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What role do assets play in business profitability?

What role do assets play in business profitability?


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49 helpful answers

"LEARNING is fundamental!"

God, Country, Self..in that order.

VISION, Change and Education=PROGRESS

George T,

Your assets are the framework/skeleton that supports your business structure to provide stability for expansion and growth of your business.  Without assets, you have no support and your business will crumble, falling to the ground in pieces.

Blessings,

~ nmpb ~ 

Posted 2009-10-15T21:49:11Z
nomorepbreaks was invited by Yedda to answer this question.

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Thank you so much. Cheers, G. T.

 

More to "nomorepbreaks" info. Assets, beside being the "framework/skeleton that supports your business structure" if they are depreciatable they may be the difference at tax time, depending on what kind of equipment/assets, you can depreciate part of their value on a yearly basis depending on the life of the asset. check with your CPA.

Posted 2009-10-15T23:20:14Z
Lovo was invited by Yedda to answer this question.

 
2 helpful answers

Assets simply played in business profitability? YAWN...

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