Simplicable Guide

56 Examples of Business Assets

John Spacey, June 02, 2021

A business asset is useful property that is owned by a business. These are typically categorized as current assets, fixed assets and intangible assets. Current assets include cash, marketable securities and assets that are expected to be converted to cash or consumed within a year. Fixed assets such as property, plant and equipment have a useful life of more than a year. Intangible assets are assets that can't be touched such as the value of a brand, customer list or trademark. The following are common types of business asset.

Accounts Receivable	Bank Deposits
Buildings	Cash
Cash Equivalents	Communication Equipment
Computers	Concessions & Franchises
Construction Equipment	Cultural Assets
Debt Securities	Elevators
Equipment	Equity Securities
Fixtures	Furnishings
Goodwill	Heating, Ventilation and Air Conditioning (HVAC)
Infrastructure	Interest Receivable
Inventory	Kitchen Equipment
Land	Land Improvements
Licenses	Loans, Advances & Deposits
Machines	Marketable Securities
Media Equipment	Mobile Devices
Musical Instruments	Natural Resources
Prepaid Expenses	Prepaid Taxes
Production Equipment	Property, Plant & Equipment
Raw Materials	Recreational Facilities
Research & Development	Rights
Safety Equipment	Satellites
Shipping Equipment	Ships & Boats
Signs	Software
Storage Systems	Supplies
Taxes Receivable	Tools & Dies
Trademarks & Patents	Transportation Equipment
Uniforms	Utensils
Vehicles	Work in Progress (goods in process)

Intangible assets are difficult to value and often aren't included on a balance sheet unless a concrete value has been established. For example, intangible assets purchased from other firms may be recorded as goodwill on a balance sheet.

56 Examples of Business Assets

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