oboloo Glossary

Economic Assets

oboloo Glossary

Economic Assets

Economic Assets are critical components of any business’ success. They are tangible or intangible items held by a company to generate income, either through usage or eventual sale, and can range from buildings and products to patents and brand recognition. Economic assets play an important role in the overall financial health of a company as they represent just how much potential value is available to them. By controlling and investing wisely in assets, companies can create more positive cash flow and increase their value on the market. Whenever planning for impactful investments, businesses must always consider their economic assets – which could be the key to unlocking long-term success.