For modern companies, the main assets tend to be intellectual property or intangible things like brands and ideas. Even where they do have physical assets such as property or vehicles, it is likely that they will have financing arrangement secured upon them and, in the event they become insolvent, often the intellectual property is the only unencumbered asset left.  

As a company grows, the assets it holds naturally increase.  Those assets might be tangible like property or machinery or intangible like intellectual property or customer relationships.  Looking after a company’s assets are important because it’s through those assets that a business generates revenue, thereby increasing a business’ value.  That’s where employing the services of an Asset Management expert, like Charterfields, is important.  Charterfields can help maximise the full value of a company’s assets.