Fixed asset maintenance is the regular upkeep and proper functioning of physical assets such as equipment and machinery. It is used to keep the business’s fixed assets in a state of good repair and operation, allowing them to remain efficient and reliable. Regular maintenance allows companies to prevent unexpected breakdowns and more costly repairs, leading to lower costs and increased profits. From lubrication and cleaning to inspections and calibration, a comprehensive approach to fixed asset maintenance can help businesses save time, money, and resources while minimizing downtime and ensuring quality performance.