Asset 2019-05-18 08:00:00

Asset

An asset is a resource owned by an individual, corporation or country that controls the item with the expectation that it will produce a benefit or cash flow in the future. Assets are typically reported on a firm’s balance sheet and are bought or created to increase a firm’s value or enhance a firm’s operations.

An asset is an item, process or agreement that will generate future cash flows, reduce expenses, benefit sales volumes as a product or a service. An asset is an economic resource for a company that can be used or limited by the owner of the asset.

 


Download The Guidebook To IPWM

Another Way To Own Investment Properties

Learn More About How Investment Property Wealth Management works.