and operations consulting. 👍🏽👍🏽👍🏽 At Simplicity Consultancy we aim to make consulting simple. 💭 🚨Subscribe here: https://bit.ly/3i3qeRT 🚨 Who are we: https://www.simplicityconsultancy.co.uk/ MY FAVOURITE GEAR: 📕 The Best for taking Smart Notes: https://geni.us/SCNotes 🎤 Voiceover Microphone: https://geni.us/SCMic 📈What I Use For Video Analytics: https://vidiq.com/simplicityconsultancy/