An asset is a resource that generates an economic benefit for a business. An intangible asset is a non-physical asset, such as a copyright, patent or trademark. You recognize intangible assets in your ...

Quick definition: these are assets that a company owns that are not physical and can sometimes be unquantifiable. Short-term assets owned by a company are cash, receivables and inventory. Long-term ...

If you're in the business of selling things to people or other businesses, most of those things will be objects with a real physical presence. Those are referred to broadly as tangible goods, but a ...

Far too often, business owners spend all their efforts on ensuring their product or service is of the best quality possible without ever stopping to consider that value is determined by what meaning a ...