Multiple Class Asset Management Advisors

When planning for long-term goals and growth, it can be difficult to anticipate everything the road to success will throw at your business. Our team of advisors can give you the benefit of years of experience in dealing with unexpected twists and turns, as well as the comfort of knowing that we have been through this before. No matter where you are in your journey, we can help you be ready for whatever is around the corner.

Preparing Your Business for Success

No matter the size of your business, your needs are always changing. Capital asset management can help you prepare for the changes you plan, and for those that come up unexpectedly. Whether you need to expand to a new facility or sell old equipment that you no longer require, we can help you choose the best way to meet the needs of your business.

Defining a Capital Asset

Capital assets are items purchased for the benefit of a business intended to be utilized for longer than a year. They can include items large and small; anything from office buildings and manufacturing equipment, to desktop computers and other office necessities. Any durable goods not purchased for resale become a capital asset for your company. In some cases, investments, like stocks and bonds, may qualify if they are intended to be held long term and for the good of your business.

Managing Capital Assets

Understanding the role capital assets play in your business is vital to your success. Acquiring and disposing of capital assets affect both your balance sheet and your tax filings. When you purchase assets, you are increasing that value on your balance sheet, and a portion of the purchase is deducted from your taxes each year based on its cost and expected usable life. The sale of assets has a similar, but opposite effect. If you profit from the sale of an asset, you may be subject to capital gains tax, but a loss may be deductible.

How We Can Help

Our staff of professional advisors will work with you to develop the best strategies for the needs of your business. Knowing how a large purchase or sale will affect your company in the coming years is an important part of planning for your success. By analyzing a longer timeline, we can help you be ready for the important moments that you may not yet see coming. Our goal is to support your success not just for today, but for the life of your business.