It is universally described as “capital goods” all the equipment, buildings and facilities that are used by a company to produce and offer all its products or services; If we talk about businesses that operate internationally, capital goods are all the expenses that companies incur during their operation, including office maintenance (rent, stationery) and employee uniforms.
Capital goods are an important factor in the economic development of a company, these financed structures are positioned within the group of expenses that a company has annually; When the goods are used for a long period of time, like any material thing, they suffer damage, at the moment they are defective they must be replaced or repaired, the cost of these modifications means a primary expense for the development of a business.
The list of capital assets of a company usually includes: heavy machinery (excavators, vehicles, etc.), office supplies (computers, printers), among others, which are characterized by requiring a large investment, but their use may take time. for many years. years.
In this way, all the products that are used to manufacture a final product can be defined as capital goods, that is, they are not managed for the consumption of their employees, but rather are tools to generate more goods or services.
Thanks to the possession of a capital good, you have the opportunity to maintain a return on the money spent on that material. Because they are elements destined to continue the profitable process of a company, thus increasing financial capital, a synonym for capital goods is the term “fixed assets”, since it is considered a good that generates more assets.
