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> Assets don't just disappear because they're not used. This is fundamentally incorrect insofar as the only asset of any small business is typically the labor
by dogecoinbase 7y ago
> Assets don't just disappear because they're not used.
This is fundamentally incorrect insofar as the only asset of any small business is typically the labor it employs. Large businesses have intellectual property, capital, real estate, vehicle/equipment fleets, and so on, but nearly all small business have a lease, their on-site inventory (frequently perishable), and their people. All of their ability to continue operations is represented by their ability to retain those people.
- mikeg8 7y agoOver generalizing. Small businesses may own all of the same asset types as large corps, just on a different scale.