Asset Management Services in India by Top Legal Firms
Assets are a valuable part of the business equation. For business, the concept of assets is broad. It refers to anything that can be controlled, store and produce more value. Generally, companies have two types of assets- physical assets and intangible assets. Where machines, tools, real estate, vehicles, etc. comes under physical or tangible assets the same intellectual property (IP), databases, operational data, etc. comes under intangible assets. Assuredly, the advent of disruptive and innovative technology has made the business process hassle-free and impeccable but on the flip side, it also created challenges for businesses. Today, asset management is essential for business. With the growth of the business, it makes business operation more efficient. Ignoring company’s assets can turn into a financial nightmare. Asset Management is managing, maintaining, and upgrading a company’s assets systematically and cost-effectively. If asset management is done properly, then the performance