6ix Finance

Capital equipment management and budgeting

Capital equipment management and budgeting

December 7, 2022

Bankers/Lenders

You are lending money based on the reported value of capital assets. However, the depreciated carrying value stated on your client’s balance sheet is very likely not indicative of true value. We can help you verify the quality of that collateral by inventorying all of your client’s capital assets, determining whether they are still in use, what their required maintenance is, and where the items are in their life cycle. This will give both you and the client insight into what the current value of the equipment is, as well as upcoming capital expenditures for repairs and maintenance.

Small and Medium Businesses

To an owner of a small or medium business, every expense holds huge importance for your business operations and it ultimately has a significant impact on your bottom line. This is why when it comes to the capital inventory of small and medium businesses you need to be absolutely sure which assets are making you money, which ones are bleeding you financially, which ones have gone out of service and need replacement and which are the ones that require repair. Our team of experts can help you with a list of every piece of equipment and its current condition to help you determine the present value/cost of your business, and help you forecast your required capital expenditure.

Accounting Firms

For accounting firms, information on your clients regarding their equipment is absolutely crucial. We can help you with a comprehensive list of equipment inventory for your client base in terms of assessing each piece of equipment to see which ones are making a profit, which ones are contributing to losses, which ones need replacement, and which are the ones that can be made functional with repairs. This in-depth list will ultimately help your clients determine the current value/potential cost of their company/business and help them steer to better profit margins, while helping you better assess equipment recoverability and impairment for financial statement presentation.

Client name
Muse Metta
Skills
Sketch, Illustrator
Website