A fixed asset is a set of items intended to be used on a long-term basis for a company’s activity. In other words, they are assets that a company owns for a long time and that are not intended for resale. There are three main categories of fixed assets: tangible assets, intangible assets and financial assets.

Preventive maintenance is probably the most neglected type of maintenance. Yet it can make a big difference to your business. It allows you to prevent unexpected equipment incidents that can affect your business.