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What are your best asset and why?

Updated: 9/15/2023
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14y ago

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In a business, a "best asset" could be defined as the asset that generates the highest cash flow and offer it a competitive advantage in the marketplace. These could include intellectual and legal entities like a skilled workforce, a premium client list, patents, trademarks, and licenses - these give companies abilities to generate cashflow, abilities that are difficult to copy. These could include specialized equipment and machinery that allow the company to produce goods at low-cost, high quality. These could include real estate, which were bought at a low price but now have high resale value. These could include cash and other highly liquid financial instruments, because of their liquidity in the marketplace. These could include "goodwill," a company's solid reputation and brand recognition in the marketplace.

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