Fixed Assets Fundamentals: What Every New Business Owner Should Know

Fixed assets—like equipment, vehicles, and property—are critical investments that can impact your business's financial health, tax obligations, and long-term growth. Fixed Assets Fundamentals is a beginner-level course designed to help new business owners understand what fixed assets are, how to manage them effectively, and why they matter to your bottom line. In this course, you'll learn how to identify, track, and account for fixed assets in a way that supports smart decision-making and compliance with accounting standards. Topics include depreciation basics, recordkeeping requirements, asset valuation, and how to plan for maintenance or replacement. Whether you're purchasing your first company vehicle or furnishing a storefront, this course will give you the tools and confidence to handle fixed assets wisely.