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.
Companies are more and more dependent on their IT systems. The reliability and performance of the network are two aspects that should not be neglected. The IT audit is a good way to evaluate the efficiency of the system and avoid bad surprises.
Maintaining an up-to-date inventory is very important, but it is even more so for museums and art galleries that have many valuable collections. An art inventory must be well managed and well preserved to ensure its longevity over time. For insurance and control purposes, high value objects must be checked regularly and some important documentation on the artworks must be kept.
Failure to implement an inventory management system can have a significant impact on your business. For companies whose business is based on the sale, loan, distribution or use of materials (assets), the success of the business relies heavily on inventory.