BizSugar.com › Finance › Preventative Maintenance on Fixed Assets: Maximize ROI

In most industries, operational effectiveness depends on a major investment in fixed assets such as vehicles, specialty tools and machinery, custom equipment, and other mechanical devices. Shown on the balance sheets as fixed assets, these items can represent a large portion of a company’s value.

However, even if those assets are fully depreciated from an accounting perspective, they are often essential to maintaining efficient operations. Productivity is a function of how efficiently a company maintains its operations flowing smoothly and at the lowest cost.