As a business owner, you have financial rights to the assets of your company. These are not the same as the rights that shareholders have. Owners have the right to convert their assets into cash and use them as part of their operations. However, not all assets are convertible. In some cases, a lease allows you to keep the asset indefinitely, even after you no longer use it.
A company’s assets are anything that provides value to it. They can be intangible or tangible and are used to fund operations and grow a company. They include patents, machinery, and investments. A business’s assets are a key component of its overall value and determine its net worth.