A small business purchases two new pickup trucks is an example of a capital project .
What Is a Capital Project ?
A long-term, capital-intensive effort to expand, enhance, or repair a capital asset is known as a capital project. The size and expense of capital projects are what distinguish them from other types of investments that require less preparation and resources.
To speed up growth within a business or government, regular capital investments, such as new facilities, buildings, or systems, may be required. For instance, if a business wishes to construct a new warehouse or buy new manufacturing equipment to improve productivity on the production line.
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