Definitive Business Plan, Second Edition, The

Capital assets that you already own

As discussed in Chapter 3 , your business plan needs to include a summary of your existing fixed assets, together with an indication of their value and an outline of the related depreciation policy. A typical accountant's summary of fixed assets is shown on page 172. You can create this from one (or both) of the following two sources:

1. Depreciation schedule. For each asset, your accountant's depreciation schedule will show the original acquisition cost, depreciation to date, the current net book value – and probably estimates of current or replacement value for insurance purposes.

2. Fixed asset register. Somewhere, often with the people that manage your facilities, you will also find a fixed asset register. This ...