Frequently asked questions
MyAssetRocks wants to be a business platform and not a sectorial tool.
Business? What business?
Well, precisely! The one that consists in managing and optimizing the profitability of the company's production tools, of the investments made by the company in order to produce, in the best way, its products or its services, of its fixed assets.
An item representing such a weight in the company deserves to be served by a platform dedicated to it!
Moreover, this business approach rather than sectorial, allows MyAssetRocks to create bridges between companies, no longer based on their sectors of activity but on the composition of their fixed assets and their needs in consumption of fixed assets.
Business? What business?
Well, precisely! The one that consists in managing and optimizing the profitability of the company's production tools, of the investments made by the company in order to produce, in the best way, its products or its services, of its fixed assets.
An item representing such a weight in the company deserves to be served by a platform dedicated to it!
Moreover, this business approach rather than sectorial, allows MyAssetRocks to create bridges between companies, no longer based on their sectors of activity but on the composition of their fixed assets and their needs in consumption of fixed assets.
MyAssetRocks brings you a process and a methodology aiming at saving you the maximum of time! No more need to go through a few people in charge of managing your fixed assets, all those who need to use them are on board and can manage their needs in real time. Once your assets are listed, let the strength and efficiency of the collective work! You don't have to spend extra time managing your platform, it will save you time so you can focus on new tasks.
You determine the cancellation conditions for each of your assets. In order to be fair, the cancellation conditions imposed on the lessee are the same that apply to the lessor. This means that both parties can cancel at their own discretion and in accordance with the cancellation conditions agreed upon at the time of rental.
This will obviously depend on the composition and volume of your fixed assets. However, in order to give you an idea of the power of the leverage represented by your tangible assets, here are some elements. According to the INSEE, in France
- a SME is on average:
- 6,1m€ of turnover
- 2,53m€ of tangible assets
- 26 employees FTE
- an ETI / Large Group is on average
- 428m€ in revenues
- 275m of tangible assets
- 1,130 FTE employees
An additional 5% return on tangible assets represents the equivalent of
- for an SME:
- 11.8% of trade receivables
- 15.6% of trade payables
- 9% of the payroll (i.e. 2.35 FTE)
- 2 points of Gross Operating Income
- for an ETI / Large Group:
- 18% of trade receivables
- 21.5% of accounts payable
- 18% of payroll (i.e. 206 FTEs)
- 3.2 points of EBITDA
In France, for all types of companies and all sectors, tangible assets represent on average nearly 27% of the total balance sheet of each company! It is therefore not surprising that every action taken on such a large item has such significant results... and in cash flow!
- a SME is on average:
- 6,1m€ of turnover
- 2,53m€ of tangible assets
- 26 employees FTE
- an ETI / Large Group is on average
- 428m€ in revenues
- 275m of tangible assets
- 1,130 FTE employees
An additional 5% return on tangible assets represents the equivalent of
- for an SME:
- 11.8% of trade receivables
- 15.6% of trade payables
- 9% of the payroll (i.e. 2.35 FTE)
- 2 points of Gross Operating Income
- for an ETI / Large Group:
- 18% of trade receivables
- 21.5% of accounts payable
- 18% of payroll (i.e. 206 FTEs)
- 3.2 points of EBITDA
In France, for all types of companies and all sectors, tangible assets represent on average nearly 27% of the total balance sheet of each company! It is therefore not surprising that every action taken on such a large item has such significant results... and in cash flow!
MyAssetRocks allows to act on all the tangible assets, whether they are vertical (i.e. specifically linked to the company's activity sector: construction equipment, warehouses, laboratories, etc.), or transversal (i.e. unconnected to the company's activity sector but necessary to its good functioning: offices, meeting rooms, service vehicles, computer equipment, etc.).
Because every investment that a company makes is made with the aim of generating, directly or indirectly, value and deserves the same attention and the same treatment.
Because every investment that a company makes is made with the aim of generating, directly or indirectly, value and deserves the same attention and the same treatment.
No problem! You can manage the visibility of each of your assets! You can choose to make an asset visible only to your employees, to make it visible to other companies in your group, to make it visible to a circle of companies that you have defined or to make it visible to all companies on the platform! The choice is yours.
No problem there either! When a company wants to lease one of your assets, they submit a lease application. No lease is imposed! You receive the lease request and you can accept or refuse the request. You are the only one in control.
You can relax, MyAssetRocks takes care of everything! In order to make the rental process as easy and efficient as possible for you, we integrate the entire rental process into the platform, including: the contact with the renter/tenant, the rental contract, the insurance, the payment, the security deposit and even the check-in and check-out process.