Capital comes in all forms. A quick search of the web yields a pretty long list. The most commonly referenced varieties are physical capital (property, plant and equipment) and financial capital (debt, equity and hybrid securities). And then there are less familiar and tangible forms, like knowledge capital (people, patents and intellectual capital), and even cultural and social capital. The list could go on, but that’s not the point.
At PCG, we are keenly focused on two distinct elements from this list, and it’s what we call ‘Progress Capital’. What garners such attention? It’s People. And Finance. After all, it takes people to select and operate equipment, to create products and services, and to find and care for customers. And without finance, there are no purchases of equipment, no investment in inventory, and no development of products and services. More importantly, there are no dollars to pay people for all their efforts.
With people and financial capital, great things are possible — and that’s our focus. That’s Progress Capital.