Author: Andre Spiteri

What are Fixed Assets for a Business?

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What are Fixed Assets for a Business?

If you’ve been self-employed for a while, your business has likely accumulated a few fixed assets. In fact, chances are your business has fixed assets even if you’ve just started out.

But, you may be wondering, what are fixed assets exactly? How are they different from other types of business assets? And, more importantly, how do you account for them?